GBPJPY ANALYSIS AS ON 09-08-2018

Elliott wave Analysis details

GBPJPY 09 08 2018 CLOSED AT 142.654.

CURRENCY IN CORRECTIVE WAVE, 

TRADING RANGE : 156.536 / 148.709 / 140.883 / 133.056

EVERY RISE SELL DOWN SIDE TARGET 

139.413  / 135.046 STRONG SUPPORT AT 140.883

Upcoming pattern Information

TECNICALLY 2ND WAVE 8% CORRECTIVE SUB MINUTEE WAVE RUNNING

WITH DOWN SIDE CORRECTION IN EXPANDED FLAT WAVE FORMATION

TARGET 132.072, AFTER FINISHING FLAT WAVE FORMATION 3RD WAVE 

SUB MINUTEE MOTIVE WAVE WILL START WITH UPSIDE TARGET 241.368 

ACCUMULATION RANGE IS : 135.046 / 133.056 / 132.072

Trend reversal dates

August 27th

September 3rd

September 20th


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