Complex Correction On GBPJPY Near Completion; More Downside In View
On the 4h chart of GBPJPY, we are looking at a triangle correction pattern taking place in wave 4, with wave "e" yet to come, that represents final wave within a contracting shape. As such, we may see a completion of this correction sometime this month, ideally near 134-136 area.
GBPJPY, 4H
Disclosure: None.
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
