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Gbpjpyidea

GBPJPYAs i said last weeks ...As I said GJ he climbed to Fibonacci 786 he broke in a few hours and closed above the 153,500 and even far over ... This week I will wait for a retracement to the area 153,500 and there ... I think GJ will test the area 155.500-156,000 THIS WEEK...as I said last weeks GJ has reached 155,600 NOW...If we make a parallel between the chart on a week and one month because the month of May closes we can see that GJ has reached the trend line formed for 1 month and 1 week and from here I expect a withdrawal movement of at least 700-1000 pips if it closes the month below 155,600 ... even if GJ will go up maybe 40-50 pips this week. I want to mention that the trend line formed by GJ for 1 month is the most perfect trend line we have ever drawn and I expect it not to be exceeded at all ... NOTE: Please, give a LIKE if you find this idea useful! GREAT ATTENTION: *This information is not a Financial Advice.
by BloomFX_SIGNALS
2
Gbp/Jpy : Eyeing 157 handle Feb 2018 High ? As of now price is consolidating in a 100 pip range (153.50-154.65) , Speculative sentiment index is around 35% and trend is strong on higher time frames indicating the test of 2018 high around 157 handle which stands as the major resistance / Top. Trend : Up Signal : Long Scalp ( 153.50-154.65 range) Positional trade # 1: Long above 151.70 ( EMA 50) Stop Loss : 150.50 Target : 157 handle Positional Pending trade #2 : Sell limit @ 156.70-157.30 Stop Loss : 158.50 Target : Open
Long
by UnknownUnicorn13514545