GBPJPY ANALYSIS 240 TF
THE MARKET JUST COMPLETED WAVE C OF A MINOR DEGREE. WE ARE HEADING TO WAVE C OF AN INTERMEDIATE DEGREE
WE EXPECT THE WAVE-C OF THE INTERMEDIATE DEGREE TO BREAK THE 0-B TRENDLINE OF THE FLAT-PATTERN IN THE SAME AMOUNT OF TIME TAKEN BY WAVE-C OF THE MINOR DEGREE. ELSE THE MARKET IS FORMING A COMPLEX CORRECTION [W-X-Y OR W-X-Y-X-Z]
WE EXPECT THE WAVE-C OF THE INTERMEDIATE DEGREE TO BREAK THE 0-B TRENDLINE OF THE FLAT-PATTERN IN THE SAME AMOUNT OF TIME TAKEN BY WAVE-C OF THE MINOR DEGREE. ELSE THE MARKET IS FORMING A COMPLEX CORRECTION [W-X-Y OR W-X-Y-X-Z]
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