Bearish wave has lost momentum

18 de ago. de 2016

I am expecting bullish breakout on GBPJPY. It seems to me that bearish wave has lost momentum and forming a bearish flag against the bullish impulse. In case price break down the recent lows then it will invalidate the idea.

29 de ago. de 2016

Nota

Bullish momentum is not strong enough break down is possible sell on sharp break

1 de set. de 2016

Nota

We approaching to the ideal sell place

5 de set. de 2016

Nota

So far price is moving according to my prediction. I am expecting ABCDE triangle. once price hit my D wave then i will look for E wave. In case price breaks up then i will look for Flat ABC. Here is the update.

22 de set. de 2016

Nota

1 de nov. de 2016

Nota

I am still bearish on this pair.