GBP/JPY had plunged into Black & Purple parallel Channel zone.
And in 2018 Nov. there would have a Monthly Cloud torsion which has the same
reversal Fractal pattern as 2002. Jan (Pink circle zone:1300 pips correction ).
However this time would be still under Black Channel upper line, so I would say
one more pullback into Brown ascending line (4-B Failure).
Then wave 4-C is coming later.
Nikita FX (climbingfx.jugem.jp/ )
And in 2018 Nov. there would have a Monthly Cloud torsion which has the same
reversal Fractal pattern as 2002. Jan (Pink circle zone:1300 pips correction ).
However this time would be still under Black Channel upper line, so I would say
one more pullback into Brown ascending line (4-B Failure).
Then wave 4-C is coming later.
Nikita FX (climbingfx.jugem.jp/ )