We no have completed the break through of the neckline I’d head and shoulders reversed and I’ve put rectangles on the head and shoulders and right now we are seeing a test of the neckline ready to prepare for rise
sitting on 0.618 fib hoping for the rejection then longs will be in place a reverse head and shoulders too!
we have long opportunity here sitting on 1hour trendline and 0.6148 fib level 4H
Going short here as theres a confirmation of rejection of 0.618 fib level. Target 131.700
nzdjpy has hit a demand zone and is looking to form a reverse head and shoulders will be looking for long entries
just another idea looking at both perspectives the break of the wedge will make me go long if not ill carry on short
SHORT to 1594 i see price trying to create structure at 1594 then creating a right shoulder to then reach lows of potentially 1557
i see here a strong gold going short as the next level of fibanocci is key at 38.2 percent I see a test on this level which will catch around 20 pips and if we break through 38.2 I see us hitting 61 percent fib and hitting areas between 1461-1465 around 100 pips in long run
I see GBPJPY hitting 100 percent fib level now after smashing through all the other levels a 100pip short movement is highly possible to previous swing low and 100 percent fib support level! targeting 142.500 sl - at 144.500
Go long sitting on 38 percent Fibonacci and forming a wedge pattern looking for targets around 100 percent Fibonacci around 150pip profit if executed
GBPJPY had a bounce from 100percent fib level back down to test 60 percent fib level very likely to hit 100percent fib level again and possibly pass through to go long .
GO SHORT CURRENTLY TOUCHING KEY RESISTANCE H4
Trade plan executing a W formation BASICS! Hoping to finish the W around 1472 zone
As soon as we break 1456.70 on M1 timeframe GO LONG big rise anytime soon