This is instrument for GBPJPY daily timeframe.
GBPJPY still has a strong bearish,So volatile at Asia session fall down 300 pips. I expect wave 2 has completed the flat correction, price will test again to break the low price that means GJ ever try 3 times to break again.. so watchout if today got a big impact mix up with pull back and push back inside these fluctuation.
If we look at yesterday movement actually it has a wedge at timeframe 4 hour thats the reason why GJ fall down.
Trading psychology today just control your emotion and try to find the strategic entry. I think price will try to pull back again for a while,maybe at UK session and fall again for 2nd times and i believe this is wave 3/C :D
good luck
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