Price has now communicated to us an inverse head& shoulder signifying bullishness. I will be looking for buy setups
Waiting for fresh low to be created before looking for selling opportunities
I am waiting for some action around162.575 in order to join the trend. For the time being i am still bearish on the pound .
Price has shifted it's trend to bearish and has communicated a head & shoulder pattern. So i will be looking for sells below 164.803
The bullish trend has resumed so i will wait for pullbacks so i can join the party.
Waiting for price to break above 166.218 to look for short term longs. For the time being i am buillsh on the gbpjpy
If price breaks 159.628 i will be looking for medium term sells
Hello this is my first post in a longtime but i am finally back. I trade only one pair now and its the GBPJPY.its good to master one pair than be a jack of all trades. I have been profitable on this pair over the years hence why i am sticking with it . the setup: the pound has shifted to bearish , price is at a key support level so i will wait for a retracement...
previous analysis was respected , i will be looking for the same thing , a break and retest to the upside