I'm planning to buy now and TP around 156.170 then sell until 155.220. SL around yellow line or a bit more.
This was my analysis from last night, targets on green line are still valid, I'm expecting it to hit 155.067 today. Look for any retracement.
POSIBLE QUASIMODO PATTERN I'm closing my shorts and trying to go long. If the price breaks the head level price I'll look for new entry level and will be aiming for my previous TP levels.
GBPJPY is currently in an importante zone where we can go for sales for a long term trade or can go continue it's uptrend movement. If the price breaks the 158.219 level I'll be waiting for confirmation and will be analyzing for posible scenarios. Right now the pair is forming a QUASIMODO pattern that can be appreciated in 4H TF. This pattern could be the...
Good morning, In this analysis we can see a QUASIMODO pattern, where we can TP around 156.400. IMPORTANT FACTOR WE SHOULD CONSIDER This pattern is near our last maximum level, and this is a good trend change indicator and we should consider it since it's in a higher TF. This might be the pattern we are looking for to put a sell for long term. You can check my...
Let me share you this divergence I found on 4H and 15M TF. Both divergence can be invalidated if a curve on our awesomeoscillator go over the green horizontal line. TP1 is obtained on our 4H TF and TP2 on the 15M TF chart.
Analyzing the 1D and 4H charts, I will continue shorting. Yesterday my sale from 156.020 has fallen to the level of 154.9xx making a movement of 112 pips, if you have followed the analysis it is smart that you have put the SL in the entry price since a movement of 112 pips is a very considerate descent. We are in an important selling area in which we have to be...
Divergence spotted in 1H TF and can be appreciated in 4H TF. Our target is 153.7xx leve l, there is a high chance we reach this level by this week. Trade ratio: 1,87 (Might increase if we enter in a higher level) If it touch our SL we can wait for newer high as long (low probability, check my last analysis) as the curve in our indicator doesn't break the orange...
Continuing my previous chart analysis, we are nearing my sell zone between 156.050-156.270. My objectives are still the same: TP1: 148.990 TP2: 147:745 If the price breaks 158.25x, I will be looking for a buy entry till the price reach 160.17x minimum. How will I operate: I opened a manual sell 3 pips away from my minimum selling zone level since the price...
We can observe a SHS pattern in daily TF so we will aim for TP1 where our current floor is. TP2 is obtained using dominan break on weekly TF aiming for that 161,8% level. If we break our previous high 158.2XX level we will start looking for a bullish entry.
Going for a long term sell, I'm expecting it to reach tp levels by the end of the year