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TheTradersAvenue
Aug 12, 2020 8:12 AM

GBPJPY > Irresistible 400 Pips Could Be up For Grab Soon Long

GBP/JPYOANDA

Description

Analysis of #GBPJPY

This to me is a flag pattern but I can yet trade it here to the upside, I need to see clear break and close to previous structure looking left.

the plan:

If price closes above 139.77 I will look to buy if the rules are met as i see price going to 144.00 and could provide 400pips, i traded similar setup on EURUSD "link below this idea", last month and provided me 400 pips lets see if this will provide me an entry


-Do not forget to comment below, and if you like it then smash the like button 😉⠀

Check today analysis below⠀
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-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You

Comment

Comments
snipestushai
I think we are starting to see what your analysis predicted... Good Job and Thank you very much it helped me a lot.
fermarotta
I think the same actually seems that is a Wave 1 of elliot un 4h chart counting ... If it's it probably touch 145-146. Anyway it could make a retracement to 138 yet... But I AM bullish on it like You.
TheTradersAvenue
@fermarotta, lets hope we get this
TheTradersAvenue
@fermarotta, thanks for the comment
stephensirina
I share your confidence!
TheTradersAvenue
@stephensirina, thank you so much
Deefriello900
Nice work
TheTradersAvenue
@Deefriello900, appreciate the comment
ProjectSyndicate
premium info, thank you for sharing. thumbsup!
TheTradersAvenue
@ProjectSyndicate, thank you for the kind words
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