Expect to slightly up move (one or 2 days) but major trend is Down side. When Daily candle close below 151.500 my trade will active. Tp - 143.500
SUMMARY: The secondary trend of GBP/JPY is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining above 50 day SMA and is taking support of 200 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 164.10 and support at the level of 158.40. If it breaks...
2618 Trade With Cypher & Bat Completion at same Price Sell GBPJP Guyz same situation just like gbpjpy both trade sell with double confirmation
We have had out x to A leg and A to B leg form. looking for a buy in and around the 157.052 level, looking back this was a level of support all teh way back in Nov 2013 and price rose from this level which bodes well for a potential rise and completion of the C to D leg. Point D would bring us back in line with some more recent level of support that was broken,...
After getting the .382 retrace thanks to the BOJ news, it looks as if GBPJPY has a lot further to go. We're entering major bear territory for this pair. Projected target 1 at 156.75 level (1.272 extension). Projected target 2 at 148.00 levels (1.618 extension)
GBPJPY has recently seen a huge drop off in previous days. It is developing Bullish divergence and appears to create a short-term LONG opportunity.
Hello Traders! As we promised for some Traders, there is the GBPJPY daily detailed forecast by the EWA/EWP analysis! Excuse us for the long wait. By popular demand, we present you, 3 additional video-forecasts within GBPJPY currency pair. GBPJPY - FORECAST! (1-st variant) - youtu.be GBPJPY - FORECAST! (2-nd variant) - youtu.be GBPJPY - FORECAST! (3-d...
Hello guys, This is my second analysis. So don't judge me. It is simply an Idea. As you can see in the chart, there is a beautiful flag formation. However, it is a crucial moment. Will the price break and go down and hit the possible flag formation target which is around 179.100 - 179.000 or the Support area will hold and send the price up again? I honestly...
March 15th 2015 - Possible Short term Long Opportunity Basis for going long GBP/JPY 1. Trend Line Support 2. Bullish Hidden Divergence (Price made a higher low but Stochastic made a lower low) Profit Targets: TP1 @ 180.40 TP2 @ 181.10 TP3 @ 181.75 Stop Loss: 178
I'VE LABELED THIS CHART A, B, AND C, SO THAT MY EXPLANATION OF EACH WILL BE CLEAR. THIS CHART ANALYSIS IS BASED ON FIB RATIO (PHI) ELLIOTT WAVE ANALYSIS, RATION SEQUENCING AND CONFLUENCE, I'VE DISREGARDED SUPPORT AND RESISTANCE, AS IT'S MY BELIEF THAT SUPPORT AND RESISTANCE ARE DEPENDABLE ON RATIO CONFLUENCE. A. THIS FIRST SECTION IS THE LEAST IMPORTANT SECTION...