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
As you can see there is also bearish cypher pattern in play which could fuel further downside on this pair. I think the target will be at 149.50 in order to price make another pattern for retracement. For now we will just focus on the downside because we don't know where price will stop the drop in the future. Sell GBPJPY 151.70 Stop loss 152.30 Take profit...
Our first trade for May is GBPJPY. As you can see we are on the process of 1st wave. For now, we might see price continue going down towards 150.66 area which could provide us around 80 pips. We will use wave-i as our protective stop loss because wave-iv could not touch wave-i in Elliott Wave theory. Sell GBPJPY 151.47 Stop loss 151.75 (28 pips) Take profit...
Bearish Engulf candle has been formed on GBPJPY which is indicating further falling.
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
Welcome to our weekly trade setup ( GBPJPY )! - 1 HOUR Sideways trending market structure. 4 HOUR Bearish break below main sr level. DAILY Looking for more bearish pressure. - FOREX SETUP SELL GBPJPY ENTRY LEVEL @ 150.240 SL @ 150.750 TP @ 149.550 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or...
Hi there, A Bearish Rising Wedge is forming at daily timeframe on GBPJPY, reversal is comming soon, Im waiting for the target arround 154-155 to go in for sells Jpy will get weak again incomming weeks, as it is slowly changing the bearish trend After we top in I expect GBPJPY to go for another low on the Monthly timeframe, as USD is showing signs of trend change,...
Chart is making a nice Rising Wedge pattern in both time frames 1H and 4H Rising Wedge in uptrend likely to break from the bottom If the trigger line broke strongly downward , price will drop to the bottom of ascending channel
Gbpjpy short smart money returning to tp support area of harmonic b leg EDUCATIONAL CHART DRAW UP
Welcome to our weekly trade setup ( GBPJPY )! - 1 HOUR Bearish price break. 4 HOUR Closure below main sr level. DAILY Expecting more downside price action. - FOREX SETUP SELL GBPJPY ENTRY LEVEL @ 152.150 SL @ 153.060 TP @ 150.880 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our...
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
GBPJPY SELL DOWNTREND ASWELL THE FIRST BLUE LINE WILL BE TP1 THE SECOND BLU LINE WOULD BE TP 2
GBPJPY entered a sell zone. If the price respects the spot, then we may see an extensive sell. We have to wait to watch the lower time frame and look for a sell setup. 151.800 to 152.000 is a good area for a good sell setup. Do not consider this as a piece of financial advice—this Above chart analysis based on experience with the combination of technical and...
GJ create hidden bearish divergence! Ready for short. TP: 150.07
GJ create hidden bearish divergence in 4h. ready for short. 50 pips opportunity tp 149.74
GJ Create Hidden Bearish Divergence in 1h Time Frame.
Hey there fellow traders! The coronavirus is making a comeback with its 3rd wave. This will mean that investors will put their money in safe haven. JPY is a save haven currency. Alongside that, we see a beautiful wedge.
GJ gonna breakdown rising wages, Retest done! Demand zone mentions.