It might rest and profit take around the 200MA, but it can't make new highs the past weeks, so I trust this one to fall over the next month. I have a large SL and will hold this for a long time. Currently it's at a good entry point, for anyone that might believe the short idea. Keep an eye on the event schedule, for any indications people might go out at around 200MA.
Hey guys, i want to wish you a nice weekend by offering you these two harmonic patterns (one is almost complete) on GBPJPY. Stops below X, targets at 382 and 618 retracement of AD leg. Good trading! If you want to ask questions, feel free to write them below. Otherwise, see you in the next chart!
HEAD AND SHOULDER FORMATION WAITING FOR TRENDLINE BREAKOUT TO GO SHORT ALSO GBPJPY THIS DAYS IS BEARISH PAIR SO THIS IS A GOOD OPPORTUNITY TO EARN 100 PIPS !
Hi,traders,I hold a point:Good charts does not more words to explain! Good luck
GBPJPY Touch Trendline And MA BREAKOUT Nextime Now Rebound up for Going Down... Lets Go GBPJPY Down...
Hi,traders,I hold a point:Good charts does not more words to explain! Good luck
The chart is self explanatory ...
Longing based on : - Broken trendline - Trendline retested several times - Flag in the making - buying pressure
Evening guys British Pound sustains drop as May comments on fears for coming Brexit... (138.831-139.090) which may activate some rebound correction Below (1.2080) on cable will indicate further downside on all sterling pairs will be expected toward (1.2000) zone with the gates then opening for (1.10 and 1.00). GL and please remember to like and comment your...
The 50 EMA (red) on 4h seems to be acting as a nice support which has created multiple different support trend lines coming off of many different areas on the chart. A 4h close above 141.50-60 could indicate the start to a 100-150 pip bullish move. If you look at momentum the highest high it made was November 10th 2016, ever since then it has created lower highs....
Hi guys, the GBPJPY is trying to push higher but can't seem to get above resistance (yet). I will buy after a confirmed break above resistance (I'll use a 15 min candle above to confirm), then wait for a pullback near former resistance/new support. Option B: If up trending support fails I will open a short position (I'll use a 15 min candle below to confirm),...
Of all GBP pairs that went up simultaneously after 'May spoke about hard-brexit, GBPJPY was one of the few that did NOT touch the 10EMA on the way up. That is curious, because most GBP did. That is a good indicator that GBPJPY short is strong. All three trend lines is on their way to make a major cross. It's worth keeping an eye on this one the for the week. To be...
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron