according to the chart pattern forming in the chart they could be a downward movement next week remeber trade wisely and use risk management
Previous 2 sells got clapped, looking to make one last attempt at catching the down move. Previous weekly closed as a strong bearish rejection. Expecting the swing high to be respected and sells to occur around 162.180. If this level is broken then bullish pressure ensues and sells would be invalid.
Prices are on bearish momentum and abiding by our descending trendline resistance. We see the potential for further bearish continuation from our sell entry at 160.567 which is an area of Fibonacci confluences towards our Take Profit at 159.013 in line with Fibonacci Projection. Prices are trading below our Ichimoku cloud resistance, further supporting our bearish...
Hello, everyone! Bearish move expected due to double-top pattern. Entry: 152.32 TP: 149.80 SL: 153.58
GBPJPY take profit levels based on murrey math lines indicator...
Hi traders We are looking like we are setting up for a massive drop again on EurUsd. We have high impacting USD news at 13:30GMT so will anticipate this giving us the volume and liquidity to make a start on this reversal and move to the downside. Please monitor your position more carefully during the above news and price will be volatile as normal....
Entry 2 on GBPJPY. Lets see how the sellers pick up the momentum.
GBPJPY shows a bullish structure on the macro chart though on the micro we see bearish movement for days with a micro downTL. We anticipate a break in this TL as price as price came to mitigate the bullish OB as shown above thus we expect a bullish continuation with the high @ 158.18 being the ultimate target. a break above the TL could be considered a safe entry....
The price has reached Supply Zone. A Bearish Harmonic Pattern has been formed. Strong Sell! Our target is to shake out stop orders in the Demand Zone. GBPJPY - SHORT ENTRY PRICE - 157.230 SL - 158.500 TP1 - 152.500 TP2 - 148.300 Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me...
Im personally risking 2% on this entry. I am seeing signs of rejection and looks like a better place to enter. Trade safely, I am not a financial advisor and nor is this financial advice
GBPJPY forecast: Just documenting this for tutorial purposes only.
MOON 1st Entry: 152.800 (SL at breakeven currently) SL: 152.300 TP: 163.000 Buy limits at 152.300 & 152.400 SL: 152.000
the tactic of my trade is: HOLD BABYYY The analyse create with my brother at 23 September the first target is 1850 the second TP target is 1900, Is a good trade with a the right broker. Now guys go to plane the order end chill because the tactic of my trading life is HOLDING. GOOD XAU TRADING GUYS, NOW I COME BACK CCHILL IN THE MOON WITH MYN BIG PROFIT BY THE...
I only use FIBS when there is a strong trend, lets see how this plays out! last day of the week (16.07.21) need to be careful so manage risk well.
If the 30m sell signal remains, I set my first sell order at the Daily S/R and the second at the 0.786 FIB. Target is the lower 4h S/R