Bearish wave has lost momentum
I am expecting bullish breakout on GBPJPY. It seems to me that bearish wave has lost momentum and forming a bearish flag against the bullish impulse. In case price break down the recent lows then it will invalidate the idea.
Nota
Bullish momentum is not strong enough break down is possible sell on sharp break Nota
We approaching to the ideal sell place Nota
So far price is moving according to my prediction. I am expecting ABCDE triangle. once price hit my D wave then i will look for E wave. In case price breaks up then i will look for Flat ABC. Here is the update. 
Nota
Nota
I am still bearish on this pair.
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For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
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