Buy with SL of 139.750 for target of 141.5
Welcome Back traders! Euraud providing us Good short opportunity 💪🏻Price has broke 4Hr channel and had a retest at week closing.Highly Recommend to take this trade.please feel free to Message me for profitable trades and account growth. Thank you
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (139.0). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (138.95). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
1) Wait for the price to reject at the entry range and take long position accordingly 2) If broken down , check for 4H candle close below the buy level to go for a SHORT POSITION . 3) May wait for trendline breakout and retest for more confirmation . 4) 4 Targets are given . targets 3 & 4 might be difficult to achieve because of the trendline . trial your...
Clear buy as the price has come to strong level of support Entry 137.90 Sl 137.50 Tp 139.45
hey gouys iam seeing a channel pattern in 4h and it has been broken so the market needs to complete and it needs to prove that channel brak is strong so it should go down and iam seeing an entry of support which changed into resistance later so its also called as bounce and the other famous tool called Fibonacci is proving that the resistance is maded and it is...
Hello Traders, Here is the Top-Down Analysis of GBPJPY (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 26 Oct M > Market is respecting downward resistance trend-line. Price faced rejection at resistance level and moved down. Price dropped to complete W formation. W > We saw an M formation and expected price to rise up to test the neck...
Suggestion: BUY GBPJPY AT CMP 135.65 SL BELOW 134.90 TGT 136.80 ELSE SELL BELOW 135 TGT 134 SL ABV 135.65
3rd wave has started in GJ. We can expect the target for 3rd wave at least equal to the wave 1.
Hi guys, I took this trade a couple of minutes ago because it seems the pair is ready to push higher to its next resistance level which is a strong supply area (confluence zone). Price is also currently above its pivot + VWAP. I opened long my trade @ 135.740 and I will target the 136.400 area, so a potential 60+ pip trade. If it breaks I will look for...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (134.85). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPJPY is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
WILL LOOK FOR SELL ON BREAK OF THE PATTERN
the daily right side is down against 156.78. The 4-hour right side is up with a bullish sequence against 131.71. While above 138.20 where the hourly right side is up with a bullish sequence it can see a swing higher toward 147.38 before ending the cycle up from the March lows Sell @140.90-141.10 TP: 140.10 Sl: 141.33 Good luck !
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (139.65). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPJPY is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
Pound against Japanese yen, has completed the week rejection candle (Shooting star) in weekly chart, it indicates the price stopped go above the last week open, price may attracts towards 138.500 area .. note - price action analysis done only for education purpose, predictions are subjected to change..
The past week we clearly see several retest on the Gbpjpy resistance levels and before the market closed last week we clearly see a break and rest of our previous resistance which has formed to be out newest support. With this clear break and retest i expect a good buy.