Wave-Trader
Short

GBPJPY This pair is at nice sell place

FX:GBPJPY   British Pound/Japanese Yen
7023 80 106
4 months ago
I am expecting short under trend line . In case price break up then i will look for change in pattern and structure.
4 months ago
Comment: Hi fellows, please be patient here is the update and level which price can test.
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4 months ago
Comment: I am still short on it also price showing some nice price action on lower time frame. we have seen impulse on 1hr time frame if price break that impulse up and violate that impulse then we will look for new impulse.
4 months ago
Comment: Price still in the structure here is the update clear breakup will change the pattern and structure.
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4 months ago
Comment: Price holding top watch for breakdown if price do not breakdown those who are in the short they can close on break even and look for sell again from top.
4 months ago
Comment:
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4 months ago
Comment: price bounced back from the pattern line but price still in t the pattern i am still expecting price gonna fall to the downside
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4 months ago
Comment:
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3 months ago
Comment:
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Wave-Expert
4 months ago
Great Job teacher :)
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Wave-Trader PRO Wave-Expert
4 months ago
@Wave-Expert, Thank you very much for your feedback mate
+1 Reply
Ching2401
4 months ago
Thanks for your webinar, its really help a lot. Looking forward to your next video :)
Its amazing!
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Wave-Trader PRO Ching2401
4 months ago
@Ching2401, Thanks for your feedback mate.
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JoeyycC
4 months ago
NICE CHART!
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Wave-Trader PRO JoeyycC
4 months ago
@JoeyycC, Thank you very much mate.
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fxmoneycontrol Wave-Trader
4 months ago
@Wave-Trader, good chart,news in few mins ,that may to ur technicals to drag down gbpjpy
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Wave-Trader PRO fxmoneycontrol
4 months ago
@fxmoneycontrol, Which news mate i dont know about that news would you tell me which news will drag down this pair thanks in advanced.
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fxmoneycontrol Wave-Trader
4 months ago
@Wave-Trader, gbp news and usd news all over,all gbp pars came down gbpaud and gbpusd,but not GbpjPy ,I am in see at 135.30and 135.08, let's hope for down break and continue till 132 1st
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Wave-Trader PRO fxmoneycontrol
4 months ago
@fxmoneycontrol, it will but i think after hitting your stop mate good luck dont use tight stop when price is in trending.
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saidev99 PRO
4 months ago
Nice chart Sir!!
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Wave-Trader PRO saidev99
4 months ago
@saidev99, thanks you very much DEV
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allangarciaperez
4 months ago
hi, how do you still see the bearish reaction ? below the channnel?
+1 Reply
Wave-Trader PRO allangarciaperez
4 months ago
@allangarciaperez, yes i am bearish mate. strong breakout will change my structure and if then i will look for the change in pattern and structure.
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dannydegrote
4 months ago
dangerous move up, hope not break
take this trade for sell
+1 Reply
Wave-Trader PRO dannydegrote
4 months ago
@dannydegrote, nothing gonna happen sir structure is far away from this move at the end it will fall like waterfall.
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dannydegrote Wave-Trader
4 months ago
@Wave-Trader,
thanks for your reply mate.
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Wave-Trader PRO dannydegrote
4 months ago
@dannydegrote, My pleasure sir good luck
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Guillermo87
4 months ago
i agree ,good work mate .i got at 135.400 lets hope see the waterfall
+1 Reply
Wave-Trader PRO Guillermo87
4 months ago
@Guillermo87, thanks mate cheers.
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just a question, what makes you think that this pair will fall? are u counting on JPY or GBP? dont you think it might climb up to 138.35? would appreciate your feedback.. thanks
+1 Reply
Wave-Trader PRO FXPRO_TREND_TRADER
4 months ago
@FXPRO_TREND_TRADER, based on structure and based on pattern mate.
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BeFX FXPRO_TREND_TRADER
4 months ago
@FXPRO_TREND_TRADER, Did You see the indicators?
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FXPRO_TREND_TRADER BeFX
4 months ago
@BeFX, which indicator are you referring to?
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saadalielghobar
4 months ago
dear ...this analysis now active ?
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rebound saadalielghobar
4 months ago
Good trade => will fall more
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Wave-Trader PRO rebound
4 months ago
@rebound, yup it will.
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Wave-Trader PRO saadalielghobar
4 months ago
@saadalielghobar, yes it is mate.
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mette
4 months ago
hello admin
thank you for great analysis. 4H shows a down trend do you think good point to start sell 135,900?
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Wave-Trader PRO mette
4 months ago
@mette, sell on impulse on lower time frame.
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mette Wave-Trader
4 months ago
@Wave-Trader, thank you for answer master,
Do you mean I have to watch for a quick impulse(1hour or 30 min.) then sell action?
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Wave-Trader PRO mette
4 months ago
@mette, may i see your chart mate
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mette Wave-Trader
4 months ago
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mette mette
4 months ago
@mette, sorry dont know how to snap full screen
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Wave-Trader PRO mette
4 months ago
@mette, no worry mate watch impulse on 4 hrs time frame.
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mette Wave-Trader
4 months ago
@Wave-Trader, Hello mate,
I have entered at 135,423 it is near structure is this a bull trap or what is your suggestion?
What about SL around 136,950?
Thank you!
+1 Reply
Subjugal mette
4 months ago
@mette, I dont think, it´s a bull trap. But I think, it might fall not below 134.
To me it looks like a revearsal, that should retrace and than go up.
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Subjugal Subjugal
4 months ago
@Subjugal, Sorry. I meant, it might fall not below 133.
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dannydegrote
4 months ago
this pair give me stress :)
hitting this yellow line for days now.
+3 Reply
Subjugal dannydegrote
4 months ago
@dannydegrote, I think, it hits the line again and again because of big players hunting for stops. And maybe trying to get some more traders into bull trap.
It gives me stress too. Hopefully soon it will retrace :-)
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dannydegrote Subjugal
4 months ago
@Subjugal, i think its because of the usdypy rise 800 pips in 8 days!
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Subjugal dannydegrote
4 months ago
@dannydegrote, Agree. But it also seems like retracement of GBP to me. USD looks to me more bullish than GBP.
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nick007
4 months ago
nice setup sir.... thank you for update
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senejani.ali PRO
4 months ago
Thank you for the post mate. It looks like we are having a ascending broadening wedge pattern forming on H1 and we may expect a move to the downside soon.
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inkwell
4 months ago
Thank you Sir, it is running now!
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Mela1
4 months ago
Hello Sir,

next step?
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Guillermo87
4 months ago
everyone should get ready to take shower in this waterfall !!
+2 Reply
dannydegrote
4 months ago
i don't know, wait a little bit longer ore not
-300 pips now!
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Wave-Trader PRO dannydegrote
4 months ago
@dannydegrote, be patient mate trading does not mean you get into the market and market should start to move into your direction right at the way.
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dannydegrote Wave-Trader
4 months ago
@Wave-Trader, i know mate, little bit scary due the strong dollar an weak yen
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mrhimsly Wave-Trader
4 months ago
@Wave-Trader, So that's mean GBP will down soon right?
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mrhimsly dannydegrote
4 months ago
@dannydegrote, 4 digit broker? That's mean 3000 pips, be patient mate the stream will change soon.
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dannydegrote mrhimsly
4 months ago
@mrhimsly, -600 now
+1 Reply
mrhimsly dannydegrote
4 months ago
@dannydegrote, Yes, for some reasons GBP is spike today and volume balance of GBPJPY is rather to move up. It's different with GBPUSD.
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Wave-Trader PRO dannydegrote
4 months ago
@dannydegrote, sir it can go more than that ya because pattern completes there around 1.40500 even further beyond that.
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OAKS PRO
4 months ago
I agree with you for the trend identification with this pair, just one question mate: how do you put the trend resistance line.... because price may meet this line a little higher as charts shows below

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OAKS PRO
4 months ago
OK, this should be a bit clear, still about the trend resistance line mate. can you explain it ?
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MarcusOishi
4 months ago
i must say thank you very much..! i learn a lot from your chart / idea..!
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tkarthi1
4 months ago
It has broken to the up side. Could you please update your view
+1 Reply
I guess we have to wait now to see how it will correct after this break up.
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I hasn't broken the top of the previous wave up, so might be a start of the fall, lets see..
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mrhimsly ukrapidexchange
4 months ago
@ukrapidexchange, Its not good, counter is danger better to wait.
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ukrapidexchange PRO mrhimsly
4 months ago
@mrhimsly, of course, I am never in the trade without a proper setup
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denjes12
4 months ago
It breaks the trend line up! maybe change in the structure?
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dannydegrote
4 months ago
usdjpy is in reversal zone
i have my fingers crossed
+1 Reply
Awon
4 months ago
Nice sharing, I am paying my attention on this pair
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Guillermo87
4 months ago
snapshot
may be im new
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Wave-Trader PRO Guillermo87
4 months ago
@Guillermo87, no no it alright mate
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Guillermo87 Wave-Trader
3 months ago
@Wave-Trader, my first idea its looking good ,ive been learning from you alot !thank you
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hash
3 months ago
any update on this? as it has made new structure.
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Wave-Trader PRO hash
3 months ago
@hash, Bigger wave gonna come to the downside mate.
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hash Wave-Trader
3 months ago
@Wave-Trader, Thanks sir.
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Wave-Trader PRO hash
3 months ago
@hash, my pleasure mate good luck.
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StanLeee PRO
3 months ago
snapshot

Tested 0.618 - Nice entry price!
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Wave-Trader PRO StanLeee
3 months ago
@StanLeee, there was flag which was broken to the upside ya and it can further push up and may form new high so careful mate
+1 Reply
StanLeee PRO Wave-Trader
3 months ago
@Wave-Trader, Thanks for caring, Sir!
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mette
3 months ago
Hopefully it will go down but this trade had been hit "SL" several times according to your charts. Furthermore it has still chance to move uptrend.
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tkarthi1
3 months ago
Thanks bro for the update
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mette
3 months ago
snapshot
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denjes12 mette
3 months ago
@mette, It broke the daily trend line and is no more valid to go short i goes
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