TraderXR

TraderXR

GBPJPY has been on a roll for a while now. If we look at the 4H timeframe, i believe we can expect a short retracement. From there, I will look at the RSI to decide again when to enter the market. I will also be watching out for other macro news to see how it may affect this ccy pair. Stay tune for more

TraderXR

Looks like a descending triangle. Will not enter the market at the moment but to continue observing to see where does the price closes next on the 4H timeframe

TraderXR

Possible move, don't you think?

TraderXR

Currently ccy pair is moving out of the channel however, I feel there is likely to be a retracement back down. What I will do now is to wait for the px to go below ~1.39503 before gg short.

TraderXR

SUNS CAPITAL is a private equity firm. Based solely on the technicals, I will wait for it to decline till it's support before going long. Based on RSI, it seems to be declining. Will wait for a reversal before going long. Based on the fundamental analysis, I guess its still pretty average (yet to compare against industry average).

TraderXR

Expected bearish movement

TraderXR

The ccy pair is reaching a strong support, let's see if it retraces back up or breaks the support before making a decision on future direction

TraderXR

It seems like the ccy pair failed to break out of the channel previously and now has bounced off a very strong support level which used to be the highs back in 2016. I am expecting a continued uptrend for this currency pair. However, I will wait for the price to cross the .619 fib retracement level before going long

TraderXR

ccy pair is currently trading at a strong support, am expecting a huge push uptrend next. What do you think? To decide when to enter the market, I will wait for a strong signal on the 30M/1H timeframe when the price crosses 1845.86

TraderXR

Price is nearly reaching a very strong resistance. Hence plan for now is to wait for markets to open and see which direction does this ccy pair goes on the 1H timeframe before making a decision.

TraderXR

Am expecting this ccy pair to continue to descend to a very strong support (3-4 years support) before rising again.

TraderXR

This ccy pair is on the strong resistance. Will wait for further confirmation on the one hour timeframe to decide an action.

TraderXR

Based on the previous trends, it has always been a false breakout of the channel's resistance. What I will do now is to wait for the price is retrace back to the channel's resistance to check if it holds/if the breakout is true. If false, then to go short and aim for the strong support

TraderXR

If we look at the daily timeframe, we can observe that the price has broken the channel resistance with a strong bullish candle. What I will do now is wait for a retracement back to the previous channel resistance to see if it holds. If it does, then i will go long again

TraderXR

possible downtrend for now but am expecting ccy pair to rise in the long term. Will probably wait till a clear reversal sign (probably hit the .619 fib retracement or even the uptrend support) then go long

TraderXR

Currently at an indecision point, will wait for price to hit ceiling or floor to decide next move.

TraderXR

ccy pair is reaching a daily resistance, possible retracement. But now is not a good time to enter the market. Will wait for future indicators

TraderXR

Possible long position. Will go long if 1H candlestick closes above 0.65781