Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY has broken out of a HEAD & SHOULDER structure and now we are waiting for price to retest the support that turned into a new resistance which is also the NECKLINE of the HEAD & SHOULDER structure at 166.00. After the retest price may to fall to 160.00 a distance equal to the height of the HEAD & SHOULDER structure.
#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY DOWN SIDE WAVE has reached 60 ++ PIPS. MARKETS have moved DOWN SIDE from the same mine we have provided. - JPY has weakened slightly as VIX is slightly down. Due to this, STOCKS and XXXJPY CURRENCY were slightly BUY. GBPJPY also became BUY because of that. But now there is a...
hello, currently looking for a break and retest of that minor trendline price is currently near at. More so, its near a resistance zone which has been tested previously, before. Thus this is a critical area, more so its near 61.80% which stands for reversal. Although most times when price is around an are with zones, trendlines etc, it tends to consolidate before...
hello, currently in for a buy up to 163.000 to 0.00% fib level this is because it previously broke and retested (15min) minor trend-line, and opened up with a bullish candle. As we are currently in correction phase, make sure all confluences are lining up before entering into a trade . Share with me your thoughts
Hello, currently we are waiting for a break that is currently happening and next i want to see a re-test of that minor trendline and make a continuation to the downside. Have all confluences lined up before entering the trade. Jesus loves you<3
hello, currently GJ just pushed up and hit our first tp 0.00% as first TP and also broke the trendline with a big bullish candle and is next to 61.8% on old fib level and is currently near a zone, you ought to be careful when trading around this area where there is a critical zone thats where currently we are seeing doji candle but overall i want to see it break...
Following over 200pips profit during the last week's trading session (see link for reference purposes); it is obvious that the GBPJPY pair has been displaying a back and forth set-up within a tight range of 160 and 164 areas. With the possibility of the incitement of a retracement wave, the possibility of a bullish momentum can not be ignored as the key level at...
d;bearish 4h; broke the s/r zone and its testing it bearish trend line broke previous LL bellow the ema's 1h; looking for price to go bellow the ema's with a momentum candlestick and that would be my entry. stops; above LH swing. target; next s/r zone risk; 0.5% RRR:3.1 mini
hello, GJ has been in an impulse move and now its doing a correction after do a correction and then test to 161. Right now on fib level we are on 61.8% on HTF means reversal and we also have a wick which shows price exhaustion. While for structure its showing a sell although you have to keep in-mind the overall trend which a bullish trend. More so, I can see...
You Can See Clearly Trend Shift On Small TimeFrame So Now After a Small Mitigation Market Will Go Bullish Targets Mentioned In Chart
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Looking at the weekly timeframe, GJ has been in a flag correction since the beginning of May, following a very strong impulse from mid March this year. Price has given us 3 touches on our resistance trendline confirm that price is respecting it. price has since fallen off this 3rd touch (as seen on the chart above). We were in a correction phase until price broke...
GJ has hit a strong downward TL, finding confluence of resistance there. Shorts here may feed us for the week, my pipples! I hope you don't mind the longish video, as I like to teach as I give my analysis. I am hoping to help newer traders learn to become independent traders themselves.
signal for entry trading. like and comment below here
As my previous prediction run as welll. To continue the chart on this week. GJ create liltle correction still try reach the resistance.
the price will reject the monthly downtrend and the resistance area in the weekly time frame