GBPJPY seems to have completed Elliott Wave 3-3-5 regular flat pattern correction in circled wave 4. The wave (c) of 4 perfectly hit 123.6% fib extension + 4-hour order block.
The breach of the green level will indicate that the correction has bottomed and the price is resuming higher in wave 5 of iii.
What's your view on GBPJPY? Let me know in the comment.
Thanks.
The breach of the green level will indicate that the correction has bottomed and the price is resuming higher in wave 5 of iii.
What's your view on GBPJPY? Let me know in the comment.
Thanks.