Pattern: 4H Channel Up.
Signal: Bullish once a pull back takes place towards the 1D MA50 in the same fashion as Jan/ Feb 2019.
Target: 138.000 (expected contact with the 1D MA200).
WE are looking too short GBP/JPY as it retests the resistance.
where we are looking to sell at
entry 1 136.980
entry 2 137.280
sl 137.420
tp.1 136.400
tp.2 136.000
tp.3 135.500
tp.4 134.900
once price hits tp.4 we will be looking to long at 134.400/134.200
GBPJPY was touched the upper level trend line and drawn trend line shows you higher lows which is a down trend according to the 1H chart and hope price will be retrace from there to down. There is a resistance at 132.074 as well. RSI shows whenever price hit (when its come from down to up and turn) 57.79 and shows movement is turning to down wards.
TP's and SL...
GBPJPY is looking bearish
Targets
Sell Current Position
132.650
Take Profit
131.200
128.800
Stop loss
Close above 134.50
Best of luck Guys
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t.me
NOTA: El análisis anterior de GBPJPY donde perseguiamos solo +60 pips, se dio con éxito hasta los +70 pips (actualmente). Éxitos a quienes tomaron la entrada!
Actualmente, nos encontramos en un retroceso ascendente de aproximadamente 30 pips. (No operaremos éste retroceso; Solo le mantendremos el seguimiento hasta que se cumpla.) 134.985/135.315.
Una vez...
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