GiyuuuSan

GiyuuuSan

FYI DYOR GBPJPY try to make handle, and completely cup and handle pattern. After made 2 higher low, in last week. Price will retest fresh supply above 200 again

GiyuuuSan Updated 

My POV -Price can't move more deeper, Demand area hold price -Divergence in h4 -Neckline in D1 and weekly, maybe retracement to make HnS or QM (if price can move more higher tak right shoulder HnS)

GiyuuuSan

After failed break last supply with FOMC news, price looking more demmand. Wait in last fresh demmand. If broke you can try to execute QM setup

GiyuuuSan Updated 

Price had broken last supply, wait and see price back to last demand. 2 option -If broke, price can down more deeper. -If can hold box demand, price can go higher and targeting fresh supply

GiyuuuSan

Break trending in H4, and made new swing low in D1. Price will fill chanel and will make new higher low in D1 (HH>>HL>>HH>>HL) In weekly, few weeks ago price met support from trendline weekly NFP can be trigger to this pair, my POV target price can touch 206, but beware in area 200. DYOR #GBPJPY

GiyuuuSan

In daily price make last step to complete 3 resistance, just wait break out and calculate your own risk For comfirmation, see in weekly chart. More clearly, if you can find retracement in weekly performing rising wedge in daily Maybe need triger in jackson hole symposium

GiyuuuSan Updated 

in D1 TF, price reached resistance area. Zoom in to lower time frame (4H), price started slowly to make new high. If pull trendline, price broke trendline and retrace to find fresh supply. In yellow box, flag limit or demand area has been broken and make retracement. *pull fibonaci from last swing in TF 4H and touched 2.618 (which is golden area for reversal)...

GiyuuuSan

BTC in weekly TF clearly made descending triangle (bearsih pattern), finaly break support and retest support become resistance (flip SR). In 4 H and D1, clearly made bearsig flag pattern. try to retest My POV, maybe false break in weekly TF (cancel triangle pattern) and if want take short position look at minor TF (entry after finish retest in 4 H) Ps: BTC...

GiyuuuSan

BTC still in sideways area, maybe can scalping in green box. if u take short position, beware of breakout movement to break sideways area.

GiyuuuSan

in 4 H clearly price stuck on fibbo cluster (extrenal retracment and extension), progress to make divergence in indicator. jump to daily, make right shoulder quasimodo. Maybe price will make manipulation in current area. Important news today for dxy will triger start pattern or make cplq (compresion with liquidation) to higher price and drop target minimun in...

GiyuuuSan

price try to make pattern bearish, rising wedge. in my chart price has stopped in fibbo cluster and made divergence in rsi (can u can with macd too for make sure). sell after break and retest lower trendline. Target minimun in begining of trend line

GiyuuuSan Updated 

If breakout and retest can hold price, the pattern was ready to make price go up.

GiyuuuSan

will be break out pattern or just manipulation and continue bearsih ?

GiyuuuSan

BTC still in sideways area and will play between red box. But, if you jump to weekly time frame. When support broke (black line) maybe BTC will go more deeper

GiyuuuSan

if this happen, cup and handle will make poundstreling go up to 166 or less. Wait after handle finish and break out

GiyuuuSan

I update ideas for BTC, I used price action analysis. Price now in area flag limit and if use pararel channel, can make price stop continuing down. My target, will touch 26-27 k and move in channel or will drop after touch 26-27 k (let's see in few weeks) DYOR

GiyuuuSan Updated 

BTC will continue bearsih move after finish correction phase, in corection phase BTC made bearsih flag and if you zoom in to hourly (4H and 1H) time frame. You can see inverted cup n handle (if you trading with chart patterns) I prefer hold to buy and wait price touch support line and if worst maybe can touch 12-10K DYOR

GiyuuuSan

Price just broken demand area in H4, and still in big flag area H4 and made base on daily two scenarios from my point of view 1, Price will up to first orange box and make retracement and make QML (head), so continue down and looking demand below big orange box on right side 2. Price will go to inbalanced area (last orange box) and complete QM level (right...