Currency: GBP/JPY
Trend Expected Direction: Down
Method: Elliott Waves and Fibonacci Levels
Description: As trend going through wave C to complete 100% of previous ZigZag where wave C got into a triple smaller corrections that I marked them as Simple, Complex, and I expect a more complex smaller correction on the way going down through 126.500 level. This trade will take sometime probably a week or so going slowly to its target due to itscomplexity.
Recommendation: Sell and hold
Target Area: 126.500
Stop Loss: 129.650