The GBPJPY currency pair has been attracting attention recently due to its notable price movements and trends. Traders are eyeing potential opportunities for short positions based on technical and fundamental factors that suggest a bearish bias. This analysis aims to outline the reasons behind considering a sell position on GBPJPY. A clear bullish trendline has...
Breakout and retest strategy ----‐--‐--- Like, comment and follow for more juicy trading ideas
Breakout and retest strategy Like, comment and follow for more juicy trading ideas
Potential downside move... Previous daily candle closed as a bearish engulfing candle at a resistant zone ---------- Like, comment and follow for more juicy trading ideas
XAUUSD is on a pullback journey to 1919. If this pullback is successful, price will push down to 1909 and below ---------- Like, comment and follow for more juicy trading ideas
Like, comment and follow for more juicy trading ideas
Like, comment and follow for more juicy trading ideas 💡
Like, comment and follow for more juicy trading ideas
Like, comment and follow for more juicy trading ideas
I see a breakout and a retest confirmation 📉 --------- Like, comment and follow for more juicy trading ideas 💡
Price broke below the trendline and also respected the immediate resistance level. We expect price to push down if it does not break and close above the resistance level --------- Pls like, comment and follow for more juicy trading ideas
This guy moved in a ascending chanel from 1.81000 - 1.91500. We waited for price to break the ascending chanel so the bears can come in and go short... Guess what!!! It did! Now we need a sell confirmation👍 Hmmm price retracement would be a good confirmation. If this guy plays his retracement cards well and respect the immediate resistance level, we could see...
Price broke the support zone on 4hour time frame... thus, price has the potentials to push down if it does not close above the support
A breakout occurred on 30mins time frame thereby giving price the potentials to push down
Price broke the previous H1 support level and made a retest If price has the potential to drop if it does not break and close above the support level