GBPJPY LONG SWING
Hi everyone,
I see a good long opportunity with a good amount of pips available to be taken.
Please see my past related links for past trade analysis. (from most recent to oldest - this includes overview analysis on the higher time frame)
I believe we have just finished a pullback with bulls entering the market again for a continuation/resumption of the trend.
Potential Movement:
25 pips minimum - 160 pips range. I'm leaning more towards a 160 pip target. But a good price target is 145.40
Longer Term, I can see price POTENTIALLY touching 200 - 400 pips from here.
I see a good long opportunity with a good amount of pips available to be taken.
Please see my past related links for past trade analysis. (from most recent to oldest - this includes overview analysis on the higher time frame)
I believe we have just finished a pullback with bulls entering the market again for a continuation/resumption of the trend.
Potential Movement:
25 pips minimum - 160 pips range. I'm leaning more towards a 160 pip target. But a good price target is 145.40
Longer Term, I can see price POTENTIALLY touching 200 - 400 pips from here.
Uwaga
Please LIKE and FOLLOW :D <3 Much appreciatedUwaga
The probability for this to reverse is low, however it's always a possibility. I believe this will continue going up.Uwaga
Looking for a correction on the 5 minute, most likely an ABC. Uwaga
Uwaga
Possible Uwaga
Uwaga
Uwaga
Strong Hourly Candle. High probability of higher prices. Uwaga
4 Hourly ** ^^Here's the 1 hour which closed strongly also.
Uwaga
Still in a channel. Hold positions. Here's a good spot for a stop loss but please ensure you're following tight risk controls as this is a relatively wide stop.Uwaga
Look at the 4 hour. The potential for higher moves is still there. We may see it during the Tokyo/Sydney Sessions.Uwaga
ABC corrective at the moment. Looking for impulsive, upward movements for follow through and breakout to a higher high.Uwaga
Read regarding stop loss movement.
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