PeanutButter

In the 4hour time frame market opened High and currently rejecting below the Quarter 137.750 in Hour 4 Timeframe. Price is currently also below a major supply zone. Current Hour 4 support 137.497. Waiting on current 4hour close to determine Clear direction.No clear entry on ADX.. TDI also shows price lie crossing blood line and also below solid 50.

In the Daily Timeframe price is currently been rejected at the Ezee Quarter 140.000. Currently waiting to see how the previous daily Candle closes. If it so happens to close above 140.000 it will be safe to find Long Signals in a smaller Timeframe. Also 140.000 appears to be a Fib level 50.00% and also a support for price around 15 Aug 2018. Conclusion : if...

Tp 149.541

Taking sells if price closes below 143.500.

GBPJPY in the weekly Timeframe appears to be in a bullish channel.. Fibs Drawn in the week clearly shows how price rejected more than 3 times around support 50.00% Fib which also happens to be around Ezeepips Quarter 140.000. Also we can see how price tapped the supply zone 156.689 and pushed down in a bearish channel also in a weekly time frame .. Bullish...

Last week was such a bullish ride with GBPJPY.. the pair kept soaring all the way up till the reversal which happened at 149.500. Currently the overall trend for GBPJPY from 01 Feb 2018 till now is a bearish trend. Price has currently given us the sell confirmation signal at Resistance. A lot could happen if GBPJPY opens with a gap bearish .. The 1000 pips...

In the Daily Time frame GBPJPY is currently below 142.750 . As we all know “750” is a strong level of consolidation. As confluence if price closes above the 14 ema we could be slowly making our way to the 50 ema. Do not forget we still have Quarter levels above to obey . If Price closes above 142.750 in the Daily Time frame we could be making our way Bullish.....

In a Daily Timeframe GBPJPY has dropped 942 pips. As we all know GBPJPY moves a 1000 pips .. We currently have a few Pips more to complete this phase.. The weekly candle closed as a Doji ( Dragonfly) there’s a possibility this could either be a continuation or Reversal.With price closing above 140.750 which we all know happens to be a strong level of...

Wait on Daily Candle Close For Direction.

Patiently waiting for Daily Candle Close....

Possible Bullish reversal if Price Closes Above 145.500.

GJ

GBPJPY; WAITING ON DAILY CANDLE CLOSE

FX:GBPJPY

GBPJPY Price ranging around 147.500 and 147.250. Current 4 Hour candle gas 1 HR 24 mins to go. price got rejected under the 14 ema in hour 4. Patiently waiting to see how price closes. If price closes under 147.250 kindly switch to smaller time-frame and find sells. If price closes above 147.250 switch to a smaller time-frame and find buys. RISK MANAGEMENT.

Previous Daily Close for GBPJPY closed Directly under 149.250 in the Daily TimeFrame. Overall outlook saw a massive rejection at the Fibonacci level of 38.20% in the Daily Time frame which also happened to be slightly below 149.750. Price is currently consolidating between 149.250 and 149.000. In the 4 hour TimeFrame price again rejected at the Fibonacci level...

In the Daily TimeFrame using Fibonacci, GBPJPY rejected just under Fib Level 38.2... Price is currently bearish and heading towards Fib Level 23.6

GBPJPY Rejection in the Daily Timeframe...