Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
in GBPJPY today not any news so go with trends and as per mention details of sell enough for take sell side liquid so its take sell side liquid and then go to continue at tp.
during NY open its take sell side liquid
Retracement upto fib 0.618 and bullish move is
expected now
entry , stop loss and targets all are shown on chart
Plan your trade accordingly with proper risk management
GBPJPY
FORMS MONTHLY SYMETRICAL TRIANGLE
WHICH IS VERRY BULISH
Once it retress on trand line
than one can enter LONG
Risky trader can also enter now
ONLY FOR ADUCATIONAL PURPOSE
GBPJPY can make a reversal and going down to 169.500 and below which we may see the actual trend bearish or it's just a correction . So , to be on a safe side with the stop loss above this week's high and target at the above price .You can get a great risk- reward .
Enjoy trading
Trade only with what you can lose
Happy week
Hello Friends, here we had shared possible Elliot wave counts of GBPJPY on hourly time frame chart, in which wave structure says that currently we are in wave (c) of wave 2 of wave (C) of some complex correction heading towards north, on bigger scale post (C) again we may start journey towards south directions, Right now on hourly chart we can assume that we may...
Bullish structure with Yen Index Shorts
Buy above 166.600 for 168.800 shorter term before any shorts
rest we will wait for the Monday London session moves for more clear
After hitting a important POI zone shows some reaction on downside but this zone breaks with bullish move.
I specifically wait for choch bt thers no choch.
Bulls are aggressive to long the currency.
So possible buying high POI zone marked on chart.
As on previous analysis trade is going on buy side.
target is on the chart p.
Next poi short term sell zone high POI zone marked .
tag the previous post go and check
gbpjpy showing pullback for the 4hr time frame previous high liquidity sweeps,
next high probability zone is here marked in chart for buying.Due to short term uptrend we go for possibly buying zone.
