GBPJPY: Daily Chart

This DAILY Chart shows the progression of the wave A of (B) down. The recent HISTORICAL drop last month was the wave (iii) of (c) of A. And it lived up to its' reputation for sure!

WAVE COUNT
Again, this wave A seems to be a 5-3-5 zigzag pattern. Wave (a) and wave (b) are done but wave (c) seems to be still missing the end of wave (iv) and the wave (v) of (c) of A. The recent move up I see as a wave (iv) of (v) of (c). And I don't think that wave (iv) is done yet. Still more to go. I managed to bank +1379 pips on that wave (iv) up although somehow, someway, I missed out on the bulk of the wave (iii) down.

PATTERN
Still that POTENTIAL Crab looms waiting to be filled. When the wave (v) commences, I would expect that it may get filled.