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Gbpjpysetup

GBPJPY hello, currently GJ just pushed up and hit our first tp 0.00% as first TP and also broke the trendline with a big bullish candle and is next to 61.8% on old fib level and is currently near a zone, you ought to be careful when trading around this area where there is a critical zone thats where currently we are seeing doji candle but overall i want to see it break through this current zone and push past to the -27.00% and move back down to test this current zone incase it doesn't reject it. But make sure all confluences are lined up before taking a trade. Have blessed week, remember to ask Jesus for his wisdom and guidance and he will show you. Jesus loves you<3
Long
by louisemwesigwa
GBPJPY (30) BREAK AND RETESTHello, currently we are at a strong area of resistance that has been tested previously, in the past. Price has just finished an impulsive move and is now in the corrective stages, and is around strong area of resistance. So wait for your confluences before taking the overall move which is a bullish move. More so, price is near the 23.00% fib level which will always move to -27.00% but always have an extra confluence, like a zone, trendline and read market structure. But you can always take advantage of minor structure moves. Jesus loves you.
Long
by louisemwesigwa
GBPJPY (M) SHORTHello, it’s been a long time hope you’re all well. Last month, we saw a lot of bullish momentum, although last week we ended the week with Bearish momentum. Whenever you are spotting divergence it takes a long time to play out, but for this month am expecting a bearish candle for overall close. We are next to a foundation level that means consolidation in the lower time frames. Additionally with market structure, I see bearish candle for the month. The market has been in an impulsive move, as you know the market moves in three ways, implies, correction, continuation. As of now, we are in the impulsive side, hoping to see some correction. Lastly there’s, candle exhaustion at the top of structure from previous Candles, indicating price exhaustion. Note: Minor structure moves move faster than major structure moves, thus you can always take advantage on lower timeframes. Make sure your confluences always line up before taking a trade.
Short
by louisemwesigwa