GBPJPY D1 - Long SignalGBPJPY D1
GBPJPY surged to peak at 188, subsequently retracing to the 185 handle, which aligns with our identified confluence and buy zone. The strategic elements in play include discernible daily (D1) demand, robust D1 support, and the psychologically significant 185 price level.
Additionally, our protective stops are strategically positioned to encompass the preceding lows, fortifying the integrity of the overall trend structure.
Londontrading
FTSE/UK 100 PLANFor more detailed expert daily analysis, don't forget to click the follow button.
Here we have our UK 100 or FTSE 100 chart.
Lots of news on today so we are expecting some larger movement.
As you can see with the eclipse symbol we have seen great price rejection around the 7210-7125 area.
We are now getting nearer to short positions on the day and will re long nearer this area as price falls lower.
Our directional arrows show us the movement of price.
GBPJPY H4 - Short SetupGBPJPY H4
This pair has been very one sided this week, completely bearish, reversal, completely bullish. Had my eye on 150.000 which exploded, eyes peeled for 151 region to see if we have any signs of slowdown.
This is the spanner in the works as compared to EJ, UJ etc as mentioned on the previous post. 1:5 from the indicated order details.