Wave-Trader
Short

GBPJPY watching for sell

FX:GBPJPY   British Pound/Japanese Yen
5397 25 89
I am expecting breakdown.
Comment: As long as price will remain under the upper triangle line i am short on it.
Comment:
snapshot
Comment: Expecting continuation to the downside
snapshot
Comment: I am still bearish on this pair.
GBPJPY Sell breakdown
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Nice finding. The most obvious wave pattern to form though, would be a fifth wave E upwards in your descending triangle after the D wave. The a breakout downwards should occur (based on established theory). It would as well be smart to look at the pattern of one larger degree to see which wave the triangle is forming in, as they should only occur in positions prior to the final wave.
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Is this ending diagonal pattern?
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interventions....
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i'm short with you guys after this wave but i've got some good pips from this wave up. i think it will follow through as my chart shows. just giving you guys some perspective. feel free to disagree, just be careful.
GBP/JPY wave up then SHORT
+1 Reply
Agree mate thank you for sharing your chart Good Luck.
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be carefully because 1 hour market rangging this week...good pattern
+1 Reply
Always be careful bro.
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Waiting for the right time to enter. It seems to me that the newly developed high will break down soon. Thank you for sharing this chart.
+1 Reply
Yes it is possible mate Good Luck mate.
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How i can add a chart in "Post Comment"
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