Hi everyone this is what I see at the moment : I see pound yen in a long movement upward to either tp1: 153.70 or up a touch more to 154.20 marker is where I would sell off if we lower lows form as we are still in a weekly downtrend. overall pretty clear and simple , I would either wait till it goes up a bit then chops back to the median brown line and try an...
Stop loss and Target Projected in Charts Regards, Dipak Zed
This is what I see at the moment, pound yen long could be a choppy way going up but we will see happy trading Kris
based on my weekly trendlines and pitchfork and projections: this would be a great buying opportunity with a 4 to 1 reward to risk trade. my tp is the square box with the orange lines are tps all the way up to either take profit off or renter a trade all depending on your trading plan happy trading everyone Kris
A possible bearish extension to the pair GBPJPY Trade with care !
Hi everyone at the moment if the price holds here , a correction will be made to either one of the two levels indicated where I will position myself to short back down to the pink /purple trendline making the weekly triangle Kris any questions comments let me know
GbpJpy - Daily. I see a good med-term sell on all JPY pairs for the next few months.
Hi everyone happy this is what I see the pound yen doing. Still uptrend , we have a little correction where I am looking at jumping in for a buy at my buy zone till then happy trading.
Hi everyone if we going south a bit more I have marked out an area which can be great risk to reward to get in on this trade if we see some bullish confirmation and a huge plus if we break to the upside be warned though this market can slip further south if it doesn't stop where my tp is and keeps running : so If this market does run look for signs of change...
GbpJpy H4 chart - I prefer swinging longs on this for the next few weeks targets 155 and a decent risk to reward.
Hi guys here is what I see at the moment pound yen could either hit long strong with a great rr or hit short where then I would wait and see what happens let me know what you think Cheers Kris
Last week price advanced above key resistance at 150.071 and is now looking to come back a re-test as support forming a Bull Flag pattern. A re-test will provide a great place to look for Long opportunities up towards the target of 154.478.
Main fundamental reasons: -David Davis not up for compromises regarding brexit deal -Signs of North Korea still working on nuclear program + developing submarine capable of shooting ICBM Technical reasons -Fibonacci levels are respected by price action TP1 - 146 TP2 - 145.500
Hi Guys Pound Yen I'm long I stated my reasons in the picture with a drawing enjoy any questions or comments hit me up Kris www.mymentortv.com