FootPrint analyzied if you are with me. Long

British Pound/Japanese YenFXCM

Description

⋅ Jun 13, 2019 10:27 AM

TimeCycle: The price higher probability to change U-Turn, from down wave to up wave.
(i) excess: buying at the excess is the right action as traders or investors.

The Stoploss should be below this 136.5 Or wait to Buy above 138.2 for targets 141-142.5 at the control price attraction.

If you want exact timing ALERT, then LIKE this post.

Comments

Captain_Walker

⋅ Jun 13, 2019 4:34 PM

Excellent post. Well researched. Great work. Thanks for sharing! ✔😃

Trade-Technique

⋅ Jun 13, 2019 4:44 PM

@Captain_Walker, thank you very much. I am trying use few of my own theory.

Squadrondavid

⋅ Jun 15, 2020 12:59 PM

Confused.

Zone-Trader

⋅ Jun 14, 2019 2:22 PM

wow this is alot of work just to work out the markets are in a risk off sentiment and brexit hangs over the gbp. looks quite good tho

HemangiWorlikar

⋅ Jun 13, 2019 2:17 PM

Deep research and nice conclusion.

Dips007Trading

⋅ Jun 14, 2020 3:19 PM

We are the same on this, my chart is very similar. I don't care about Brexit, interest rates, covid-19 and all the BS in news. Just look at price and it tells you the story. Learn this type of market structure and it can help.
Many thanks for rhis

M-G

⋅ Jun 14, 2019 10:57 AM

Thank you KP- Brilliant analysis. Thank you for the share. :-)

Trade-Technique

⋅ Jun 13, 2019 11:42 AM

just wait for cross 138.2 above for taking long position.

Squadrondavid

⋅ Jun 15, 2020 1:00 PM

I put in a buy position on the GBPJPY @ 134.881 but the market is currently selling.