SEE THE ANALYSIS, IT is evident that the price is moving in Descending triangle after breaking major support line and retest it successfully. also the Lower side of triangle formed at 61.8% of previous bullish trend. Trading tips: (FOR MID TERM) Sell GBPJPY @162.500 - 163.300 TP1 @158.300 TP2 @156.500 TP3 @153.700 TP4 @149.600 SL @165.000 ...
Break of support. Heading towards channel end. (GBPJPY 1H Bearish Direction)
Shorts on gj at 162.7 Stops above 162.85 Targets at 161.50 and further continuation
formed double top pattern in daily chart. waiting for an entry for short. Use proper risk management. Thank you
We forecasted GBPJPY, that we want it to react from the Orderblock area. Also we projected price path where we wanted price to create a short term high than break it to reach the OB, and the market did what we expected. Currently The Trade is Running 138+ Pips with 1:1.6+ RRR!!
GBPJPY Made Head & shoulder pattern and broke the neckline . Now is the time to short the pair. Risk to reward is 1:2.4.
Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
its ohk to miss the move but not learning the missed move is not at all acceptable. The pair is GJ
GBPJPY 1 H to the support zone, rejection on 0.5 Fib level. Might retest to the support
Took loss in pre NY, anticipating volume in pre NY...keeping news in mind
potential buys above 163.014, the london open candle should wick down and then break that price point..
I am gonna put Buy stop and sell stop below above the 30 min candle just right before the news is published , gonna take the lowest risk and enjoy gambling with risk management ! :)
if 1hr closes below 161.210 then potential sells TARGET will be 160.030 .
expecting 5 move up in gbp/jpy ..lets see time will tell you tomarrow
Setup Contains: 1. Extreme Mitigations 2. Break of Structure 3. Return To Orderblock (Expecting) FOLLOW PAFX & TRADE LIKE BANKS 💸