Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that GbpJpy is currently retesting a quite obvious previous weekly resistance area at the 172 JPY level which is now turned resistance again. You can also see that as we are speaking, GbpJpy is creating bullish weekly market structure,...
– Previous Daily candle closed strong Bullish at 171.870 breaking above Daily Resistance formed on Tuesday and forming new Daily Support around 170.200. – Buys on close above 172.080 targeting 4h Resistance formed on 4th February 2016 at 172.350, Leaving Runners to the Weekly Resistance formed on 1st February 2016 at 172.900. – Sells on close below 171.530...
Spotted a possible gartley on the 4h looking to catch the C-D leg Here are my measurements: - X @ 172.326 - A @ 168.055 - B @ 170.695 - C @ 168.356 - D @ 171.412 I'm interested in trading the CD leg looking to TP @ 171.250 Comment/Critique welcome lmk what you think!
– Previous Daily candle closed Bearish at 170.200 forming new Daily Resistance around 170.500. – Buys on close above 170.670 targeting Weekly Resistance at 171.080, Leaving Runners to the 1h Resistance formed at 171.550. – Sells on close below 170.030 targeting 1h Support at 168.520, Leaving Runners to the next 1h Support formed at 169.300. – Bank Of England...
– Previous Daily candle closed Bullish at 170.500 tapping into the Daily Resistance formed on Wednesday 10th May 2023 and respecting Daily Support formed on Friday 12th May 2023. – Buys on close above 170.640 targeting Weekly Resistance formed at 171.080, Leaving Runners to the 1h Resistance formed at 171.550. – Sells on close below 169.950 targeting 30min Support...
– Previous Weekly candle closed Bearish at 168.930 respecting recent Weekly Resistance, Friday Daily candle closed Bullish forming Daily Support at 168.280. – Buys on close above 169.160 targeting 4h Resistance at 169.630, Leaving Runners to the 4h previous Support formed on 9th May 2023 at 170.150. – Sells on close below 168.630 targeting 1h Support at 168.340,...
Still breathing with no shame. Good Job. Now we know we were right, we were just too early. So now we wait before re-entering, should have been taken out by your SL
I don't have to spell it out. Pullback channel (reversal), in a down trend, impulsive candles down. That's enough for me to enter and rife it but because it's Friday I won't hold for long. Not a fan of holding trades over a weekend.
– Previous Daily candle closed Bearish at 168.270 respecting Daily Resistance formed on Wednesday around 170.600. – Buys on close above 168.480 targeting 30min Resistance at 169.050, Leaving Runners to the 4h Resistance formed at 169.260. – Sells on close below 167.860 targeting Daily previous Resistance formed on 25th April 2023 at 167.530, Leaving Runners to the...
You tell me. But the skill will get sharper and we will be better.
– Previous Daily candle closed Bearish at 169.490 forming new Daily Resistance at 170.600. – Buys on close above 169.830 targeting 4h previous Support formed at 170.150, Leaving Runners to the recent Daily Resistance formed on Wednesday 10th May 2023 at 170.600. – Sells on close below 169.110 targeting Daily Support at 168.740, Leaving Runners to the 1h Support...
Possible short before long continuation. I'm looking to trade the C to D leg. Let me know what you guys think, here are my measurement based on the 4hr chart: X - 168.040 A - 171.073 B - 169.915 C - 170.943 D - 168.391 Comments and critique welcomed!
I've been quiet in that I haven't posted in a while but I have been monitoring the charts. So now I would like to firstly apologise to myself for not committing and doubting the work needed to be done. Secondly, I would like to apologise to anyone that does follow me and gets any value from what I do. This is my current vision of what I see and where I believe...
– Previous Daily candle closed Bullish at 170.600 leaving a Rejection wick to the downside as the 4h timeframe forms a new Consolidation Zone. – Buys on close above 170.700 targeting 1h Resistance at 171.010, Leaving Runners to the 4h previous Support formed on 1st May 2023 at 171.230. – Sells on close below 170.360 targeting 4h Support at 170.150, Leaving Runners...
– Previous Daily candle closed weak Bullish at 170.430 leaving a Rejection at the recent Weekly Resistance formed around 171.100. – Buys on close above 170.560 targeting 30min Resistance at 170.860, Leaving Runners to the Weekly Resistance formed at 171.100. – Sells on close below 170.180 targeting 15min Support formed at 169.750, Leaving Runners to the 4h...
Price currently ranging in between the resistance at 170.856 & support at 170.185 while also forming possible uptrendline. Now if price closes above the resistance then we can expect price to continue pushing up to the next resistance at 171.950 & if price closes below the support then price might continue to the next support at 169.426.
– Previous Weekly candle closed Bearish at 170.250 forming Weekly Resistance at 171.070, Friday Daily candle closed Bullish forming Daily Support at 168.740. – Buys on close above 170.550 targeting 1h previous Support formed on 28th April 2023 at 170.930, Leaving Runners to the 4h previous Support formed on 1st May 2023 at 171.240. – Sells on close below 169.960...
GJ h1/h4 is a good confirmation to buy. So you can check it in M15 to entry like as my chart Good luck and Can you Cheer for me, pl !