GBPJPY W4 May 2021GBPJPY
Long Setup
Continuation trade:
👉🏻Price is making multiple continuation pattern in the lower timeframes, fails to break lower as well.
Elliot Wave Count also shows a triangle formation of ABCDE, indicating a Wave-4, breaking upwards will form the extended Wave-5. Target of Wave-5 will be the same as Wave-1 (~338 pips)