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GBPJPY Waiting for Retest

FOREXCOM:GBPJPY   Pound British/Jepun Yen
Watchlist GBPJPY             , H4:
Yes i am here for Reason Trading Strategy Elliot Wave .

Currently we can see ( GBPJPY             ) is being corrected from bearish trend , and still possible to fall back because according to the analysis I see: the previous trend has formed (Wave 1) and (Wave 2) which makes the trend down. Here too I see prices have formed a new wave before rising or correction. And I have a trendline or (Wave 3) that makes this pair bounce up. My assumption is to wait for the retest and the formation of a new wave that is (Wave 4). If that happens then the price potentially will continue the real bearish trend . This is just my assumption and analysis. The retest confirmation will be the most important. REGARDS
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