Hey there!
I marked out 1H Order Block and 15 Min Order Blocks Yesterday Night and i forgot to Publish....Sorry For that!
The trade is still running with profits And you can still take a trade with stop loss below the recent swing low and target at Daily High!
Let's see how my idea works!
Comment your Feedback Below!
Let's Have a wonderful Trading week!
BOOM!!!
GBPJPY 1D TF
An Ascending channel can be seen with Higher highs and higher lows being formed again and again,
It is once again near the lower support line and a reversal should be seen now!
A good entry can be Taken now with a Safe SL at the previous swing low
A good target can be achieved over the previous high and a new high should be coming now!
SELL only if...
An impulsive move of 5 waves up & a 3 wave correction, suggests that GBPJPY is ready for another impulsive wave as a wave 3 . one should buy the pair on current levels with SL of 153 for tgt of 155.2
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (153.09).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said last weeks ... GJ retested the area of the trend line from where it rejected and stick to the same idea of massive SELL in the next period
just a weekly...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said last weeks ... GJ has already made 50% of the descent we were waiting for!
Even if it will probably retest the trend line ... my target for the next period...
