Possible Short Position on GJ we might see a sell off but we still need confirmation so we wait and see how price reacts from that POI
ShortAgressivetrade
Short
USDJPY strong buyHello guys
In stih case usdjpy is at overall bullish trending on daily timeframe. Price in overall analysis cycle is moving at bullish territory, and is stuck between strong bearish momentum (last sellers push) and calm bullish momentum. Because sellers from last attempt didn't decide or push second time, we believe this might be just a break for them, because buyers have now open area, so we can see at spotted targets crytical behaviour.
At first bullish upcoming movement, we believe there's fourth touch from channelling. At 4th touch at previours Higher high level, we have to be aware that price might get declined if there's won't be any bullish momentum. If buyers are able to hold position, our overall target is at 116.728.
You can trade this trade with three options.
Long
Trade Ideas Analysis: GBPJPY Sell ZoneSell Zone trade it is, it depends on how this 1-hour candle close for me to make my call. This is still considered a trend trading for bearish traders hence I'm more aggressive in this trade.
In addition to that, it could pose an opportunity for me to get in a retest of the long at previous Point D completion of the Bullish Gartley.
Exact Entry, Stops and Targets shared with my subscribers.
Short