Emirah

GBPJPY LONG ANALYSIS Elliot wave and Fibonacci

Long
FX:GBPJPY   British Pound / Japanese Yen
Upon analysing every degree, something was common. And it was that the next wave is upwards. The fashion or the type of wave it is going to create is not that important to me just yet, as I am aware that it is forming an impulse wave overall in the 1 Hr time frame. I believe in the 1 hr , it is completing its second wave and entering into a strong third wave, and I am comfortable to enter.

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