GBPJPY Wave Analysis - Prepare for fall

GBPJPY reached its sell zone! Have a look at my analysis to see the power of elliott wave theory.

We have:

• 5-Waves to resistance
  
• 50% Fibonacci level
  
• Wave 5 = Wave 1
  
• Third touch of upside trendline
  
• Double Bar candlestick pattern
  

This is no investment advice. Just for educational purpose!