[b]GBPJPY – trending depends on breaking this range and Gbp perf
Updated
GBPJPY – trending depends on breaking this range and Gbp performance.
Trend: Strong Buy
Price action:
Buyers still didn't show any power. If we compare lower timegrame, then sellers are in much better position in compare to buyers. Overall market is still in buyers trending, but in any chance be aware of any break that wil happen.
Potencial trade idea:
Bulls targets:
T1 = 140.699
T2 = 143.270
T3 = 145.741
Bears targets:
T1 = 137.227
NOTE – We are trading GBPJPY via the preferred trading setups
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
ELITEFXACADEMY
Trend: Strong Buy
Price action:
Buyers still didn't show any power. If we compare lower timegrame, then sellers are in much better position in compare to buyers. Overall market is still in buyers trending, but in any chance be aware of any break that wil happen.
Potencial trade idea:
Bulls targets:
T1 = 140.699
T2 = 143.270
T3 = 145.741
Bears targets:
T1 = 137.227
NOTE – We are trading GBPJPY via the preferred trading setups
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
ELITEFXACADEMY
Note
Looks nice. Even if you're late, breaking method for advace knowledge is enough to get back on the track :)Note
still waiting for breaking. If the price will come down t ofirst support we'll wait for holding at this point before decision
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