Hi Fellow Traders,
GBPJPY on the path up. Target Approx between 350 - 550 pips from time of call.
Please see below two related links for the:
1) corrective move down before expansion upwards.
2) Higher Time Frame Overview.
Going to have a good nights rest - remember that your trading journey is just as much your own journey of self development and growth. You must overcome many obstacles within yourself and rise to become your most optimal self so that it all reflects in everything you do in life and in trading.
Getting adequate and restful sleep is paramount to optimal results. Results will be quality over quantity. Sometimes you won't realise how sleep deprived you actually are and how it's affecting so many variables on a subtle level. And then there's other times when you absolutely can feel it. Be your best self by sleeping well. Even just our perspective of the chart can totally change based upon your sleep levels.
Please LIKE this chart idea and FOLLOW me through my profile for support and more analysis! :D
Best of luck to you all.
Good night :)
GBPJPY on the path up. Target Approx between 350 - 550 pips from time of call.
Please see below two related links for the:
1) corrective move down before expansion upwards.
2) Higher Time Frame Overview.
Going to have a good nights rest - remember that your trading journey is just as much your own journey of self development and growth. You must overcome many obstacles within yourself and rise to become your most optimal self so that it all reflects in everything you do in life and in trading.
Getting adequate and restful sleep is paramount to optimal results. Results will be quality over quantity. Sometimes you won't realise how sleep deprived you actually are and how it's affecting so many variables on a subtle level. And then there's other times when you absolutely can feel it. Be your best self by sleeping well. Even just our perspective of the chart can totally change based upon your sleep levels.
Please LIKE this chart idea and FOLLOW me through my profile for support and more analysis! :D
Best of luck to you all.
Good night :)
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Update overnight and 15 minute time frame:
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1 hour: Looks good for a continued bull. Not many bears dominated throughout this bullish leg up.
move
move
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There are some downward pressure from the bears, as indicated by those wicks at the top of the candles. Which also suggests that there are bears in the market with their stops place above those wicks. If the bulls take control in the next few candles and take the market up, they will take out those stops and therefore those bears switch over to bull by closing or buying back their shorts, hence we will see some bigger upwards moves/spikes/larger bull candles incoming.
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Looking for a possible continuation up from here.
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Looking at the higher time frame, it appears we are creating a pullback to establish another point on the channel, which we will use going into the future. fo
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Just trying to see where this pullback ends to plot that lower channel line.
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Check out the right hand side mark ups
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Let's see if we'll blast off here
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Each time it tried breaking out, the bears sold it down. Shows there's still strength. But we're still in this reversal zone and still have the potential to reverse.
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Another attempt and might actually break out this time.
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Okay so this is definitely creating a pullback and instead of the tight channel we had before, we are going to have bigger pullbacks as we continue up.
As long as this pullback created a Higher Low, we should see higher prices.
As long as this pullback created a Higher Low, we should see higher prices.
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Looking good so far!
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