⭐️Smart investment, Strong finance ⭐️Personal comments NOVA: The price is approaching the nearest resistance zone, GBP news is also not positive today. Set up SELL signal ⭐️SET UP GBP/JPY PRICE: 🔥SELL zone: 184.000 - 184.200 SL 184.500 TP1: 183.700 TP2: 183.400 TP3: 183.000 ⭐️Technical analysis: Based on technical indicators EMA 34, EMA89 and support...
⭐️ Smart investment, Strong finance ⭐️ Personal comments NOVA: According to the DOWN theory, the price has formed a very beautiful H1 chart. Supports the upcoming DOWN trend ⭐️ SET UP GBPJPY PRICE: 🔥SELL GBP/JPY zone: 187.100 - 187.250 SL 187.600 TP1: 186.800 TP2: 186.500 TP3: 186.200 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and...
Both gbpjpy and eurjpy are showing the same indcation, bearish. any rally to the upper trend;ine will be great chance to sell or average your sell position if u are having one now. Hopefully u dont miss the opportunity. I wish u have a great traade all….
possible 1:5 rr on gbpjpy short setup. the daily trend is down and the ob on 1hr has should be mitigated before selloff
not a great RRR; wait for a retracement or use a smaller SL;
I think that the price will take out al the stops that are above the daily level with a wick and then melt down to the liquidity zone.
GBPJPY sell 153.3 SL 154.712 TP1 152.800 TP2 152.100
I am expecting price to make one last push to the upside, before falling. This push can possible create the right shoulder that I am anticipating. A head and shoulders at the end of an uptrend can signal a reversal pattern. This candlestick formation along with price respecting the monthly/weekly supply level, is a strong confluence.
As long as GJ can reject the 78.6%, as price has before at the 88.6, tapped it then dropped, I can see the same scenario here.
GBPJPY SETUP: ASCENDING TRIANGLE Confluence: Supply zone Note: I take sell trying against the long structure assuming price will make another drop. Entry: Sell @ 140.50 SL @ 140.80 TP @ 137.50
There is a Gartley PAttern formation in the 4 hours chart of GBPJPY. The currency pair has started to reverse from point D in the pattern . It is likely to go down upto point B of the pattern, a calculated target for chart pattern. However, traders can wait for the daily closing below 133.90 before going short in the pair to confirm the downside momentum . Trade...
If it broke red line at 129 I will enter short. My target more than 1000 pips. Hadi.
in this analysis we are seeing alot of things lining up for a gj short. we could see it now due to daily fractal and whole level rejection while being oversold also in the 2-2.618 fib extension 4hr zone. on the daily chart we could see more up move to the 154-156 bearish order block area which would bring us into an extreme sell off area. i am currently short. and...
We are looking for a completion of the D on this cypher pattern to come in around the 142.27. Which also provides structure to the left. With target 1 coming in at the 141.179 mark and target 2 coming in around the 140.157.
Fib level 38.2 in confluence with SBR. Short play idea: Short at 140.200 SL 140.760 TP 138.000