Wave-Trader
Short

GBPJPY This pair is at nice sell place

FX:GBPJPY   British Pound/Japanese Yen
6680 80 103
18 days ago
I am expecting short under trend line. In case price break up then i will look for change in pattern and structure.
16 days ago
Comment: Hi fellows, please be patient here is the update and level which price can test.
snapshot
12 days 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.
12 days ago
Comment: Price still in the structure here is the update clear breakup will change the pattern and structure.
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11 days 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.
11 days ago
Comment:
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10 days 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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8 days ago
Comment:
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4 days ago
Comment:
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Wave-Trader TOP Wave-Expert
18 days ago
@Wave-Expert, Thank you very much for your feedback mate
+1 Reply
Ching2401
18 days ago
Thanks for your webinar, its really help a lot. Looking forward to your next video :)
Its amazing!
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Wave-Trader TOP Ching2401
18 days ago
@Ching2401, Thanks for your feedback mate.
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JoeyycC
18 days ago
NICE CHART!
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Wave-Trader TOP JoeyycC
18 days ago
@JoeyycC, Thank you very much mate.
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fxmoneycontrol Wave-Trader
18 days ago
@Wave-Trader, good chart,news in few mins ,that may to ur technicals to drag down gbpjpy
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Wave-Trader TOP fxmoneycontrol
18 days 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
18 days 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 TOP fxmoneycontrol
18 days 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
18 days ago
Nice chart Sir!!
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Wave-Trader TOP saidev99
18 days ago
@saidev99, thanks you very much DEV
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allangarciaperez
18 days ago
hi, how do you still see the bearish reaction ? below the channnel?
+1 Reply
Wave-Trader TOP allangarciaperez
18 days 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
18 days ago
dangerous move up, hope not break
take this trade for sell
+1 Reply
Wave-Trader TOP dannydegrote
18 days 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
17 days ago
@Wave-Trader,
thanks for your reply mate.
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Wave-Trader TOP dannydegrote
17 days ago
@dannydegrote, My pleasure sir good luck
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Guillermo87
17 days ago
i agree ,good work mate .i got at 135.400 lets hope see the waterfall
+1 Reply
Wave-Trader TOP Guillermo87
17 days 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 TOP FXPRO_TREND_TRADER
17 days ago
@FXPRO_TREND_TRADER, based on structure and based on pattern mate.
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BeFX FXPRO_TREND_TRADER
15 days ago
@FXPRO_TREND_TRADER, Did You see the indicators?
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FXPRO_TREND_TRADER BeFX
15 days ago
@BeFX, which indicator are you referring to?
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saadalielghobar
17 days ago
dear ...this analysis now active ?
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rebound saadalielghobar
17 days ago
Good trade => will fall more
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Wave-Trader TOP rebound
16 days ago
@rebound, yup it will.
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Wave-Trader TOP saadalielghobar
16 days ago
@saadalielghobar, yes it is mate.
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mette PRO
17 days 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 TOP mette
16 days ago
@mette, sell on impulse on lower time frame.
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mette PRO Wave-Trader
16 days 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 TOP mette
16 days ago
@mette, may i see your chart mate
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mette PRO Wave-Trader
16 days ago
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mette PRO mette
16 days ago
@mette, sorry dont know how to snap full screen
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Wave-Trader TOP mette
16 days ago
@mette, no worry mate watch impulse on 4 hrs time frame.
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mette PRO Wave-Trader
16 days 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
16 days 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
16 days ago
@Subjugal, Sorry. I meant, it might fall not below 133.
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dannydegrote
16 days ago
this pair give me stress :)
hitting this yellow line for days now.
+3 Reply
Subjugal dannydegrote
16 days 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
16 days ago
@Subjugal, i think its because of the usdypy rise 800 pips in 8 days!
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Subjugal dannydegrote
16 days 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
15 days ago
nice setup sir.... thank you for update
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senejani.ali
15 days 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
15 days ago
Thank you Sir, it is running now!
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Mela1
15 days ago
Hello Sir,

next step?
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Guillermo87
15 days ago
everyone should get ready to take shower in this waterfall !!
+2 Reply
dannydegrote
12 days ago
i don't know, wait a little bit longer ore not
-300 pips now!
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Wave-Trader TOP dannydegrote
12 days 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
12 days ago
@Wave-Trader, i know mate, little bit scary due the strong dollar an weak yen
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mrhimsly Wave-Trader
12 days ago
@Wave-Trader, So that's mean GBP will down soon right?
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mrhimsly dannydegrote
12 days ago
@dannydegrote, 4 digit broker? That's mean 3000 pips, be patient mate the stream will change soon.
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dannydegrote mrhimsly
12 days ago
@mrhimsly, -600 now
+1 Reply
mrhimsly dannydegrote
12 days 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 TOP dannydegrote
12 days 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
12 days 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
12 days ago
OK, this should be a bit clear, still about the trend resistance line mate. can you explain it ?
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MarcusOishi
12 days ago
i must say thank you very much..! i learn a lot from your chart / idea..!
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tkarthi1
12 days 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
12 days ago
@ukrapidexchange, Its not good, counter is danger better to wait.
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ukrapidexchange PRO mrhimsly
12 days ago
@mrhimsly, of course, I am never in the trade without a proper setup
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denjes12
12 days ago
It breaks the trend line up! maybe change in the structure?
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dannydegrote
10 days ago
usdjpy is in reversal zone
i have my fingers crossed
+1 Reply
Awon
9 days ago
Nice sharing, I am paying my attention on this pair
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Guillermo87
8 days ago
snapshot
may be im new
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Wave-Trader TOP Guillermo87
8 days ago
@Guillermo87, no no it alright mate
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Guillermo87 Wave-Trader
2 days ago
@Wave-Trader, my first idea its looking good ,ive been learning from you alot !thank you
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hash
4 days ago
any update on this? as it has made new structure.
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Wave-Trader TOP hash
4 days ago
@hash, Bigger wave gonna come to the downside mate.
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hash Wave-Trader
4 days ago
@Wave-Trader, Thanks sir.
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Wave-Trader TOP hash
4 days ago
@hash, my pleasure mate good luck.
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StanLeee PRO
4 days ago
snapshot

Tested 0.618 - Nice entry price!
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Wave-Trader TOP StanLeee
4 days 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
4 days ago
@Wave-Trader, Thanks for caring, Sir!
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mette PRO
4 days 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
4 days ago
Thanks bro for the update
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mette PRO
4 days ago
snapshot
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denjes12 mette
4 days ago
@mette, It broke the daily trend line and is no more valid to go short i goes
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