Gbjpy - monthly and weekly charts calling for big downside I'm seeing 132 before a pullback in pound yen.
This analysis shows an example of how Elliot Wave forecast used to line up with other technical indicators. Here I'm anticipating a sell-off in GBPJPY to complete a regular Elliot Wave pattern. This pattern is most likely to complete within the blue box on the chart. As you can see, the blue zone lined up with minor demand/support zone, the third bounce of...
Consolidation box breakout to the downside to collect sellstop orders and hunt stops at the lows then go for stops placed at the high TDI Sharkfin formation on 15min timeframe TDI Divergence on 15min timeframe Stoploss placed at 142.390 Aiming for 143.177 as take profit
Hello Traders! This is a buy trade for 13 pips and then a 2nd target set at 30 pips. The stop loss is around 17 pips as seen by the red line on the chart. Best, Jay
Going Short..This is just an idea..stay posted for updates..use proper risk management..trade smart and be Blessed
Hello Traders! This short trade might fill soon, stop highlighted in red above and two targets down below.
GbpJpy - H4 chart - shorts in play down to daily demand 137.. enjoy
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 140.592 The red circle is the stop and 1st and 2nd targets are in green below. Best, Jay
Hello traders! This is a Tag&Go setup short, a sell stop order, set and forget style is right on the red line at 140.788 The red circle is the stop and 1st and 2nd targets are in green below. Best, Jay
Hello traders! This is a Tag&Go setup long, a buy stop order, set and forget style is right on the red line at 141.384 The red circle is the stop and 1st and 2nd targets are in green up high. Best, Jay
Hello traders! This is a TG setup with trend. Have to wait and see if price drops to get us in. The red circle is the stop and the 1st target is anywhere near the green circle below. Best, Jay
Hello traders! A clear drop continuation from a divergence high is under way for 30 to 40 pips. Best, Jay
Hello traders! There are two possibilities here, a long from line B to A for 30 pips and a short from lines C to D for 30 pips, depending on which way the market heads on open. These trades will be void however if the market opens with a gap that disrupts current price action. These trades can be taken with a buy stop or sell stop order as a set&forget setup....
Triangle breakout high for 200 pips for a risk reward of 1:4 Let's see if the initial breakout holds.
GBPJPY is following a triangle pattern which is narrowing down and coming to an end. There are high chances of the triangle breaking from the lower side. I suggest you wait for breakout confirmation and go short for the pair.
SELL GBP/JPY Entry 1 137.580 Entry 2 limit 137.700 Sl 138.09 Tp.1 137.000 Tp.2 136.650 Tp.3 136.00 Tp.4 135.600
i can't put it in words, please read my mind. :) #acefxanalysis