the price is standing at a pretty strong area of resistance that might push the price downside
Hello,Friends! We can see that GBPJPY is about to fall Based on the current price action Overall, the market sentiment is bearish right now And I can see smart money entering shorts So we will sell too! Like and subscribe and comment my ideas if you enjoy them!
Took daily/4H High out. Might just continue lower to fill the next zone at this point but potential short on the premium side of the dealing range.
Hi all , as we see in the chart there is a strong buying pattern on the USD/Cad pair on the daily time frame , so it"s a good opportunity to long d'ont miss it .
Price is testing resistance where a break above this level could see a further push up.
GBPJPY is facing bearish pressure and a break below its downside confirmation at 136.539 where it could potentially drop further to 133.992. Trading CFDs on margin carries high risk.
Price is facing bearish pressure from our Ichiomku cloud and 20 EMA where we could see a further drop .
The Breakout Opportunities system has just sold GBPJPY at 142.266. The system recommends entering this trade at any price between 142.014 and 142.417. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.627, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour...
GBPJPY broke out of our first support where we might see a further drop in price to our first support level. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
Price is approaching our first resistance where we might see a drop to our first support.
Price is approaching our first resistance (horizontal swing high resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (horizontal swing low support). Ichimoku cloud is also showing signs of bearish pressure, where we might see a corresponding drop in price. Trading CFDs on margin...
GBPJPY is approaching our first resistance at 140.58 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 135.88 (50% Fibonacci retracement). Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price. Trading CFDs...
GBPJPY is approaching our first resistance at 149.30 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 140.80 (horizontal swing low support, 50% Fibonacci retracement). Stochastic (89,5, 3) is also approaching resistance where we...
GBPJPY is approaching our first resistance at 148.39 (long term descending resistance line, 100% Fibonacci extension, 61.8%, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 145.59 (horizontal pullback support, 38.2%, 50% Fibonacci retracement). Stochastic (89,5,3) is also approaching resistance...
GBPJPY is approaching support where we expect a bounce. Buy above 143.08. Stop loss 141.21. Take profit at 146.20. Reason for the trading strategy (technically): GBPJPY is approaching our support at 143.08 (Horizontal overlap support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where we expect price to bounce above this level to our resistance at...
RETEST IMPORTANT TO FIRST REACH THE AREA SUPPORT FOR LONG AFTER GOING IN GBPJPY.
due to the visual observation of rising intensity contrast down,short it in the 5th wave