The EURUSD has been moving sideway between the support and resistance (1.0550 and 1.0668, respectively) in the last few days. The price has reached the resistance and the stochastic is shown overbought. Probably, we can see a bounce to lower prices.
El EURUSD se ha estado moviendo en rango dentro del soporte y ...
The GBPJPY is uptrending, the price reach a new higher high at 145.191. The price would retrace to a new lower high, maybe at 141.840 (50.0 % of Fibonacci retracement) to resume its movement to 147.000 (78.6% of the Fibonnaci extension).
That's my idea, I hope you liked it.
My Best Regard
As I said before in my previous post, I had been waiting for a signal to enter long in the GBPJPY pair. I enter at 139.00 (50.0% Fibonacci level) when a hammer appear. (In the previous analisys I used the 4H chart for entry I used this chart - In the 15 min)
SL: 138.972 (61.8%)
The GBPJPY is taking a brake to continuing the uptrend. I’ll be waiting for a signal at Fibonacci levels:
140.000 -> 23.6%
139.490 -> 50.0%
138.980 -> 61.8%
138.320 -> 76.4%
I hope you like my idea.
Hi, this is my first post so I hope you like it.
The GBPJPY has been in an uptrend for a while and recently it has achieved a swing high at 140.342. So, I will be waiting for a retracement to the 138.800 (50% of the Fibonacci level) to enter long with SL: 138.000 and TP1: 140.300 and TP2: 141.200.