Here is another Forex Trading Snack! Yes I know... But there is significant amount of news risk associated with trading GBP pairs right now, you say. True! But using calculated risks, there is a great opportunity for an over sized reward for the risk taken in my opinion. First this pair has completed a double bottom pattern It has moved up from that bottom...
Clear one from me. Managed to get the entry at a pip exact!
Same situation as GBPAUD ( see my post before this ) Failed to break through an important level of structure. (high blue area) Fell underneath een support zone. GBPJPY is making a retest atm, but I think this will fail and will fall down. Happy trading everyone!
After a good rally GJ shorts ready to roll from here sell the fact FX:GBPJPY
Looking to see FX:GBPJPY continue to fall until reaches support. We have two solid reversals that have happened in the past at this support range, so we will wait to see when price reaches this zone Theres roughly 100 Pips to the support zone shown as a red rectangle RSI is extremely oversold on Day chart, but I still expect a few more touchdowns to support...
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Already rejected at channel resistance. Ready to be dumped down. Good RR ratio setup. In line with my GU bearish prediction.
Still waiting for high impact news of JPY, possible spike up. No matter how good the setup is, trade lightly and wisely .
GBPJPY short after price action
Harmonic Pattern Formed. Will wait for pullback to finish before shorting. Best case would be near the main trendline.
Pair is in strong resistance zone, and also rejected from previous high on smaller time frame. moreover we are trading at the overbought extreme. looking for a short trade at market price Entry 147.55 Stop 148.20 Target 146 Please consider your own due diligence before implement. Facebook: www.facebook.com StockTwits: stocktwits.com Tradingview: ...