Gbp vs Jpy 1H Update #4

Finally the price hit my TP2. Either there will be a bearish continuation or a retracement, we need to wait and see. I believed the price will downtrend until Fibo 161.8% before maybe a reversal (depends on whether got bearish continuation or not). If we look in details, we can see a "Diagonal Triangle" (red triangle) and a "Throw-Over" (green triangle) pattern, which is a sign for a reversal later on. But we need to wait for the price to complete wave iii, iv and v first before that senario could happen. So happy weekends and good lucks.