Gbpjpy short + entry point Supplyanddemand Elliotwaveanalysics Wychoff All are involve First TP is 2RR Second TP is open.
GBPJPY has Risen After GBP DATA RELEASE ! Therefore the the zone in which it just entered can encounter a long Potential REVERSAL from the ZONE .
In case of formation of Hayden Diver of negative sex according to stock stick in the same time frame 15 minutes 20 pips Excellent profit R/R:5
What do you guys think? This will drop as soon as it reches the supply zone bove................ For me no qualms as off taking it higher after a retest of that really minor resistance turning support zone. And then ride it down from the top... . . . #GBPJPY #GBPJPYSHORT
21st daily bar is key reversal bar indicating weakness ahead. jpy oversold in daily time frame. if 22nd bar closed off the low will be additional confirmation for weakness. may use sell stop below 21st daily bar low and sell limit orders 157.60. Target 154.30
GBPJPY is approaching very long and high resistance zone, and also shows the start of a downward movement, you can do a short sell here and stop loss will be just above the resistance zone, if it breaks this resistance we will further buy it and if it comes down as expectation, we will sell further seeing the movement. ........ Thankyou!
GBPJPY ! TWO TRADES 25%! I just followed the order flow! Follow us for more trade setups
A Trade To Start Your Week The Right Way: High Probability Sell Trade With This Pair: TP 1 $ 2 Indicated By The Yellow Line... SL On Chart...
This is the time and place to press this one! The Weekly
Along with the yens strength, GBPJPY has a high probability of a sell opportunity.
This is likely drop to 132.50, on it's way to 110.00! It's already wicking here, like crazy!!
WELL I THINK ON THE WEEKLY WE HAVE REACHED THE TOP OF THE CHANNEL AND ON DAILY WE HAVE LIKE A BEARISH FLAG PATTERN AFTER A VERY BIG DROP DOWN AND WE ARE AT THE 61.8 FIB LEVEL.LOLS IM OPEN FOR CRITICS.SO WE SHOULD AT THE END HAVE PRICE GO RETEST THE PREVIOUS HIGHS GIVING US AN M FORMATION AT THE TOP AND THEN DROP FROM WAVE C TO WAVE 4 OF OUR ELLIOT WAVE TO COMPLETE...
I saw a strong resistance line that price reacted to. It reversed 4 times, and this 4th time is definitely going to be the next bearish reversal move. First TP used to be a resistance line, now it broke out of it. Chances are, once price reaches that level, it will bounce back, so that's my first TP. Second TP is actually this week's close. Price, on a weekly...
I like to get in and out of the market! After analysing this pair you can get a quick 35 pips!!
Several touches and rejections of the descending trendline as well as the 50MA. Currently sitting in the golden pocket of the fibonacci.
Previous target reached. Waiting for a retracement to enter another sell position. A
Possible support at 132..50 +/- if there is a break to the downside.
Wedge pattern and price is near the resistances level.