INFLACTION EXPECTED TO COME DOWN FROM 10.1 TO 8 WHICH IS GOOD FOR CURRENCY STRONG SUPPORT BELOW 200EMA IS BELOW THE PRICE BEST 1:8 TRADE Forex factory analysis link below
Hello Friends, here we had shared possible Elliot wave counts of GBPJPY on hourly time frame chart, in which wave structure says that currently we are in wave (c) of wave 2 of wave (C) of some complex correction heading towards north, on bigger scale post (C) again we may start journey towards south directions, Right now on hourly chart we can assume that we may...
All major points are mentioned on the chart itself... These points are as per previous chart history with my calculation... Do your own research before entering into the market... Thanks for your support...
Set Buy Stop @ 161.017 with TP1 @161.344 TP2 @161.000 TP3 @161.275 Alternatively, Set Sell Stop below 160.530 with Stop Loss 161.000 TP1 @160.204 TP2 @160.007 TP3 @159.807
All buy/sell points with TPs and SL are mentioned on chart... You can observe the candles before quick trade setup... For accuracy of my forecast, you can check my previous chart of GBPJPY in my profile section... Please do your own research before entering into the market... Thanks for your support...
All selling and buying points are mentioned on the chart... Be prepare for huge profit... Thanks for your support...
All Major Points are mentioned on the chart itself and this forecast is valid till next week... Do your own research before making any trade setup on either side... Thanks for your support...
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Breakout of a triangle pattern with having demand as advantage.
GBPjpy for long - pulling back from Demand zone - expected to go the resistance draw for more details see the chart
The market may move in either two directions: 1. if the candle closes below 152.9 the target is 148.9 2. if the candle is closed above 152.8 and the price is increasing the target is 157.43 THIS IS JUST FOR EDUCATIONAL PURPOSE. THIS ANALYSIS IS NOT FOR FINANCIAL PURPOSE.
After long time, again started the trades. Expecting shorts after that big push on last week!
gbpjpy up nice fib rejection then fly to up side 1:9.5 RR with 0nly 5 pip sl all tp hit
nice up treant and rejection of golden zone on fib also there is most probability to boom up side to 151.36
Based on previous analysis of GBPJPY the trade was opened and performed insane 📉 still running with 100+ pips more counting! This is the 3rd winning trade in 1 week of my analysis FOLLOW FOR MORE! ALL THE BEST!
Add GBP/JPY in your watchlist, it seems it is ready for a potential down move 📉 Things to consider: 1. Big impulse last month, now taking breath 2. Traingle Formation 3. Hidden Divergence in RSI 4. Latest COT report : GBP - Long 43k Short 43k (neutral) JPY - Long 30k Short 85k How to enter: 1. Study the chart as shown in my analysis 2. Wait until trendline is...
Gbpjpy the forecast has a !:5 RR setup. Entry at: 150.982 Target:152.903 Stoploss:150.674
Expecting shorts from here! Have set sell limits and waiting for trade to enter!