Gbpjpylongs
Buy GBPJPY Day Trading: Range 148.900 - 148.500Buy GBPJPY in range 148.500 - 148.900
SL: Below the zone and add 10 pips to SL
TP: Resistance levels in Yellow
Technical Analysis Reasons.
1. Entering my Assassination Zone drawn between the ranges given
2. Buying the Pound at its lows and sell high
3. Double Bottom
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GBPJPY GROWINGGBPJPY
The price seems to be walking on a channel and right now im hoping for the price to break the small dotted line to touch the bigger channel which is a daily channel that has respected before as a floor, after that im hoping for the price to grow and reach the middle line.
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El precio parece estar dentro de un canal a la alza y en este momento espero que el precio rompa la linea pequeña para volver a respetar la linea punteada mayor , ya que esta linea ha sido respetada antes como un piso en el canal en temporalidad diaria, después de esto espero que el precio vuelva a subir y toque la linea media.
GBP JPY perfect Wyckoff Trading setup Welcome!
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Trade Setup
i) we had a long downtrend towards very strong support.
ii) The Blue lines indicate the Accumulation process on the chart. This confirms that the market might be accumulating at this point. The
breakout through the upper level of the Accumulation range confirms the end of the Accumulation and the beginning of the uptrend.
iii) Currently market is in Wyckoff spring point, a perfect Wyckoff trading strategy..
iv) we can enter long once market breakout of the blue line with SL below Wyckoff spring.
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