Hi,traders,I hold a point:Good charts does not more words to explain! Good luck
Hi,traders,I hold a point:Good charts does not more words to explain! Good luck
Evening guys British Pound sustains drop as May comments on fears for coming Brexit... (138.831-139.090) which may activate some rebound correction Below (1.2080) on cable will indicate further downside on all sterling pairs will be expected toward (1.2000) zone with the gates then opening for (1.10 and 1.00). GL and please remember to like and comment your...
The 50 EMA (red) on 4h seems to be acting as a nice support which has created multiple different support trend lines coming off of many different areas on the chart. A 4h close above 141.50-60 could indicate the start to a 100-150 pip bullish move. If you look at momentum the highest high it made was November 10th 2016, ever since then it has created lower highs....
Of all GBP pairs that went up simultaneously after 'May spoke about hard-brexit, GBPJPY was one of the few that did NOT touch the 10EMA on the way up. That is curious, because most GBP did. That is a good indicator that GBPJPY short is strong. All three trend lines is on their way to make a major cross. It's worth keeping an eye on this one the for the week. To be...
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Looking for a trend change in gbpjpy in coming months, we saw previous highs of 143262 which have recently been broken indicating the likelihood of a bullish direction. A close below 126494 will warn of possible decline. Weekly the last significant high was 145195, we have been generally trading up for the past 8 weeks. The market remains strong at this time,...
-GBP/JPY manages to break the previous support zone strongly. -There is less resistance on the upside. -Risk to Reward Ratio is 1:2 We are bullish on this trade. EP: 145.486 SL: 141.841 TP: 153.625 Btw, this trade got little positive swap :)
Major trend line broken and retested. start with small positions, build up as the trend goes in your favor.
Now Im in short from 140.52 SL 140.77 Pending buy on 133.56 Lets see Your coment and like welcome! :-)
GBPJPY Short Area 135.496 to 136.915 Target 1 : 133.520 Target 2 : 132.911 Target 3 : 132.302
formation of a small price consolidation to continue its downtrend, TOWARDS 121.