GBPJPY fundamentally driven ATM in addition to 135 key level & structure marked
Nice Confluence Area 1. Resistance area/ retest of broken support 2. Price is between 50-61.8 retracement from last drop (High PRZ) 3. Trendline 4. At 32% Retrace for full drop low is 132.422 at the moment (sell that started at 139.75)
Taken a long position on GBP/JPY. Price touched weekly demand area 130.750 and rebounded from it with some bullish candles on H1 . Bear are losing power on MACD indicator H4,H1,M30 Quick intra-day trade, STOP LOSS beyond weekly level and under the last wick .
GBPJPY- we have a 3 trendline touch that gives us a opportiunity to go in sell... For more contact me in: instagram.com/merchantsfx
Bear Flag Trend Continuation pattern , looking for the drop in downside. I am Expecting a drop in downside. Thankyou
Ascending Chanel and Double Top Pattern , Both are reversal pattern , i am expecting Downside Move. JPY Going to be Strong that by the Reason All xxxJPY Pairs Looking For Sell. Good Luck
Looking for More drop in downside. Let see How Performe.
Structure Looking For Sell setup for downside. Rising Wedge and Duble Top Patterns Both are Reversal Pattern. Good Luck
GBPJPY Looking in downtrend for SEll , Let see how performe .
Globaly the GBP was show some waekness vs all the Pairs The only condition is the price move below 143.700 with a confirmation with a break uptrendline so ext target is the Fibo 50% @ 136.600
Making bear Flag and looking for drop in downside .
Waiting For Correction in Lower Time frame . after Confirmation we can sell for This Big Drop in downside MOve,
GBPJPY Shoot up like a crazy in upside making higher High and now Price reject for Short Term SELL Move in downside. After Bearflag i m expecting Downside Move.
Welcome to our weekly trade setup ( GBPJPY )! - 1 HOUR Waving market structure. 4 HOUR Prices at range low, hold long on this one! DAILY Sideways market at its lows, high chance to rise now. - FOREX SETUP BUY GBPJPY 1ST ENTRY @ 140.160 2ND ENTRY @ 139.780 SL @ 139.120 TP @ 141.310 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all...