 Welcome traders to another intraday web analysis session with me Patrick and we want to revisit the sterling yen on the four hour time frame. We're in a fourth wave complex consolidation pattern here which is subdividing up nicely so we have abc abc this is going to be our x that's labeled that are w x high at 155 80 and we are then looking for a y to complete down here into the equality objective at 115 39 so a couple of trading opportunities one i'll be looking at bearish reversal patterns into the trend line test here at 154 30 set short positions to play for last leg of this complex corrective pattern down into the equality objective at 150 39 before looking for reversal opportunities to play for a fifth wave upside objective at minimum of 157 there's always traders plan the trade trade the power money