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GBPJPY - Correction then C wave up.
British Pound / Japanese Yen
Long
GBPJPY - Correction then C wave up.
By BSVtrader
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Jan 12, 2020
3
Jan 12, 2020
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 Wave
Forex
GBPJPY
Multiple Time Frame Analysis
Wave Analysis
BSVtrader
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