British Pound / Japanese Yen

GBPJPY

Double patern- maybe I will try to sell d point from butterfly patern

GBPJPY pair is on high resistant areas a chance of 100+ pips down might expected...! on breaching the resistance might increase the chances of going up....!

GBPJPY pair forms negative bias to go down and stochastic level also shows that overbought level and another confirmation of Bearish divergence makes the pair will down today & tomorrow

GBPJPY pair breaches the support and in overbought condition so it will move down 150.500 areas Sell GBPJPY 151.750 Take profit: 150.500 Stoploss : 152.400

Price have to come into the Zone then POTENTIAL SELL OPPURTUNITY

gbpjpy long sell let wait for breakout gbpjpy long sell let wait for breakout gbpjpy long sell let wait for breakout gbpjpy long sell let wait for breakout gbpjpy long sell let wait for breakoutgbpjpy long sell let wait for breakoutgbpjpy long sell let wait for breakoutgbpjpy long sell let wait for breakoutgbpjpy long sell let wait for breakoutgbpjpy long sell ...

GBPJPY_240M_Short

GBP JPY will be on retesting 146.80-147.00 areas and then it will move up around 300 pips + GBP JPY BUY Limit : 147.00 Take profit : 150.00 Stop loss: 145.80

after the break of red zone,

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

this look very bullish and use a recommencement to enter longs, very likely to see 160 - 162

GBP JPY Bearish opportunity even more as analysis of moving averages of intervals 10,20 and 30 such that heading towards the collision between them which leads to bearish for some time MOVING AVERAGE COMPRESSION WAVE CONCEPT

Trade of BUYING at support areas will give you profit more than 90% chance

GBP JPY swings within these areas for the past recent inferences For ideal trades Buy at the bottom of the region and sell at the top of the region

GBP JPY analysis indicates the last observations appeared to be sine WAVE like oscillation of the values in between the rectangular areas BEST TRADE for now is Buying at the bottom of the area and selling at the top of the region

GBP JPY analysis as more of the observance lasts in the rectangular zone So Buying at the moment will make a chance for profit

GBPJPY may be ready to break upwards out of a cup and handle formation above 151/151.5 range.

GBPJPY moving as i marked up already Trading is easy and clear when you look for long timeframes Everything is MARKET STRUCTURE and it repeat historically Wait for perfect candle stick pattern to enter and close the trade "NO INDIACTORS"