GBPJPY Is Heading Lower In Three Waves.GBPJPY has just completed a five-wave impulse to the upside and according to EW principle, a three-wave correction follows every impulse sequence.
If this count is correct, a decline to the previous fourth wave low is plausible in circled wave iv.
Do you think bears will take over on GJ? Let me know in the comment.
Thanks for reading!
Gbpjpysetup
GBP/JPY Running In 120 Pips Profits And New Short Option AvialbeThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/JPY At Very Strong Res Area, Short Setup After ConfirmationThis is an educational + analytic content that will teach why and how to enter a trade
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Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
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Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/JPY New 2 Short Setups And Free 500 Pips Here !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPJPY - Sell Bias G'day Trader,
With GBPJPY we are looking at overall bearish move with the possibility of 2 scenarios to playing out.
Our confluence are very clear Head and Shoulder pattern, break and retest of ascending channel.
Price currently retesting pervious minor support as resistance at the 38.2% fib. If we get a strong bearish candle this could be nice move down.
We could also look for price to pullback to 61.8% fib before continuing bearish move down.
Its game of patience now.
Good luck Traders.
Lenin
GBP/JPY 2 New Long Setups To Catch 450 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions