here we are the pound yen pair
pound yen seems to be bearish in December most likely a retracement is required towards 186.300
divergence on weekly chart and the daily seems tooo bullish and not good right now to enter in a long position
1-tested and respected the both lower and higher trendline of rising channel
Gbp/Jpy will make new highs from here.
The Last Order Block made new highs. the most recent order block came back and touched after taking shorts to it the past few days. we are looking at a new high from here.
Hey Traders, in today's trading session we are monitoring GBPJPY for a selling opportunity around 187.500 zone, GBPJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at at 187.500 support and resistance area.
Trade safe, Joe.
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Today Anna is monitoring the pair GBPJPY.
GBPJPY is forming a Rising wedge pattern and it is now its on support level. Also we had a demand zone, where we can execute our trade.
Be with us and support our analysis, if you found...
Hello friends, according to the yen index, which I have already shared the analysis of, my opinion is on the strengthening of the Japanese yen, and now the pound can weaken again against the Japanese yen, and I am looking for a sale according to the chart.
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GBPJPY Supply Zone Appears in D1 Time Frame Looking Price Action for Long Term Sell
Risk and Reward Ratio is 1:20
After 50 pips Profit Set SL Entry Level
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FX:GBPJPY price consolidated and it is time to extract from that consolidation phase, we are now targeting 190 price region which will be crucial to look around that area. Entry now with accurate stop loss can be a good option to buy swing and take advantage this trade.
trade smart not emotionally,
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To get good trades using moving averages, there’s just 1 thing to do. The thing you need to do is move to a higher...
The 4H impulse to the upside used to draw the fib starting from the beginning of the movement. Then mark out the Golden Zone which is between 0.5 and 0.618 on the fib.
Switch to the 1H. See if there's an Order Block within the Golden Zone area. Mark it out. Use the area where OB intersects with the GZ as the opening for the Long. SL about 60pips. TP 1:2. ...