GBP/JPY; 5 Wave Visible & Shark Pattern Indicates Higher Prices

Long

British Pound / Japanese Yen (FX:GBPJPY)

Updated

FX:GBPJPY British Pound / Japanese Yen

After falling in 5 clear waves, this pair is in a good position to start a rally, probably corrective. Also we have a Bullish Shark pattern plus positive divergence in RSI.

Good luck,

Ali Sharif Azadeh, CFTe

Comment:

This one worked nicely and TP was taken.

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