GBPJPY long trade ideaPlan : trendline breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
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Gbpjpysignal
GBPJPY: BE READY FOR NEXT IMPULSIVE WAVE.Thanks for Taking Interested in my Trading Idea.
GBPJPY: CORRECTION WAVE STARTED READY FOR NEXT IMPULSIVE WAVE.
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GBPJPY short trade ideaPlan : trendline & support level breakout --> wait for price to bounce off from horizontal resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar etc --> SELL
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GBPJPY Set to Complete an Elliot Wave Zigzag PatternGBPJPY's chart above shows the corrective move that started from wave (v) high.
The sharp decline can be seen as a five-wave impulse in wave (a) which means the impending correction will most likely be a zigzag.
Price has since then moved in a sideway and seems to have completed a double three complex correction in wave (b).
To complete the zigzag pattern a five-wave impulse in wave (c) is needed and that looks to have started now.
The break of the blue line is a good level to take a short entry.
My Idea on GBPJPYI'm looking for a long break on GBPJPY but first I'm seeing the market going side ways all the way to the yellow Zone, I'm still going to keep my eye on this pair we might see the break happening before the Zone. and like always we should respect the reversal patterns they can be a confirmation of the break coming up
GBPJPY buy on H3Plan : wait for price to bounce off from horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
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GBPJPY is on bearish continuationPlan : wait for prices to bounce off key resistance --> wait for the rejection candle pattern to form e.g. bearish engulfing , pinbar etc --> SELL
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GBPJPY trade idea on H1Plan : horizontal resistance breakout --> wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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GBPJPY trade idea on H1Plan : trendline breakout --> wait for prices to bounce off trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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GBPJPY buy on H2Plan : wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
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GBPJPY SellGBPJPY Sell
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Tradewithsam
GBPJPY 1H SellGBPJPY 1H Sell
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GBPJPY 1H SellGBPJPY 1H Sell
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GBPJPY Weekly OutlookGBPJPY Weekly Outlook
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