GBPJPY Huge Down Move Is Very Soon

Hello traders.

This is one of the best charts in terms of potantial. A weekly corrective structure is in the making. There is a chance for 4th and 5th waves but these are optionals. That means this chart can go down very soon very fast. I like to take any short trade opportunity and there is trade setup right know. I put an entry order blow last deep and minimum target is 116.

Kommentera:

You can find detailed video analysis in Twitter. The link is in profile page.

Kommentera:

Stoploss at breakeven.
Waiting for a correction in the same magnitute with 2nd wave as 4th for more down side.

Kommentera:

Stopped out with breakeven. Now, either a correction for more down impulse or B wave inside of daily 4th wave is in the making.