Still holding my GJ Long. I have just reversed my trade after shorting GJ for +400 pips.
See chart for illustration
GBPJPY H4 FRAME BUY SETUP ELLIOT WAVE WHATS GOING ON WE WILL SEE THAT
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Very bearish price action and pressure 4 HOUR Slowly waving market looking for a direction to break out DAILY Very bearish waving market without any kind of pullbacks or bullish pressure. OVERALL Looking for a...
Hi everyone. Please refer the explanation in the image. I'm seeing a potential (strong) Bearish setup on its way based on the current market structure. Target ENTRY at the Confluence Area. TAYOR and let's see how this goes. HAPPY LABOR DAY! KHALID HAMID
Back tested our major support and resistance zones in the market and it looks like our down trend will end soon. Possibly near this friendly support area. If so, based on fibs theory we are looking at a pretty sweet buy leaving us with 100-120 PIPS of profit. Good luck!
Break of March 5th bar with a push down.
1. Pair GBPJPY has made a strong bullish trend, but not always will this trend persist. The end of this trend is indicated by the formation of a volume divergence on the chart with a yellow line. -------------------------------------------------- -------------------------------------------------- ---- 2. This pair must return first to the Fibonacci level...
GBP JPY, I simple trade. I want to put a clean and simple chart , so I decided to just show the directions! However, If you would like to know and learn how we analyse this pair, Please drop up a comment! At the exact moment this pair looks that will reverse back to 143.604 and then the sellers together will take the price of the pair to South ! However, a...
As you can see in this 4 hour view, market is forming a pennant/falling wedge, this happens to be a breakout to the upside so i expect market to breakout on top. Not mentioned in the video is the fact that market is currently forming a rectangle channel within the pattern formation and this is a sign of breakout soon to occur, highly expect a breakout this...
GBPJPY I've sketched the POSSIBLE retracement area of GBPJPY which it could be doing.