GBPJPY 4hr sell setup

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Corrective phase of a huge impulsive phase on weekly TF.
Impulsive waves on lower TFs like 4hr or 1hr.
Break of purple channel is a trigger for going short to catch wave 3 of A.
Note
snapshot possible moves
Note
GBPJPY longterm view


result after 4 months
#3rdwave4h4hrABCElliott WaveGBPGBPJPYgbpjpyshortmediumtermParallel Channelpoundshortsetupwave3yenyen

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