Spotting bearish signals on GBPJPY: A bearish channel and a potential head and shoulders pattern emerging. Waiting for the right moment to execute a trade at the Right shoulder. #ForexAnalysis #BearishTrend
GBPJPY Forecast: Holding strong and aiming higher. Keeping an eye out for opportunities to push the exchange rate towards 192 yen. Let's ride the wave! 📈
If price breaks above 173.645jpy i will look for longs at the right shoulder of an anticipated inverse head and shoulder pattern to continue the bullish trend
we ended the week with a hammer candle. I will be expecting a retracement to the key level before looking for longs
Judging from the daily Timeframe, GBPJPY is a bull market. So i will be looking to join in one the market trend.
I will be looking to catch what i think is the last swing before the drop
i will be expecting price to come fill this gao and then continue to the upside
Next week will be interesting. I will be looking to continue the trend to the downside
I will be expecting a bullish continuation to the upside as price already communicated a double bottom and followed it up with some higher highs. I am expecting this swing to be the range-breaker
Price broke structure and trendline communicating a trend shift. I will be looking for further confirmations to confirm the trendbut for now i am bearish on the pound
Here comes the bullissh continuation after a few choppiness!! i will resume my search for buying opportunities
Price has broken oyur yearly high. i see a huge trend emerging
Price has resumed its longterm trend on the bullish side.I will be looking for opportunities following that
i can see a shift in direction as price made a new high at 167.943 but also printed a huge rejectiion and sinnce then failed to break or test that price region. price also broke through the bullish trendline. I will be looking for bearish opportunities
Price failed to break 159.441 and also communicated an inverse head and shoulder pattern. i will be looking for buys
Price is on a strong bearish trend i will be looking for sells
Price has now communicated a head and shoulder pattern as well as a directional trendline break. i will be keeping an eye out to see what price does .For the timebeing i am bearish on the gbpjpy