GBPJPY at typical wave-5 target

The pair has made 5 waves down from the Feb 2015 high and located at exRet 127%-162% wave-4 and APP 62% wave-3
- RD+ between RSI & internal waves
- Bullish engulfing candle at PRZ

So entery long will be low risk
DivergenceElliott WaveGBPJPYwave-5

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