Gbpjpybuy
TAKE PROFIT LEVELS ACHIEVED & WE LOOK TO GO LONG AGAIN - GBPJPY Hi all,
I have attached our previous analysis below where by price achieved our take profit levels. GBPJPY overall is still looking bullish so we may have another opportunity to enter long again. i will be looking for price to move bearish first to our marked entry before we see a potential bullish impulse move.
Entry, stop loss and take profit levels have been marked,
DO NOT risk more than 2% on this trade.
GBPJPY potential bounce!
GBPJPY expected to reverse up to 1st support at 131.744 where it could potentially react and bounce to its resistance at 1st resistance at 133.189.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY - Long Signal - Elliott Wave Analysis (May 2020)GBPJPY completed the complex Triple Three correction within Intermediate (B) (green).
Bullish INtermediate (C) (green) should commence.
Technicals in favor:
- Bullish Divergence
- Fractal Sequence
- Descending Channel (bull-flag)
- 50% FR of Intermediate (A)(green)
- FR & FE Confluence
- Bullish Harmonics
* 61.8% of the Intraday rise should be holding.
GBPJPY - BUY Signal - Lionheart EWA
- Entry @ 130.35
- SL @ 129.00
TP @ 133.50 / 135.00 / 137.00 / 139.00 / 140.00 / 141.00
Many pips ahead!