Over 120pips fetched in my last publication (see link below for reference purposes) as another trading opportunity arises. The British Pound surrendered much of its Thursday gain on Friday to close the week below 141.000. despite this retraction, the possibility of a rally is still paramount as I have found two windows on the chart for buying opportunity. ...
With over 500pips in our direction since my last publication on this pair (see link below for reference purposes); the GBP/JPY pair broke out of my Key level @ 139.500 on Thursday only for price to Breakdown this level to make an intraday dip to the 139.35 region on Friday which also coincides with Breakdown of trendline insinuating a temporary Downtrend in the...
I'm looking for GJ to switch momentum to the downside.
After hitting a Double Bottom in June 2020, The Pound began to build a Reversal structure this month (July 2020) as it Breakout of the neckline (134.000 level) last week. Tendency: Temporary Uptrend ( Bullish ) Structure: Double Bottom | Support & Resistance Observation: i. Our Double bottom describes a change in trend which emphasizes a momentum reversal from...
Yes price goes up. it has broken the trend line and retested it and broke the resistance and retested it as support. price will hit 0.5 fibo level soon and then keep the momentum. Note: Trade at your own risk.
Pattern: Parabolic rise on 1D. Signal: Bearish as it is approaching a Symmetrical Resistance level (rejected the price 8 times since 2016) with the RSI on 3 year highs. Target: 137.000 (Symmetrical Support). *Such long term symmetries are useful and quite accurate. I have successfully implemented this approach on my last GBPJPY buy signal:
Yes it is. W Pattern formed, Overbought situation, Fibo 0.618 as resistance. Note: Trade at your own risk. We are providing free forex signals. You can join clicking below telegram link or comment your telegram username we will add you there. Join with us for free signals Telegram - t.me Facebook - www.facebook.com Twitter - twitter.com Website -...
Pattern: 4H Channel Up. Signal: Bullish once a pull back takes place towards the 1D MA50 in the same fashion as Jan/ Feb 2019. Target: 138.000 (expected contact with the 1D MA200).
Signal ID: 64630 Time Issued: Thursday, 28 March 2019 17:44:15 GMT Status: open Entry: 143.968 - 144.836 Limit: 142.865 Stop Loss: 145.399 The Breakout Opportunities system has just sold GBPJPY at 144.284. The system recommends entering this trade at any price between 143.968 and 144.836. The signal was issued because the GBPJPY has broken its 24-hour low while...
Pattern: Resistance Support. Signal: Bullish if 145.500 breaks or if the 143.770 1D Support is tested again. Target: 146.500 4H Resistance.
There is indecision on GBPJPY so watch out for breakout very soon
Pattern: 4H Channel Down. Signal: Bearish if the pattern breaks downwards like in the previous sequence. Target: 145.400 (where it meets the Higher Low support of 1D).
Pattern: Channel Up on 1D approaching 1W Resistance. Signal: Bearish on the 1W Resistance. Target: 144.000 (1D Support).
#GBPJPY, GBPJPY, Price testing the high with low volume. gbp increased 5k short by last week but move upside due to brexit negotiations. now high probability to move downside