GBPJPY Calm after storm

Hello!

Though market is already opened, I will post a little plan here, and then will trade the plan.

Take a look at the picture



Now that strong movement is over, we have to make a correction, and chances are that a little after we will continue our movement further down in the 5th wave.
I market out important moments on my chart with small rectangles.
The left one - here I marked out the moment, where the price will face upper border of the flat. It is resistance that became a support now. If the price will bounce from it, than it will be a good point to plan a buy trade.
The next one is crossing with re line - another support level.
And the last is probably the crossing point with 233 MA - strong resistance that we have to watch.

And it is all for now, later I will make some comments.

Best Regards,
Anthony Schneider.