FX:GBPJPY   Britisches Pfund / Japanischer Yen
W1 - Price is nearing the magnet zone formed by the 50% fibo retrace of the special cycle and 61.8 fibo extension of the double cycle. Once the price reaches this magnet zone we can look for sells.

D1 - Bearish convergence formed, we may now look for pullbacks and sells.

H4 - Lower lows, we may now look for a flat correction in the form of a range or a double wave correction. If it is a double wave correction we can look for most recent trend line break and then look for sells. If we get a flat correction , we can look for breakout at the bottom of the range and then look for sells.
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