gbpjpyanalysis

Expecting a break of structure past the 137.900 (previous HH) level to the completion of the bat pattern at 138.600 which is within the 88.60% and 1.618% point of the D zone. From there I will be expecting a minor retracement (50.00% or 61.80%) to TP1 which is point B of the pattern, from there I will be looking for signs of a trend continuation to enter long...

Looking for a rally following the Break of structure on the 4H

Waiting to c how price reacts to my Key levels

Double bottom reversal on top of descending channel breakout. Could we see potential bulls take charge for this pair? As long as this Brexit scare calms down since the downfall of the government to stop a no-deal. This is our new potential range from now on, as this would complete the pattern of a descending channel breakout on a technical standpoint. We are...

Expecting to see some relief from the support level then a possible retest of the lows due to being in a decent downtrend with some strength in RSI

Descending channel on HTF, price broke this supporting trendline looking for further downside movement

FX:GBPJPY the pair is brutal and beside all the good bullish signals, the brexit news can hit hard anytime so trade with caution

Price is currently in consolidation here. Waiting for the next big breakout/ sell off ;)

GBPJPY has hit the monthly bearish target early in the month and so we are expecting to see a nice rally up to the 134.000 level with a potential 500 pips on the table. We have a nice 4 hour bullish engulfing candle so we are waiting for price to pull back into support before looking at long opportunities going into tomorrow. Stops will be below the low and as...

Looks like the only way is down for this pair, stop buying into the bull trap that will never happen. Simple correction play.

After our last analysis with this pair, its time to put the simple corrections aside and focus on what appears to be a descending triangle pattern forming for further downside continuation. After following corrections every time, it appears that price is now losing momentum, however this could lead to a huge breakout for a bearish push down to the wick-end from...

FX:GBPJPY

Simple correction trading within a channel, within a larger channel. That's it, what more do you want?

If you struggle with this come have a chat with us, we can change the way you look at the markets! You have to think outside the box instead of staying in the box the government wants you stuck in! Most people are happy stuck in a low paid job and just about earning enough to SURVIVE and not live.... Work smart not hard. November 2016 is last time price was lower...

We saw this pair break bearish yesterday and break the trend line i have plotted. You can see price broke below that and retraced at support. Price is currently at 50% of that bearish breakout. We MAY see price break lower as divergence is also evident. Having said that, we may see price retest that trend line before a potential bearish move. If price re tests the...

Can you tell us why you think price will bounce at our green zone? post your answers below... winner will win a pink unicorn called Fred... I bet you all want to enter now ;p We keep saying it but SIMPLE is BETTER in forex trading! we will drill it in to your heads sooner or later. Anyway the winner of the competition will have to collect the unicorn from the...

GBPJPY break out of consolidation and rejection shown for potential long.

We just thought we would give you a FREE trade to brighten up your Monday morning ;p Price is at 4H support and GBP is showing slight signs of strengthening so we can see a pullback coming this week, and after weeks of bearish movement the bulls will take over for a while enabling us to catch 100+ pips with ease. Thank us later.