Couple of trades for this afternoon. Using the wavesofsuccess wave count methods. Enjoy!
My dear subscribers , I analysed this chart on GBP/JPY, and concluded the following: The market is trading on 163.162 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 165.011 Safe Stop Loss - 162.018 About Used...
✅ GBP JPY has reached the resistance area. The chart has broken the upward structure. The price will start to decline. ✅ 🚀 SELL scenario: short to the support area. 🚀 ---------------------------------------------------------------------------- Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments
By analyzing the GBP/JPY symbol, we can see that the price faced selling pressure last day by attacking the liquidity pool above 166 and has managed to fall to 163.6 so far, the probability of continuing to fall to lower levels is high andThe first possible target of this drop will be 162 and the second possible target is 158.5! From the higher and important...
Hello,Friends! GBP/JPY is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of...
Wait for pullback to blue box and sell this pair and take profits at 200 and 276 fib levels purple box on bottom How 🤔 ever if price breaks thru the blue box wait for pullback to blue box and buy back to where price last sold
Updated idea of GJ, the market has gone down and tested. We are now on the way up and we can keep shooting further up. All we waiting for is the break of channel, retest and then we enter once again.
Will GBPJPY break the channel or will it start to move down.
The GBP/JPY pair is poised to experience further weakness below 164.00, despite a promising UK economic outlook. The sentiment among UK businesses has improved as political instability and inflationary pressures appear to be easing. However, any positive impact on Japan's inflation caused by external factors could cause problems for BoJ policymakers. The GBP/JPY...
After a clean rejection on the High we will have a ver good momentum to the down side. My MA shows me 161.800 in a longer run. If you are going also into a short take care of your Risk and never buy red candles wait for a small pullback.
follow risk management properly, please. many reasons here I can buy now
Buy Stop Entry: 164.872 TP: 165.372 SL: 164.372 Sell Stop Entry: 163.766 TP: 163.266 SL: 164.266
After some fluctuation in the current range, the continuation of the upward trend is expected If the price crosses the support range, the downward trend will continue
buy and sell zone for GJ today looks good compared to last few days.
Yesterdays analysis played out as expected! Any comment or doubts txt me! Thanks for everything
looking for a push below here, stops are tight as we aren't in a strong short entry position but i am confident daily will close bearish tomorrow by 4pm
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Breakout the Lower Trend Line and Completed the Retracement Impulse Correction Impulse Divergence Rejection from Fibonacci Level - 78.60% Break of Structure Completed " 1234 " Impulsive Wave