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British Pound / Japanese Yen
Short

GBPJPY Watch for impulse no early selling

By Wave-Trader
Updated
Hi fellows. I am anticipating price action on the top. In case we dont see any price action for reversal than price is going to break and may test the 1.27 extension of previous impulse. Watch for impulse before any selling. Previous impulse still in force. Good Luck fellows.
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Watch price action at the top. It is getting interesting keep eyes on it fellows.
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Nice price action on lower time frame fellows. Watch for TCP on lower time frame outside the Channel.
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Watch for TCP fellows. snapshot
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Dropping very nicely.
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If price do not continue than watch top again for sell. snapshot
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Watch it on the top, It is testing the top again. snapshot
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Watch another TCP
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snapshot
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Hi fellows, So far this pair is doing an excellent work, Here we got the TCP. Now try to look for sell as much high as possible before the breakout. You can sell the breakout as well but i will suggest to look for entry before the breakout so that you can manage your risk. snapshot
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We are still in TCP formation fellows.
GBPJPY Sell from top
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So far an excellent job by GBPJPY. Here is the update fellows watch the same pattern again. snapshot
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snapshot
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GBPJPY Watch breakdown,

snapshot
Elliott Wave
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