Gbpjpytrade
GBPJPY: BE READY FOR NEXT IMPULSIVE WAVE.Thanks for Taking Interested in my Trading Idea.
GBPJPY: CORRECTION WAVE STARTED READY FOR NEXT IMPULSIVE WAVE.
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Note: This is only for Educational purposes; this is not investment advice.
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ANALYSIS ON GBPJPY ANALYSIS ON GBPJPY
Welcome to my analysis
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4HR CHart
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Interesting Point of interest In the GBPJPYpair.
- Price below 200 day EMA.
- Expecting pricegoing higher.
- Watch top for sell.
- expecting move to around 144.600 for TP1 and 147.80 for TP2.
- STOCH RSI showing bulliah divergence on other time frames
Welcome to my analysis
-
4HR CHart
-
Interesting Point of interest In the GBPJPYpair.
- Price below 200 day EMA.
- Expecting pricegoing higher.
- Watch top for sell.
- expecting move to around 144.600 for TP1 and 147.80 for TP2.
- STOCH RSI showing bulliah divergence on other time frames
FURTHER SELLING OPPORTUNITY ON GBPJPY I am looking out for price to move to the level of support marked around 140.168. From this level , price then has potential to retrace up to 142.239 before making new lows to meet our targets marked as take profit one and two.
Always manage your risk, risking no more than 2% on the trade.
Stop loss, take profit levels and entry point have been marked. Trade will be updated accordingly.
Wishing you all a good trading week.