TradingSutra

GBPJPY: correction ahead

Short
FX:GBPJPY   British Pound / Japanese Yen
We can see a clear 5 wave structure on upside. This suggests that there should be a three a wave downside correction . One should go short on any bounce with SL of 152.6 for tgt of 151- 150.8 zone .
Trade closed: target reached

Manish Bhardwaj
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