– Previous Daily candle closed Bearish at 181.450 rejecting the previous Hourly Support formed on 22nd June 2023. – Buys on close above 181.900 targeting Daily previous Support formed on 27th June 2023 at 182.330, Leaving Runners to the 15min Resistance formed at 182.590. – Sells on close below 181.100 targeting 1h Support/ Daily Wick Fill at 180.800, Leaving...
– Previous Daily candle closed Bearish at 181.720 breaking out of the Daily consolidation Zone. – Buys on close above 181.870 targeting 1h previous Support formed at 182.300, Leaving Runners to the 15min Resistance formed at 182.580. – Sells on close below 181.190 targeting 1h Support formed at 180.830, Leaving Runners to the Daily Support formed at 180.480. –...
Hello Traders and Investors , my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of GbpJpy 💪 After GbpJpy broke out of a major long term monthly triangle formation all the way back in 2021 there has been a major rally of roughly 4000 pips towards the upside on GbpJpy. However by looking at the weekly...
A strong retest would have better had it happened before the drag down. I had not yet set my sell stop but had put this on my chart. There I'll wait before entering. The blue rectangle was an area of sensitivity, our channel was showing the pullback/slow down of the big trend. Now we are in a new phase, so we watch for fakeouts and long bearish pressure
We would like to see a break of structure whether upwards or downwards in order to take a trade. The chanel we are stuck in suggest we should expect a break upwards but with refinement and zooming in to see candlestick formations we are seeing a possibility for the downtrend. Either way we wait for break and retest then entry before a definitive forecast is...
– Previous Weekly candle closed Bearish at 182.380 forming Weekly Resistance at 182.930, Friday Daily candle closed Bearish within the Daily Support Range on the Daily timeframe. – Buys on close above 182.650 targeting 4h Resistance formed at 183.090, Leaving Runners to the 30min Resistance formed at 183.450. – Sells on close below 182.020 targeting 4h Support...
– Previous Daily candle closed Bearish at 183.480 forming Daily Resistance at 183.730 as price still ranging within the Daily timeframe. – Buys on close above 183.850 targeting Daily previous Support formed on 3rd December 2015 at 184.250, Leaving Runners to the Weekly previous Support formed on 30th November 2015 at 184.610. – Sells on close below 183.030...
– Previous Daily candle closed small Bullish at 183.730 as Daily still consolidating within current Daily Range. – Buys on close above 183.960 targeting Daily previous Support formed on 3rd December 2015 at 184.250, Leaving Runners to the Weekly previous Support formed on 30th November 2015 at 184.610. – Sells on close below 183.460 targeting 1h Support formed at...
– Previous Daily candle closed weak Doji Bullish at 183.590 as the Daily consolidating. – Buys on close above 183.920 targeting Daily previous Support formed on 3rd December 2015 at 184.250, Leaving Runners to the Weekly previous Support formed on 30th November 2015 at 184.610. – Sells on close below 183.300 targeting 4h previous Resistance formed at 182.860,...
– Previous Daily candle closed Bullish at 183.560 below Daily Resistance formed last Wednesday 28th June 2023. – Buys on close above 183.760 targeting Daily previous Support formed on 3rd December 2015 at 184.240, Leaving Runners to the Weekly previous Support formed on 30th November 2015 at 184.610. – Sells on close below 183.010 targeting Daily Support formed at...
– Previous Monthly and Weekly candle (June) closed Bullish at 183.170, Friday Daily candle also closed Bullish forming Daily Support at 182.490. – Buys on close above 183.760 targeting Daily previous Support formed on 3rd December 2015 at 184.240, Leaving Runners to the Weekly previous Support formed on 30th November 2015 at 184.610. – Sells on close below...
– Previous Daily candle closed Doji Bearish at 182.490 as price has been consolidating on the Thursday across the 3 sessions. – Buys on close above 182.890 targeting 1h Resistance at 183.420, Leaving Runners to the 30min Resistance formed at 183.770. – Sells on close below 182.230 targeting 4h Support at 181.860, Leaving Runners to the next 4h Support formed at...
London shows us a classic break and retest setup and will try and entry based on buyer depletion. Lets see if we can grab 2-4R from this one
– Previous Daily candle closed Bearish at 182.490 forming new Daily Resistance at 183.620. – Buys on close above 182.670 targeting 1h Resistance at 182.930, Leaving Runners to the 1h previous Support formed at 183.210. – Sells on close below 182.140 targeting 4h Support formed at 181.860, Leaving Runners to the next 4h Support formed at 181.590 – As the Wednesday...
Nice sharpening - test of our level - trigger our buy limit - candlestick formation, indicating bull trend coming - straight up and no retest
– Previous Daily candle closed strong Bullish at 183.620 forming new Daily Support at 182.380. – Buys On Close Above 183.920 targeting Daily previous Support formed on 3rd December 2015 at 184.250, Leaving Runners to the Weekly previous Support formed on 30th November 2015 at 184.610. – Sells on close below 183.410 targeting 4h previous Resistance formed at...
I don't know what I am doing wrong but I keep getting it wrong as moderators keep flagging my posts. The impulse upwards was an indication that the demand and the supply met each other at the right time. The blue rectangle was an indication of a area of sensitivity, the market turned just before our entry point. Therefore we missed the initial target but that's...
– Previous Daily candle closed Doji Bearish at 182.380 rejecting the Friday Highs. – Buys on close above 182.890 targeting Daily Resistance formed on 17th December 2015 at 183.320, Leaving Runners to the Daily previous Support formed on 16th October 2015 at 183.710. – Sells on close below 182.270 targeting 4h Support formed at 181.900, Leaving Runners to the next...