gbpjpy long and short trades

٢٨ يوليو ٢٠١٨

we want to get in on the wave 3 of 3 of 3 on h4. looking for an ABC up to the 50 fib of wherever wave 1 of 3 of 3 ends here

for shorter term trades on h1 I'm looking for one more leg down and potential divergence. for a wave A trade I will draw a reg trend line from 4 -5 and a break pullback will get me into a wave A. targeting a 100 fib retracement. wave b will be at the 50 fib retracement targeting the 50 fib of the larger wave 1 of 3 of 3 on h4