GBPJPY 30 min Wolfe Wave

FX:GBPJPY   British Pound / Japanese Yen
155 4 9
I am all ready Long on this Trade and here is a Nice Day Trade .
I have shown a Wedge of which the Wolfe Wave Theory is based upon and that 1-4 Line as your Profit Take Position .
Now that we have broken out of that Channel i expect to see Change in Trend .
My targets are set on personal Patterns and Back Testing Discovery's .
According to mt RSI Based Trading System i will be looking to add to my Trade .

Trade your own plan and your own Rules as this is educational .
Trade what you see.
Updated Chart and Channel has been hit with a Double Top , i am now short .
Target hi has just been hit , i will now place my sell limit at that possible Bat completion and target the 0.382 for the first possible correction , still have my sights set on that Gap .
Just an update of my thoughts .
If you understand the Wolfe Wave Theory THEN when price broke below the Wedge look at the note i made on the chart .
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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
AR العربية
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