I just see a repeat of the past plain and simple. Wait for the break out
looking for gj to give us some push back to support and to finish this head and shoulders pattern.
Critical level : 142.688 Preferred Sell zone : 141.928 - 141.6
147.943 must be breach before bullish clear movement is confirm, I see some extension in area marked before GJ could start bearish movement. Any price action will be monitored closely in area marked. Good luck !
Assalam and good day guys ! Looks like GJ already turn into our favor, all trading is active and we will hold the trade and stay baerish. Our strategy, -Place stop loss above 144.540 Thank you and good luck !
Assalamualaikum & hye ! Clear downward structure i-ii-iii-iv-v developed at hour 1 time frame. I assume they could be some pullback to get any order left behind to continue short this pair. Our strategy 1) Sell rally, sell any rally movement 2) Mark invalidation as our risk price - 144.540 3) continue protect your profit hope its help ! Thank you !
See chart anotations. Anticipating a temporary short for the GBP into a long swing. Tight stop losses bc of supply and demand zones. Will be updating this as market structure forms.
I will be looking for downward momentum on lower time frames as long as we are bellow the support at 139.600 For aggressive entries would be any price above 139.600 with stops above today's highs of 139.846. This comes with high risks of being stopped out, Proper money management required here. GJ is only safe for intraday trading during this brexit uncertainty,...
GBPJPY Potential Daily Swing (Short) Weekly Swing Trendline aligns w/ Supply Zone, Fib Levels (.79), and Institutional S/R
Wait for wedge to break and retest, Aggressive traders can take position with stop loss FX:GBPJPY
It gave us a symmetrical triangle so we wait for break and then we eat that drop
Check out GBPJPY, I think we may get a significant pullback, then a continuation short