We are currently trending bearish. Price can push up 61% fib level n continue dropping or we can get a deeper retracement, just have to wait and see what price does really then react. FX:USDJPY
We are currently trending bearish. Price is at a double bottom right now, so we can wait to see if we get a rejection or a break of structure of a sell continuation. OANDA:USDJPY
The buyers are getting exhausted... Waiting for sellers to step in soon. we have at least another push for a nice entry to presents itself. Check DXY Index for confirmatiion.
GBPUSD BUY Update. TP1 Hit Expecting a pullback to the 1.33631 area then we could have a potential Buy Opportunity.
We have a chance to continue to drop all the way down to a support level.
Currently, GBP/JPY is testing the support zone of 151.000 and the next resistance zone is at 152.615 Look for short-term buying opportunities of GBP/JPY if it bounces off the support zone of 151.000.
As we see, EU retracing to support. We could for it to reject and form a head and shoulder pattern. I'm bullish on EU.Two potential entries for now. Enter at support and neckline. Just wait for the entires confirmations.
We can look for long positions on GJ. We should focus on each zone as we progress throughout the trade.
Great opportunity to look for a long position on EURUSD. Let's wait for confirmation.