Gbpjpydaily
GBPJPY (D) SHORTHello, on the daily overall we want to see sells for this week but although I will want to see a proper bullish candle close outside the major trend lines for a proper break and retest. But overall the GJ is sited on 50% retrenchment level which indicates a reservation but also structure does it too show. Although I meant expect a small bullish movement before making the overall move.
But either way bears are so ready!
Share with me your thoughts.
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GBPJPY Swing Bearish Setup !!The GBP-JPY is trading in a rising channel
And the husband rises to re-test
The channel's ascending resistance line
We expect a bearish pullback, but because this pair is in an uptrend
The trade will be in the opposite direction of the first
We will have to wait for confirmation of the formation of a bearish pattern to confirm selling to target areas below at 156.000
GBPJPY (1D) SELLAs you can see, I drew a red line which is showing perfect form of divergence, as the market moves in three moves impulse, correction and continuation. Which is already happening on the 1 HOUR chart. If it doesn’t break tomorrow then wait for it to push to 155.098 then form a bearish candle stick . Lastly this analysis is based on market structure which is KEY!
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