GBPJPY: Your Detailed Trading Plan 🇬🇧🇯🇵

snapshot

Update for GBPJPY.
After a strong bearish wave, the market is correcting within a rising wedge pattern.
To catch the next trend-following move, wait for a bearish breakout of its support.
We need a 4h candle close below that to confirm the breakout.

A bearish continuation will be expected to 164.55 / 163.75 levels then.

Good luck!

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Elliott WaveGBPGBPJPYjapaneseyenjpypriceactionpriceactionanalysispriceactiontradingTrend LinesWedgeyen

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