GBPJPY broke the weekly trendline month ago, and it was forming an up trend for a month now it's ready to go up so be careful with the position sizes you use and BUY gbpjpy. ENJOY!
In past month it was about to go Bullish for a very long trend but after the Reversal it kept forming a new BEARISH trend while buyers are still Bullish that's why it was so confusing but now the DOWN TREND is clear and it's going to breakout that small down trend CHANNEL and reach to those levels downward in the coming months.
We should be careful as the Pair is still forming a breakout, I think till next week we will have a bullish breakout.
Remember risk management before buying. In recent months It was still in a formation for BULLISH and now the formation is completed it is super bullish for at least 2 weeks non-stop.
Since Feb 2023 it's up trending but we are expecting a reversal soon.
Enter the market you can hold it too for the whole week maximum.
Been waiting weeks for this pair to start trending upward and now it's ready to go LONG for the entire month of JULY.
This pair will big trending downward after this setup since the Monthly timeframe is indicating change of the market's direction.
This pair was ready to take off to bullish but it went short and now it's taking off again getting ready to go LONG with a strong trend..
I was holding this pair for almost 4 week and next week will be the last for it to hit TP
I remember I did analysis about this year on January and I was too early but the setup was correct, I finally hit my Take Profit target and I'm going to hit another one on another pair (USDCAD).
This is known as Swing Trading. This pair GBPNZD just hit TP
Due to my TREND ANALYSIS, the pair is showing a strong indication of buying for the whole month.
This is TREND trading and we see the pair is trending upward for the whole month.
When you observe how the world is changing and this CANZUK formation is still in process just think about 2030 how powerful CANZUK would be? :-)
This is WEEKLY CHART analysis so it's going to take long but very ACCURATE due to BIG BANKS will move the market.
The analysis of this pair was done on April and now June it's showing results.
AUDNZD was in the formation making and now looks pretty ready for BULLISH MOVE