This chart mostly speaks for itself. GBPUSD has been looking to break that resistance line at 1.43 and has closed above that on the 4H. Look for the retest and then get set to enter this pair because it hasn't hit this mark since February of this year (and had candles close below where it is now).
Other market indicators are also suggesting this pair goes long,...
GBPJPY formed a symmetrical triangle when the uptrend had been reversed on March 13th.
With price bouncing in between the overall uptrend and opposite downtrend, we can see a breakout in reach within the next short amount of time.
Due to the downtrend passing the 61.80% line of the large move down previously, and then retesting below it, pattern...
Pair is on a recent uptrend. Bounced off of a larger downtrend with 2 touches in the last week. I expect it'll continue to bounce up and down until it makes a break out of this symmetrical triangle.
Still needs time and trendline touches to confirm it's pattern.
If the breakout goes long, make sure to wait for a pullback to bounce off the...
Recent cross with the conversion & base lines indicates price will continue to fall. Along with that, price is transitioning to below the cloud from above it. Keep an eye out on this one as it's good opportunity to make a position today.
*I'm definitely not a pro with this indicator, so watch this closely and find other indicators to support this...
USDJPY 4H: Bearish Gartley has recently completed very nicely.
I'm setting S/L around 40 pips from entry which is the close on Friday, Mar 9.
T/P: 106.233 (50% Fibb Retrace)
Further T/P not to exceed 105.737