Hello Trades, Welcome back to another GJ analysis.Overall bullish trend, so positively our buy entry shall give us a good result.Ensure that you use proper risk management with given StopLoss .Please feel free to Message me for your account growth and profitable trades. Account management is offered .Thank you.
Hey Guys! Hope this has been a great week for you all! As we have seen a strong bullish push on GJ, Hence am expecting the price to push more further to 137.00 by the week close. There was good retest at current support level. Hence we can enter this trade now
Hey Traders, Welcome back!Hope you all are doing well. As we can see GBPJPY is in a upward trend, the price shall make a move back to current support level for a retest and then we can enter the market in buy side for a good Risk Reward Ration of 1:4 .
The 4 Hour right is up against 126.54 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . While above 140.79 where the hourly is turning up a bounce to correct the cycle lower from there can develop. While below the 148.07 highs another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect...
on monthly priceis ranging between monthly midrange zone and lower monthly zone.....price is in exortion mode...the cycle is push-exortion...meaing mnthly retesting!on 4hr market is in downtrend..their is an exortion mode... and lso double bottom formed......hope u guys lyk this idea.....there is lot more to explain but i can't explain it by typing sry.......
From our analysis, GBP/JPY completes the triangular pattern & Elliot waves It is expected to go up 0.318 retracement @147.128 after then price will decides the action.
GBP JPY resides at the main channel support@145 region....! Buying now will make a chance of more than 200 profit pips in a trade