GBP/JPY Short idea(5/31/2023)

181
Hello Traders

It seems the price has completed a bullish 5-wave impulse Elliot wave and right now it is completing wave 5.
Also, we have a big weekly resistance between 174.7-175.1 and likely we will see some price actions there, but wait for reversal signs before taking any short positions.

Our technical view has been shown in the chart.

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Team Fortuna
-RC

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