FullTimeTrader
Short

GPBJPY-agressive C sell - bullish bat

FX:GBPJPY   British Pound/Japanese Yen
1115 13 19
According to my previous idea im already short on this pair, so far with profits:
GBPJPY-convergence divergence setup near 195.000


I found this possible bat tha could be forming at a nice structure level.

If the price gets to the PRZ i will be looking to buy near that area.

Happy weekend
I disagree, because we have to see a real resistance hit, which still did not happen yet.
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Yahia.Awes Yahia.Awes
Here is my idea, what I see is that GJ has to drop indeed but it is making a bullflag now.
GBPJPY downtrend channel since 1979
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Yahia.Awes Yahia.Awes
Anyway good luck!
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FullTimeTrader Yahia.Awes
Hello, thanks for comments, i agree the correction is near, but its difficult to know the exact turning point. I published a long term chart looking for the area 198.68 and 199.54 area(see below) to sell. This pair is very volatile, this is my alternate plan because according to price action the correction may be already starting. I this setup fails i will be looking to sell higher but i dont want to miss this trade!!
GPBJPY-is forming an ending expanding diagonal- huge decline
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Yahia.Awes FullTimeTrader
That is one I really like. All GBP pairs will drop, they are waiting for that gap to be filled :)
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nice setup..
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SPX looks like it'll crash down now.
I'm long GBPUSD though.

snapshot
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FullTimeTrader IvanLabrie
I expect all USD pairs to crash soon, im short on USDMXN already. For me the EURUSD and GBPUSD are forming a triangle and they are tricky to trade, better i will look other pairs where a see a pattern i recognize.
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PriceActionTrading FullTimeTrader
Agree. majors now are tricky.
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thx for sharing..this is my view
Bullish Flag?
Bullish Flag?
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Are you short?
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i mean if you are in
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yes, the setup is still valid
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