GBPJPY - Correction then C wave up.

We are currently in a larger correction waiting to complete for the larger move down.

We can take opportunities like this to catch the smaller internal C waves before the larger correction ends.

I will be expecting a correction here, similar to the others in the correction (marked on the chart)

I will drop to the lowers to try and map out the smaller B wave correction, find out when it ends and catch a the long trade up.
Elliott WaveForexGBPJPYMultiple Time Frame AnalysisWave Analysis

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