Hello Traders,
Hope you all are doing good!!
I expect GJ to go Down after finishing this wave.
Look for your SELL setups.
My charts explains the reason if you are aware of the wave analysis. If not, then contact me and I can patch you up with the right people.
Please follow me and like if you agree or this idea helps you out in your trading...
As we have covered in the previous post the bias for GJ over the next couple of days is bullish, During the NY session Price pulled back to test previous Asia resistance/ 30m structure, with a rejection and decent bullish volume we have an entry with a risk to reward of 1-3. Entry taken on 5m time frame largely visible double bottom at previous Asia resistance.
GJ has held a price range between (168.78 being the upper limit and 159.5 being the lower limit) for roughly 110 days. We have seen out first break out of that to the downside was met by enough bulls to push it back up into nearly the middle of the previous range, with these bears answered I look for the bulls to continue up towards the top of that range to test...
GBP JPY if it breaks the area as shown then a potential buy for the next orderblock can happen.
wait for the confirmation and then jump. Patientence pays
Take trade at your own risk.
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said last weeks ... GJ retested the area of the trend line from where it rejected and stick to the same idea of massive SELL in the next period
just a weekly...
We can see from weekly that volatility became apparently small since 2017.
weekly
140.000 - 155.000 Both of the upper and lower of the range are blank.
Therefore, if you go outside one of the upper and lower ranges, it may be possible to expect volatility to recover.
Since it is the most recent range, I will aim for both long entry and short entry as...
