The 4 Hour right is up against 126.54 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . The correction of the cycle lower from there ended at 144.60 & while below there another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect the pair higher again.
The 4 Hour right is up against 126.54 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . While above 140.79 where the hourly is turning up a bounce to correct the cycle lower from there can develop. While below the 148.07 highs another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect...
As we forecast Düşüş trend for this day, so Forecast City suggests sell (limit) below R1=143.75. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=142.85. TP4: S2=142.35. Set the stoploss of these orders at breakout of R2=143.95. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=142.6. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=143.45. TP4: R2=144.35. Set the stoploss of these orders at breakout of S2=142.3. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
after a retrecement gbpjpy may go down double top,M formation also conformed
The 4 Hour is turning up against 126.50 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . While above 140.81 a bounce to correct the cycle lower from there can develop. While below the 148.07 highs another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect the pair higher again. Shor...
Here we go Here we go here we gong Long Lads Long out side the breakout of this pennant Brexit is a done deal time for GBP BULLS
this is a stop order wait for the conformation that stoch need to crossover and going towards down,rsi also if macd shows a divergence then increase the tp
As we forecast downtrend for this day, so Forecast City suggests sell (limit) below R1=143.4. But the short term forecast is range bound, so we expect to reach the following targets: TP3: S1=142.05. TP4: S2=141.25. Set the stoploss of these orders at breakout of R2=143.6. Stop and reverse: If trend gets reversed, buy (stop) orders will be opened at breakout of...
GBPJPY IS CURRENTLY IN A DOWNTREND WHICH IS MOST LIKELY TO CONTINUE TILL THE LAST SUPPORT LEVEL GIVEN. TRADE BETWEEN THE ZONES AS PER THE CONFIRMATION OF THE CANDLES. TRADE SMART.
Top down approach. Monthly-Weekly-Daily-4Hr for direction. Price Action for momentum.
GBPJPY COME IN TO MAJOR RESISTANCE AND IN D1 CHART GIVEN A PINBAR CONFIRMATION, LOOKING IN H4 CHART GIVEN NICE ENGULFING CANDLE......... BE aware of ELECTION on thursday use small lot size