GBPJPY and all other major forex pairs seem to be on a bearish trend. GBPJPY has closed at a major 4hr key level which may mean that the probability of going bullish may be a good decision if we get a good bullish engulfing candle. Currently, on the 30 mins timeframe, the price has closed below support and hasn't given a proper retest nor a fib entry. This may be...
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 reached the trend line and strongly rejected ... which I still look forward to.
Even if he can make another range, I expect GJ to go...
Long setup on this pair.
First, it is in an uptrend, so we can use this condition as a filter in which we discard any bearish position.
We then see the price go back to old levels and create a reverse shoulder head shoulder pattern.
A conservative and safe take profit can be the last high of the price, with a somewhat loose stop loss.
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As we can see, the price has reversed from its RESISTANCE.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing...
Hello guys I had done this analysis which in taking 1h support at trendline and its giving good opportunity to go lone with minimum sl at below support and also please do your own analysis before taking any trade if you like my analysis please like share and do follow for more analysis
my name is benickking iam going to tell one thing about my new llimit order day trading strategy ,
1st go to h4 and see ms
2nd go to 1h and see for break of a ms
3rd you wait a channel or any pattern to break and retest in this case liquidity and smart money trading used but with retail price action
market structure has beeen broked to the downside and then it has been acted as resistance so i took trade at it and i waited for a confirmation to come and i took that trade i kept sl at just abve the wick always trail your stop loss coz it may get affected by some ranges
