FX:GBPJPY   British Pound / Japanese Yen
1695 10 127
GBPJPY             is sitting on the trend line if it breaks we still need a corrective structure before a sell setup is triggered.

If it bounce buying the correction on a lower time frame is a good idea. I will follow up with trade setup on 60 mins .
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Hi Anil, possibilities from a monthly outlook for me.


Zoomed in on a daily time frame.

Thanks for sharing Guys ,the more option we get the better choice we make ! Please Fell free to comment even if your is the opposite
+4 Reply
Wow I can see really good traders here.... AibekB cheerz man!
+1 Reply
Thanks Anil
Hi Anil..,

Absolutely agree with your analysis and I enjoy reading your charts. I believe at the lower time frame., price will bounce at least for a medium term correction before picking major direction.

Here is my chart.
+1 Reply
Anil, am already in as had an eo at that point to buy, wether just a p/b or larger retracement.
+1 Reply
Im seeing the same thing. Rode it on its way down now im hoping to take the ride back up.
+1 Reply
Hi Anil, Thanks.
Ill put it out there and probably totally wrong.... im looking at it behaving something like this.
+1 Reply
Hi Anil, thank you for post will add your level to my watchlist, but I think we broke the major trend 200 pips above. Best, Aibek
+1 Reply
aibek aibek
+1 Reply
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