GBPJPY 5th Wave Completion?

Diupdate
I believe I read this setup wrong when I published on the 25th.

I believe there is another wave that needs to complete before price corrects.

If this is the case, I see two possible scenarios; 1. price reaching the retracement extension @ ~129.XX or price reaching the last low @ ~131.75.

What are your thoughts on this one?
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