GbpJpy long, wave analysis

6 Ara 2018

GbpJpy ready for a push up

This is leg C of a ABC correction

wave C will have 5 sub-waves as it pushes up to finish the correction
I've labeled sub-waves 1 and 2 in black
3 more waves to go on this push up

already getting candle confirmation on 15 minute chart

follow arrow up to the green line TP about 144.200 (over 80 pips)

6 Ara 2018

Not

Wave C is complete. It wicked up to 144.100 and fell short of my take profit by 10 pips. Still a solid 70 pip move