😂😂😂😂😂😂😂😂😂😂😂😂😂I laugh because I slept knowing what is a possibility. Due to the lesson we experienced yesterday, we put our SL in profit. So there no loss only gain. NOW WE WATCH AND WAIT
Using price action and candle formations - you are able to disssect trades in these areas of price.
We could see a drop on gj from a strong double-top pattern at the resistance of the 2 strong emas.. If this is a fake move, it will testsupport again and go up, however if price does respect the pattern and resistance, we can go down more even to test the low of last week..We will wait for price to break the neckline of the structure before entries, if not stay...
Price while moving in a beautiful downtrend channel as a retracement move, its currently facing support at 160.465 & resistance at 161.455. if price makes a breakout of the recent low it made on the support then it might continue the retracement move & push down to the next support zone at 159.493. However if price make a break & close above the resistance, then...
Hello! We have seen some consolidation for some weeks now on GJ before the quick push to the down side to define our structural bias for this pair. Seeing how we have formed a clear CHOCH or BMS on the higher timeframe we will be looking to see the JPY gain strength in this coming weeks, that having been established we now look to a strong supply zone from where...
Sell GJ now, dont ask questions, just sell lol. Been in consolidation, but we are currently ready for a sell
GJ should continue to fall after last Wednesday double top reversal, it is Monday so we should see the move between today and Wednesday. Zone to zone trading
In my opinion, GJ is bearish for the moment given the fact that there was a major impulse in price action on the daily chart that broke structure to the downside. In this video I share my ideas where I anticipate price heading in the short to intermediate term.
Price currently facing resistance at 162.305 & support at 161.251 while ranging in between a structure. now if price closes above the resistance of the structure then price might continue to push up to the next zone at 163.325 or all the way to 164.344. Similarly if price closes below the structure then it might continue to push down to the next support zone at 159.493.
Hello Beautifull peeps, this is my idea about GBPJPY please like and follow if you like my idea..
If you don't know the video where Lil Wayne is busy screaming wooooooooooo, go find it and watch it atleast 6 times. This trade is about to be fire, what I'm seeing coming. 😭😭😭😭😭, Only thing I hate about it is that it is showing itself on a Friday but we are traders not gamblers.
Looking at sells however it is very late in the day - best way to handle this is by reducing risk especially as the market is setting up for NFP tomorrow. Be smart , protect capital. The number 1 rule in the markets is to minimse losses
GJ forming possible a double bottom at strong support for the new york reversal, and possible buys to the next zone, for a bullish continuation.
Price formed a recent support at 163.396 & resistance at 164.380. now if price closes below the support then we can expect price continue pushing down to the next support zone at 161.935 as a retracement move to a newly forming uptrendline. However if price closes above the resistance, then we can expect price to continue pushing to the previous high at 165.532.
Higher time frame analysis tells me over all we are bullish, A nice retest of recent support to expect a continuation off the bulls in this market.
As said last week Wednesday the market moved up its 3 days or 3 levels from the midweek reversal. I am not 100% sure if GJ has made a full3 levels up, as we did not have aggressive movements which are usually evident in separating the levels. However, GJ has moved up over 1000 pips since my entry last week Wednesday, this morning during London session, a perfect...
Price just made a breakout of the previous low at 164.271 by forming double tops at 165.543 facing resistance. now price is heading to the next support zone at 163.410. We'll look for further trades to the short side if price even closes below the next support zone to continue moving to the next zone at 161.962.
Price retesting a major key zone on HTF at 165.072 & also created a higher low & recent support at 164.297 while moving in a strong uptrendline. now if price respects the new higher low & closes above the high at 165.722, then price might continue its bullish run to the next HTF key level at 167.803. ** A breakout of the recent support at 164.297 however would...