GBPJPY is ready for a wave to downside

21 apr 2016

this correction pattern is about to end. its a flat type of correction.
"STILL" it has room for more upside, maybe for making an ending diagonal.
I will be a seller only at a break below wave 4 shown in the chart or if it goes more upside and makes an ending diagonal, I will enter upper on the break of ending diagonal

22 apr 2016

Nota

So price broke the trendline to the upside and the trade i was looking for had never triggered.
below is possible future movements which suggests that there will be a corrective phase (maybe) to 50-61.8% levels.
A correction after this break is an opportunity for joining the wave going up.

23 apr 2016

Nota

compare my previous labeling with this one. this is an updated labeling. Since structure change, I change the labeling.

9 mag 2016

Nota