GBPJPY Buy Green/Sell Red Breakout - Simple and Easy
GBPJPY Two ways, Two breakouts to watch. Buy blue line, Sell Purple...
The price finding support area at 139.50. Bullish as long as support area remains intact. As intraday trading strategy. we must get bullish signal confirmed by trading above 140.50 with potential target at 144.30- 145.70.
am getting obsessed with this pair. what we have here is a broken trend line on daily time frame. the trendline was tested in a trade we took earlier in this pair : since it failed to break the line, am expecting a down movement from now on till 147. considering brexit is on its way, I think this only makes my statement stronger.
GBP pairs are very volatile due to Brexit, so be careful. great ratio, best of luck !
We have a broken trend line on a very unstable pair, considering brexit and all. Don't risk too much on this pair as GBP acts really randomly, but with all that being said, this trade has a great ratio and we have already pulled back and am expecting upward movements to 157-158.
Price may continue in downtrend to 160.907, if it breaks 160.621 then it'spossible for the price to down to the S&R level of 160.402. If so then look for price to retrace from 160.402 going in an uptrend and retest around 161.375 and retrace, look for a possible breakout "Long"
I think it will go up for a while, Fibo clustering at 50% = 158 Be sure that RR is good for you.
Amazing Finally it can break the resistant of daily chart. But, i still no order, BOJ is still important My plan,: No follow, still waiting.
MY Idea BOJ Affects to move down a lot. I think it is going to 4th Wave (or A) I stil waiting for signal to trade. It is too risk to trade now.
Yesterday it is a sideway bar by bar. Hard to play with it. I stop loss for 2-3 times. I think this week has many news and decide to no trade until BOJ declared. Trade with carefully.
MY PLAN Finally, the market reviewed itself that end of 5th wave. It will becomes corrective stat. 1. A- It is the 1st wave or, 2. A ending and become B. Please do not trade this state. In my view, i think it is end of A and going up to make B. Lock profit a short time. Cheers!
TRADING PLAN Yesterday, i am busy after Finish short closed, so do not play the LONG. :( Remind that it is still uptrend in 4H, so we play for a retrace (corrective). 1.If it is a wave 2 in 4H, i think it is in the ABC Corrective and in the C state already Plan Play impulse of C (12345) and TP around 156 2.If it is the A, same TP too. : ) Cheers
Tf day. Uptrend Tf 4H. Uptrend Tf 1H. Uptrend It is in the 3rd wave and will go up more. Please watch for thr entrance.
MY PLAN: Now the market is reveal that it is confirm that the uptrend and strong uptrend! We focus on the 3th extend wave. Fibo = 161.8 = 158 around that.
MY Trade Today: Last night, i trade and entry SELL around 154.710 but it's not end the B-Wave So i SELL more at the Top for bet around Fibo 61.8-78.6. Now it go down and break TL, so confirm that B-Wave end and going to C-wave with impulse 1-2-3-4-5 I add SELL entry on the Top of long - green candle stick. (open with the chart TF1min and i hedge with BUY and got...
Hello, guys Here is my trading plan today Waiting this candle stick for confirm downtrend IF it is end of wave B, it will go to wave C (1-2-3-4-5) Waiting for Wave 3 of C (easy trade) IF still go up it can go to 61.8 and 78.6 Trade carefully , I bet first around this price (Fibo=50%)