anilmangal
Short

GBPJPY Is it an ending diagonal?

FX:GBPJPY   British Pound/Japanese Yen
9203 25 213
The GBPJPY             is in a daily corrective structure. It is now in a down C impulse which has an abc structure on the lower degree. The lower degree c wave looks like an ending diagonal . Let;s see if we get the next impulse down and what it will look like .
I am looking to sell if it breaks to the down side without breaking the down trend line .
Trade with care.
Thank you for your support.
http://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Comment: 60 min view of correction
snapshot
Comment: 15 min out look looks like consolidation
snapshot
YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
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Training : add to skype mangal457
buy after bo?
+2 Reply
anilmangal TOP puretradelife
If it breaks to upside
+5 Reply
I think there is a slight divergence in MACD.
+1 Reply
Thanks
+2 Reply
thanks for the heads up!!
+1 Reply
let's see how it goes
+1 Reply
I'll keep an eye on it and trade with care.
Reply
Yes , let's not miss it
+1 Reply
Thanks, Straight forward and simple trend lines, works a treat. I missed the leg down from the 175. on this one, but managed back on at the 164.5 level. I'll set an alert for the 158.
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Just one other thing, we had a gap last week, Friday close / Sunday open at around the 162. level and that was only partially filled, just that i'm keeping that in mind on any deeper pull backs
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157.68 sell . turkey . thank you. good luck
+1 Reply
158 sell limit activated at night thank you man :)
+1 Reply
Be careful, it's still in the consolidation. I will post an update.
+1 Reply
HLB-FX anilmangal
So what you think where can set sell order ?
Reply
That will depend on what strategy you are using to trade , I am going to trade this with my breakout strategy, because it doesn't fit my rules for any other strategy I used.
Reply
HLB-FX anilmangal
ok.thanks.. i will wait for your next update
+1 Reply
RealMadrid anilmangal
thanks for the update
+1 Reply
thank you :-)
+1 Reply
Thank you very much!
+1 Reply
thanks for nice one entered short 158,2 :)
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mp4mp5 PeterHansen
TP till?
Reply
KokoTata PeterHansen
enter 158.60 take profit 160.20
Reply
It looks so pretty!
+1 Reply
snapshot
very nice setup anil i am also short on it
Reply
breakout at downside. Can we enter short ?
Reply
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