GBPJPY has broken the trendline, clearly it has a downside on 4 hour time frame levels to watch : short on these entry's 185.790 185.289 184.702 target should be the next support line !
- Price is in a wedge, at some point price should break wedge for upside continuation - Price is at a resistance area where there was a strong push to the upside - There is also resistance in the wedge which i hope turns to support, to support my idea
look out for shorts and long in the zones, marked the support and resistance levels.
Here is the chart of gold, if gold breaks down below 1902 support zone, sellers will take it further down on weekly chart basis, GOLD ANALYSIS : SUPPORT ZONE - 1902 SHORT ABOVE 1919 LEVELS, ON 30 MIN TF.
GBPJPY is sell to fall, there might be profit bookings in coming sessions. I have two setups, one is 15m and 1hr timeframes. look in the chart, once the bearish trend start its set to fall. happy trading.
EurUSD have been dropped heavily from the top. There might be an upside from 1.7483 with a tight stop loss of 1.7300. my targets will be : TP1 : 1.0827 TP2 : 1.0849 TP 3: 1.0904 HAPPY TRADING. NOTE THE RISK REWARD RATIO IS GOOD TO HAVE THIS TRADE, BUY ABOVE 1.7483 TO 1.7555 LEVELS. LET SOME 15 MIN CANDLES CLOSE AND ITS GONNA GIVE YOU THE BEST RESULT.
i have analyzed this chart, please note if it breaks make an entry with for the right moment it can happen in 1 hour or 6 hours time frame.