GBP can be the best trade starting from 4th may . It can be most effective to "GBPCHF,EURGBP,GBPNZD,GBPCAD and GBPAUD."
JPY can also be the best trade starting from 4th may . It can be most effective to"EURJPY,CADJPY,AUDJPY,CHFJPY and NZDJPY."
133.00 is the key resistance which can be seen on Daily chart.
A double top was formed during the past two days trading session.
Price has since trying it's last push higher.
I am anticipating a triple top to form, press the price lower.
My position :
Entry : 132.65
SL : 133.15
TP : 131.90
** This is not a Buy/Sell recommendation **'
** Please do your own...
Sell opportunity as we are testing down trend line on H4. On D1 chart there is a significiant resistant in area of 131. SL above 130 and first TP on last bottom 129.400
EUR JPY resides at the support areas More often It will go up High of 100+ pips chance
BUYING SIGNAL EURJPY OPEN PRICE @ 133.300
Take profit : 134.800
STOPLOSS : 132.800
Succeed ease with even RISK REWARD ratio1:3
On HTF this pair has shown to be bullish so the overall bias of the pair is bullish since its always a good idea to go with the trend and the RSI has deep in overbought territory to add as a filter. I will take the bullish cypher which has formed on four hourly of which is my trading TF.
EUR/JPY after a sharp correction from 125.8060 price manged to halt near support level 124.4190 levels now price trying to take momentum on upside, Traders can buy EUR-JPY @ CMP and maintain the stoploss of 124.2000 with take profit 125
Happy Trading
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After the Eurjpy trendline kiss and miss episode, it's time for action reply.
Go short on GBPUSD between 1.2410-1.2415 with s/l above 1.2450 for targets of 1.2358 and 1.2310
Currently we are in the corrective wave a. It just touched 0.382 retracemet near 115.285.
Once done it can start for the b wave. We need to check what corrective pattern gets formed.
![GBPCHF: Long GBP[great britan pound] and JPY[japnese yen]](https://s3.tradingview.com/j/J1xtDd7B_mid.png "Long GBP[great britan pound] and JPY[japnese yen]")
