Elliote wave analysis + Time factor analysis.
MAJOR WAVE 4 - CORRECTION DAILY
GBPJPY - Correction4 A (129.04 - 136.26)
GBPJPY - Correction4 B (136.26 - 130.41) Triangle a,b,c,d,e - completed @ 130.88
GBPJPY - Correction4 C (130.88 - 140.00) 140.00 is Fibo target w/o truncation
TREND BIASED - UPTREND NO MORE DOWNTREND BREAKING 130.88
http://4.bp.blogspot.com/_StvCufAOxd...gj_updated.gif
MAJOR WAVE 4 - CORRECTION DAILY
GBPJPY - Correction4 A (129.04 - 136.26)
GBPJPY - Correction4 B (136.26 - 130.41) Triangle a,b,c,d,e - completed @ 130.88
GBPJPY - Correction4 C (130.88 - 140.00) 140.00 is Fibo target w/o truncation
TREND BIASED - UPTREND NO MORE DOWNTREND BREAKING 130.88
http://4.bp.blogspot.com/_StvCufAOxd...gj_updated.gif