GBPJPY: correction ahead Short

British Pound/Japanese YenFXCM

Description

⋅ Sep 28, 2021 10:21 AM

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

⋅ Sep 28, 2021 12:46 PM