Technical Analysis We have continued to have a shallow retracement at the 23.6% level for months. Price has attempted to break above the 1.18 and 1.27 extension to no avail. I am anticipating a retracement atleast to the 38.2% fib level, wishful thinking but a retracement to the 61.8 would be even better. I'm looking for a deeper retracement on this pair. ...
Looking at GBPJPY on 1H timeframe Currently looking for potential Sell positions Price has broken the trendline and currently retesting the breakout
Technical Analysis We have continued to have a shallow retracement at the 23.6% level for months. Price has attempted to break above the 1.18 and 1.27 extension to no avail. I am anticipating a retracement atleast to the 38.2% fib level, wishful thinking but a retracement to the 61.8 would be even better. I'm looking for a deeper retracement on this...
scalper pro technical analys orange ====entry blue ==== save trade red ==== final target green ==== stop los
Hi Traders, Price action is still looking bearish on GBPJPY as we had a double top at the top of a channel pushing the price impulsively down with a breakout following by another correction. Wait for confirmation before getting caught further into this current consolidation. Good Luck! Support more of these by clicking the like button if this has helped...
- Added a new POI just need to see how price reacts - Some TPs slightly changed let me know what you think...
GBPJPY sell stop set, looking to sell GBPJPY down once it hits our trade level.
Hello traders. Negative divergence in daily timeframes is evident in the price, and a new bottom that is lower than the last bottom in the uptrend, so I expect the price to fall at least to the previous floor. If you agree with me, do not forget to like.
Look at historical high 158.23 in the near past, and the current DC. It feels we can play with a small stop-loss the SELL strategy not too far from the previous high. We got cloud support 155.00 handle, and we have MACD positive as well. That is why, we may see it climb a little and for that reason we sell ONLY NEAR 157.50-157.75 range and place a stop-loss...
First trade stopped out, this is due to too tight of a stop loss, however with a wider stop loss this time and more optimal entry rather than being greedy, we can take this trade with expectations of the GBP falling this week.
looking for a retest of the previous level before a sell down, previous trade went PERFECTLY down to a wick, hopefully the same can be recreated here.
#GBPJPY Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! ThankYou.!
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hello traders. I expect the price to complete the 5 motivational wave and go at least to its previous level. Are you agree?
GBPJPY has Risen After GBP DATA RELEASE ! Therefore the the zone in which it just entered can encounter a long Potential REVERSAL from the ZONE .
Hello everyone I am putting my order to sell on GBPJPY at price 156.000 with SL at 156.300 and TP at 151.500, 15 RR trade
#GBPJPY Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! ThankYou.!
I will keep my bias on sells because on the following reasons: 1- Price is currently at Weekly Fib level 0.382, which is also a major resistance zone; 2- Double Top Pattern (4H); 3- 1 Engulfing bearish candle " (4H); 4- MA 18 and EMA 8 are crossing to the down side (4H); 5- MACD is losing strength and starting to give sell confirmation (4H). 6- On the Daily and...