wsbza

Potential sharp reversal

wsbza Updated   
FX:GBPJPY   British Pound / Japanese Yen
A sharp reversal may happen, according to the wave count in green.
Potential downside target towards the origin of the ending diagonal at 135.595 (2017 April low)

Note
  • RSI failed to make new highs as price still pushing higher
  • alternative count in pink or white

Comment:
Comment:
possible short-term wave count
Comment:
potential 3 waves pull back
Comment:
Comment:
possible re-test the end of pink wave iv at 150.93
Comment:
Comment:
micro count seem bearish
Comment:
retest pink wave iv resistance at 150.93?
Comment:
pink wave ii ended at 154.046
Trade active:
sell
Comment:
Comment:
ugly triangle?

'When you have eliminated the impossible, whatever remains, however improbable must be the truth.'


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