the price will reject the monthly downtrend and the resistance area in the weekly time frame
Please check the chart for the trade breakdown and do comment your views on it.
GBP/JPY A roof? What do we have here? on GBP/JPY all we see is a confirmation for a sell to 131.372 We might see a pull back to 135.576 Resistance levels: 135.576, 138.27 Support levels: 133.372, 131.168, 129.341 Let's watch... #JustTradeFxOnline Thanks for your love and support. Don’t forget to like and comment for more.
A buy for wave 5 or wave (iii) of (v). Invalidation level is around134.000 with a target of 136.00 and above
The outlined white arrow pathway is the predicted pathway that the GBPJPY will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where GBPJPY will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS...
GBP/JPY is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry. Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing! COLOR KEY (which time frame each markup is based on): RED -...
OANDA: GBPJPY looking at the GBP/JPY on the 4H timeframe I am seeing a possible sell up to 128.750 with my stop loss at 129.950.
Hi there. I'm looking at possible Bullish move for GBPJPY 4H. It seems like Triple Bottom pattern and price could try to break the neckline (upper black line). If it does, then we can see a Bullish movement from there. Price is currently at Weekly Support. I'd BUY if it breaks the top black line. It still needs confirmation. Tomorrow got GDP data release on GBP...
#GBPJPY #USDJPY #EURJPY Hello to all watching my charts This pair is still sooo short ; exact like my last post from a fey days ago ,as the short brake has startet. I will show you here that really all ! timeframes are short which is little bit rare. My longtime channel (BLUE LINES , as you know...) short since 26.7. My middletime channel (RED LINES) also...
Hi everyone. Please refer the explanation in the image. I'm seeing a potential (strong) Bearish setup on its way based on the current market structure. Target ENTRY at the Confluence Area. TAYOR and let's see how this goes. HAPPY LABOR DAY! KHALID HAMID