Wave-Trader
Long

Bearish wave has lost momentum

FX:GBPJPY   British Pound/Japanese Yen
1457 22 51
I am expecting bullish breakout on GBPJPY             . It seems to me that bearish wave has lost momentum and forming a bearish flag against the bullish impulse. In case price break down the recent lows then it will invalidate the idea.
Comment: Bullish momentum is not strong enough break down is possible sell on sharp break
snapshot
Comment: We approaching to the ideal sell place
snapshot
Comment: So far price is moving according to my prediction. I am expecting ABCDE triangle. once price hit my D wave then i will look for E wave. In case price breaks up then i will look for Flat ABC. Here is the update.
GBPJPY Moving accordingly Breaks up may form Flat ABC
Comment:
GBPJPY click on the previous ideas please
Comment: I am still bearish on this pair.
GBPJPY Sell breakdown
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Im in Bro....Loooong.
+1 Reply
Its little early mate did you not read my explanation. Anyway good luck mate.
Reply
piptamil Wave-Trader
Gained 40 pips in that spike bro..thanks
+1 Reply
HAHAHAH quick trade
Reply
Is it still valid to bull sir?
+1 Reply
Yes But keep watching for price action on bottom line
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Najib13th Wave-Trader
Okay...thank you for your educational answer sir.
Reply
This pair is ready to go up! :)
+1 Reply
Not yet keep watching for price action on bottom line ya it not ready yet.
+1 Reply
fxfxfx Wave-Trader
OK, thanks for the advice.. We will see on Monday. Have a nice weekend Wave
+1 Reply
My pleasure mate cheers.
Reply
arshadd Wave-Trader
Sir would you mind , sharing ur one strategy to enter the trade, please with rules sir.
+1 Reply
PM me
Reply
fxfxfx Wave-Trader
How is this pair looking to you Wave? It went down to retest the break out line (130.332) and it was rejected, but it couldn't climb higher that the break out bar H4 (132.123)
+1 Reply
Keep watching t0ma there is no sign to buy yet i am also watching i will update it if i see sign. Whats about NZDCHF mate you have some doubts on that pairs and thinking that i was going against mainstream. look at my new updates mate
Reply
fxfxfx Wave-Trader
I took a LONG with NZDCHF thanks to your chart! :) I am still watching GBPJPY for a clear sign, it has been a boring movie so far.
+1 Reply
Good Luck on GBPJPY mate AND short term pullback is possible on NZDCHF.
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I still think USD/JPY will reach 98~ before it go long.
+1 Reply
Very possible mate Good Luck
Reply
any updates from this pair sir?still valid to bull?
+1 Reply
There are no bullish moves mate its corrective move to the upside keep watching breakdown is possible. wait for my update mate
Reply
Najib13th Wave-Trader
thank you sir.hoping and waiting for your updates on this pair.
Reply
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