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Wave-Trader
Sep 27, 2017 7:19 PM

GBPJPY Watch breakout on 4hr time frame  Short

British Pound/Japanese YenFXCM

Description

Hi fellows, This pair has a huge potential and high probability trade setup. If you are following me on this pair since a year then you know how this pair is behaving. We have a nice sell opportunity on this pair again. We are having nice Trend Continuation Pattern on 4hr time frame just watch that breakout and look for sell. Your Support courage authors to post ideas so courage authors so that they can post more ideas for community by supporting them with you comments and likes. Thanks.

Comment

So everything is crystal clear on this chart fellows. You just need to watch this 4hr time frame breakout if we see strong breakout then hold your trade for longer term to the downside. I will update the chart once we will see the breakout.

Comment

Keep eyes on this fellows. Interesting day today

Comment

Watch trend line for short again. In case price breakup and close above the trend line then we will look for change in pattern formation but remember it will remain bearish.

Comment

We are in downtrend.
Comments
SamirGhom
Big Move up ? its over ?!
gcplau
Can't agree more...in sync both with the near top reversal, and the latest TCP.
lagatoboba2572
good
goz
Holding shorts on this, thanks for the analysis. Hope you update us on GJ soon! and thanks again
karthigayen7
Next will be the real move down guys..keep an eye
Jorahu
Nice I shorted yesterday above 151 , nice analysis
PowerOfCapital
It's not a good sell signal. I am waiting still.
Jorahu
@watsonzou26, sinal is NICE really, check chart now, its trying to break out...
AlanChinWengLon
Anticipate 144 area there is a hidden demand zone waiting over there. By now , sell is the best option and hold for like one week
NinoGaleotti
Plausibly, it will hit 147.500, encounter support, and bounce back. Not lower.
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