GBPJPY Buy as much low as you can.

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ポンド／円 (FX:GBPJPY)

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FX:GBPJPY ポンド／円

Hi fellows, i am anticipating breakout of this triangle very soon. Buy on lows so that you can manage your risk reward. Buying the breakout is not a good idea because price already have made many attempts to breakout but unable to break so it can fall back again and you may get trapped once price will clearly breakout this triangle you will see the strong big candle and You may miss the couple of pips and even will not be able to manage your risk if you are looking for breakout so try to buy on lows so that you can give more room to your trade and even can earn more pips. Good Luck fellows.

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Attempting to break out but struggling again like the previous attempts which means it is extending its ranges again so those who are looking to buy the breakout care full fellows.

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The wave i am anticipating this pair here is the example of that fellows and have a great week and enjoy yourself.

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so finally breakout was not there fellows as i was anticipating. Price is falling as i was anticipating that price gonna test the bottom again now get ready for the long at bottom lets wait for the price to hit the bottom first and then look for buy so that you can manage your risk reward. New low is possible so be patient. Watching for breakouts in bigger trend continuation patterns will often give you losing trades so be careful on these kind of trade setups. Good Luck.

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So breakout was not there for breakout traders. Watch the price action at the bottom for early entry so that you can manage your risk reward ratio here is the up date fellows.

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So we are holding bottom. Good Luck fellows.

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watch price action under trend line if price do not break than take off and get ready for the price to come again at the bottom and look for buy for longer term so short term trade was with in the triangle if it holds the upper trend line. here is the update.