ElPatron.Y

Potential GBPJPY outlook for the coming months

FX:GBPJPY   British Pound / Japanese Yen
I am looking for a short untill 183 area, which is point 4 of the wolfe wave. From there I would like to buy if the falling wedge in RSI breaksout north. Targeting at least point 5 and maybe even the sweet area in the wolfe wave.

Once arrived there I believe we have a lot of pips to be made at the sellof.

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