kidomsi

GBP/JPY elliot wave retracement

FX:GBPJPY   British Pound / Japanese Yen
Opportunity for a possible 150 to 200 pip short
On the 4hr, the market came from a recent uptrend,
forming a near perfect elliot wave, and starting a retracement.
If the market respects structure then we should see
a retracement continuing to form and settle.
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