GBPJPY: Buy breakout

FX:GBPJPY   British Pound / Japanese Yen
1282 9 31
The pair is inside a large corrective structure since the BREXIT impulse and is currently breaking out from a smaller degree corrective structure to the upside, we can aim for the top of the larger corrective structure and then look for a potential breakout which maybe possible to the upside giving a huge trade.

IMPORTANT: The setups posted here are not trade calls or signals and are intended for guidance purpose only and you should use your own strategy to determine entries and exits. They reflect my general view of the market and does not mean you should take the trades without a proper trading plan or strategy.
Hi pip hunters, great post. I have a structure that is a little different

also your idea would invalidate what i end of C wave and i believe that daily needs to be oversold before such a big move up towards the top
We shall all see. Best of luck buddy
+2 Reply
Wave-Expert AkashGaur
+1 Reply
piphunters Wave-Expert
hope you made a nice profit!
+1 Reply
Wave-Expert piphunters
bro, you are such a nice guy!! best of luck for future trades !!
piphunters AkashGaur
yours is a big winner :)
+1 Reply
AkashGaur piphunters
thankyou brother and i sure did :)
+1 Reply
gbp cad / gbpjpy, looks like twins
piphunters Wave-Expert
yap looks pretty similar, thanks for sharing.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out