DOUBLE TOP ON 1H TIMEFRAME WILL TAKE PRICE TO DOWN WAITING FOR CONFIRMATION
Pair: GBPJPY Prediction: Long / Buy
Expecting upside movement as per price action looking upside. ThankYoU
GBPJPY: LONG, refer to the chart for potential TP and SL. NOTE: Make sure to do your own private analysis and trade based on your own rules. This post is just to share my idea...
Current UT Trans, Dtop confirmed 1hr
GBPJPY fundamentally driven ATM in addition to 135 key level & structure marked
watch this analysis to know all the technical aspects why GBPJPY will soon be going down do like and follow and tell us in comment section if you want analysis on more different pairs
Nice Confluence Area 1. Resistance area/ retest of broken support 2. Price is between 50-61.8 retracement from last drop (High PRZ) 3. Trendline 4. At 32% Retrace for full drop low is 132.422 at the moment (sell that started at 139.75)
Taken a long position on GBP/JPY. Price touched weekly demand area 130.750 and rebounded from it with some bullish candles on H1 . Bear are losing power on MACD indicator H4,H1,M30 Quick intra-day trade, STOP LOSS beyond weekly level and under the last wick .
GBPJPY- we have a 3 trendline touch that gives us a opportiunity to go in sell... For more contact me in: instagram.com/merchantsfx
Bear Flag Trend Continuation pattern , looking for the drop in downside. I am Expecting a drop in downside. Thankyou
Ascending Chanel and Double Top Pattern , Both are reversal pattern , i am expecting Downside Move. JPY Going to be Strong that by the Reason All xxxJPY Pairs Looking For Sell. Good Luck
Looking for More drop in downside. Let see How Performe.
Structure Looking For Sell setup for downside. Rising Wedge and Duble Top Patterns Both are Reversal Pattern. Good Luck
GBPJPY Looking in downtrend for SEll , Let see how performe .