As my previous prediction run as welll. To continue the chart on this week. GJ create liltle correction still try reach the resistance.
the price will reject the monthly downtrend and the resistance area in the weekly time frame
Please check the chart for the trade breakdown and do comment your views on it.
We are expecting a small push down next week on this pair as part of correction and make sure once you are in keep moving stops it could potentially be pull back for more up so taking profits at small intervals would be wise. Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced...
GBP/JPY A roof? What do we have here? on GBP/JPY all we see is a confirmation for a sell to 131.372 We might see a pull back to 135.576 Resistance levels: 135.576, 138.27 Support levels: 133.372, 131.168, 129.341 Let's watch... #JustTradeFxOnline Thanks for your love and support. Don’t forget to like and comment for more.
We are expecting a move down in GBPJPY to complete correction and then we'll see how the structure unfolds.For now expect a move down next week before any buys. Sell will give us better risk to reward when it's ready. Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns,...
A buy for wave 5 or wave (iii) of (v). Invalidation level is around134.000 with a target of 136.00 and above