Fxprotrader
Long

GBPJPY Potential Buy Setup (UPDATED)

FX:GBPJPY   British Pound / Japanese Yen
635 7 25
Price has broken above a downtrend, has pulled back and it's now testing the broken level. At that point we should watch for any buy setup. Watch below for my potential setup
Comment: MACD divergence shows we might have a reversal. Wait for this consolidation to be broken followed by a correction and buy
snapshot
hey what do u think to do now ?
Reply
Watch for a breakout and you may go long. We might have more ups and downs in this wedge but be patient and wait for that sharp move up. Most likely a correction will follow but it's up to you which of the two you want to take.
+1 Reply
Fxprotrader PRO Fxprotrader
snapshot
+1 Reply
U will fail definitely... Wait n see coming weeks :)
Reply
mabforex Sakakikunmakio
If you disagree just don't post any message.
Stay out and respect other people analysis.
Reply
Fxprotrader PRO Sakakikunmakio
If you write "definitely" describing something that is going to happen in future, you are a HUGE TROLL..
Reply
I don't know about reversal, even with GBP strength, Yen has made quite a statement, I anticipate lower lows in all yen pairs, the divergence might anticipate a correction which can very well be a sideways flat thing.
+3 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out