Shorted GBPJPY @ 197.53 Target 1: 195.75 Target 2: 193.55
Accumulation occurred since Jan. 17 2023. Manipulation just happened today. Taking sell stops. Distribution: target weekly ATR 189.77
Expecting weekly candle to be bearish and fulfill the average range of 350 pips to 184.10
see text on chart Looking to short at 1.0850 during London open. Looking to exit at 1.0790 during US open.
Anticipating the Weekly Swing Accumulation has occurred since Thursday, Jan 11 2024 between 184.50 - 186.20 Looking for Manipulation Candle(s) between 186.20 - 186.80 Then Distribution down to 183.80 and possibly lower.
Entry - 1.6900 (last year's open) Stop - 1.7205 (above the high) Target 1 - 1.6425 (last month's open) Target 2 - 1.5925 (2016 yearly open) Calculate Risk between Entry and Stop Follow through with Daily Heiken-Ashi candles re-entering and lowering the Stop to maximize profit
The GBPUSD is being setup for a major down move. Institutional money has been accumulating a short position. 1.2600 - 1.2700 is where they have been working. Expect a breakout to 1.2350 Merry Christmas
We've bottomed Price predictions are shown Good luck
Here we go. Price target at 5250. Taking half off at 5000 b/c it's a psychological level. Humans like roundy numbery things
As the market made lower lows, the MACD indicator made higher highs. This is very powerful bullish divergence. Circled is where the MACD crossed over to the upside, further indicating bullishness. Stops should be placed slightly below the most recent low of 429'4, which occurred on March 31. Profit targets are at the Fibonacci retracement levels. Target 1 -...