OANDA:GBPJPY   Livre sterling / Yen japonais
Based on Elliott analysis
In wave B, there is a triangle that has returned 127% of wave a, and in this part, the candlesticks have started to fall. It will return to the bottom of wave a, which is the same target.
From Price Action analysis at this price three have dealt in the past.
And it is in a strong resistance and is suitable for sale..

Don't forget about stop-loss.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade..

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