#GBPJPY multi-short setup

FX:GBPJPY   British Pound / Japanese Yen
If wave3 confirmed, pullback on wave4 and completion of patterns on wave5. This setup is supported by 2 bearish patterns, bat and crab which coincide with a bullish 5-0 .
The Beast hit T1, reached the 50 fib for a potential long on bullish 5-0, but cont. down to hit T2 for amazing 200+ . This should remind me to carve my rules deep into my mind to let the trade flow not taking early profit. Nah early, not early but to give the trade every possible chance to go further and not to cut it soon.
+1 Reply
i catch up big fish :))) ur analysis and mine together got me over 400 pip
fximperija samed.karsanbas
Great, glad if my chart was of great help. Cheers
fxtomi fximperija
wild ride, a bit lower but zigzag like the purple arrow ;)
Ok, entered on bat, although, PA triggered the crab also. Crab was a better entry, indeed. +135 so far. T1 hit for +118.
im holding my bearish position and waiting for 172.800 and 4 wave..
Refer to your MM (money management). Can't tell you what to do. It looks like the wave3 has completed, and PA turning down for pullback on wave4. Can't confirm that, to early to say.
i got sell position on 173.0 til 172.820 im stil waiting to get my profit and im agree with but im still thinking to close position cuz my loses about 160$ like that.
what u think?
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