GBP/JPY daily - Corerctive Triangle Pattern
Bigger picture we have completed a Elliot Wave pattern and we are now in correction mode in a ascending triangle. We have not reached 50% retracement from July 2007 Highs to Sept. 2009 Lows.
Short term I'm waiting to reach point D and eventually break up after point E is reached taking us to new highs.
Thanks!
Will
Short term I'm waiting to reach point D and eventually break up after point E is reached taking us to new highs.
Thanks!
Will
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