PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
entry price : 146.350 Take profit 1 : 145.100 Take profit 2 : 143.200 Take profit 3: 140.220 Stop loss : 147.100 (suggest to use trailing stop) -------------------------------------------------------------- Don't forget Asset management / and please trade at your own risk and this chart is as my opinion about GBP/JPY THANK YOU REGARDS Abolfazl Abedi
Analysis still the same as earlier but TEFA got validated by breaking the 50 EMA with a shift candle. Trade immediately went into profit, no drawdown :) SL 25 pips TP 35 pips
PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
hi , chart is clear but we says everything good luck
On the daily there are some interesting things happening; What counts against the trade is the EMA50 was broken with a serious bull candle but the 0.618 Fib level is being respected. Pro's There is a clear up channel break and it is text book trading on the Weekly candles. Set SL at 147.500 and there is a lot of protection; 2 Major Fib levels and the down...
Gbjpy sell setup with pin bar on fibo at 0.50% level SL TP mention in chart
dO'NT MISS THE SHORT AFTER BREAKING THE SWING LOW BEST OF LUCK :)
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EXPECTING GBPJPY TO MOVE TO THE DOWNSIDE . IT BOUNCED YESTERDAY OF THE 50 PERCENT FIB LEVEL EXPECTING IT TO FAL FOR A TOUCH OF THAT FALLING WEDGE
The M30 chart of GBP/JPY is in the formation of full Elliot wave pattern Currently It is in process of making the corrective wave waiting for the c wave formation long now with the expected target of 148.160 value
ON THE WEEKLY PRICE JUST BROKE OUT OF THE RISING WEDGE AND IS CURRENTLY DOING A PULL BACK FOR A BEARISH MOVEMENT TO THE 125 LEVEL. ON THE DAILY CHART, PRICE IS IN A TEXTBOOK DESCENDING TRIANGLE ON THE 4HR CHART, THERE IS AN INTERSECTION OF THE RESISTANCE AND A TRENDLINE AT THE 150 LEVEL, i AM HOPING PRICE WILL GET TO THAT LEVEL AND THEN TURN BACK WARDS. I...
Technical Analysis The April Trend Line continues to be respected indicating the bears are still in control, with a potential breakout looming in the following days. To change my Mid-Term outlook to Bullish id be looking for GBPJPY to close above 149.9 level Fundamental Analysis This week Brexit is front and centre for Sterling with the European Council set...
Gbpjpy - This pair has fallen into a strong downtrend since last month especially the monthly and weekly candlestick closures, expecting another 500 pips swing down for this pair moving forward.
Chart shows everything you need to know. If you have any question just comment.