TARGET: 88 PIPS TP1: 142.051 TP2: 141.783 SL: 143.262
As you can see in this 4 hour view, market is forming a pennant/falling wedge, this happens to be a breakout to the upside so i expect market to breakout on top. Not mentioned in the video is the fact that market is currently forming a rectangle channel within the pattern formation and this is a sign of breakout soon to occur, highly expect a breakout this...
TARGET: 48 PIPS TP1: 144.63 TP2: 144.449 SL: 145.30
Bearish trendline has been broken and retested creating a possible head and shoulder formation. set up: - entry level 0.618 fib 144.044 - S L below QP 142.5 - T K 1.618 fib 152.317 Feel free to comment or add your views. If you agree to the idea give me a thumb up.
TARGET: 62 PIPS TP1: 144.371 TP2: 144.087 SL: 145.529
TARGET: 130 PIPS TP: 146.257 SL: 148.731
H/S forming 4H Time frame Practice proper Risk management
Price reached a strong resistance area and gave us some strong bearish candles. Then it broke the uptrend line and came back up as a correction, giving us now another strong bearish candle. Im going short.
Hey folks, Quick analysis on GBPJPY as price action is just being so beautiful! We're looking for an H1 50 Bounce, which is the first pullback to the 50 EMA after 13 EMA crossed the 50. We're going to enter once price closes BELOW 13 EMA. Target will be @147.250 Let's see what the next 10 minutes bring us!
Long time i'm Not Updating Anything , Correct me if i'm wrong :)
Long Time i've not Updating Anything . Correct me if i'm Wrong , I'm just Sharing :)
We notice mirroring between the pattern of daily(september 2017- today) and the current 15 min
GBP JPY Has Broken the uptrend Channel from March 2018. An strong bearish trend in Daily Chart as well. i will Short only after the pullback at 151.300 For TGT of 149.400 with the STOPLOSS of 152.213 which gives us Risk to Reward Ratio of 1:2.