GBPJPY Possible FIB OR Rocketing SHORT to Weekly Support
I'm confident that GBPJPY will going down to 135.00 after breaking through the Monthly Support and rocketing it's way down. I recon it'll most likely have a small bounce after reaching the Monthly TL I have placed giving me the opportunity to place a Fibonacci and watch how the chart reacts to it.
I don't plan to risk placing a short term long since it hasn't shown enough bounce however today's candle is looking to form a Bullish Engulfing which if it does then I'm convinced we'll have a bull run before falling down around 139.50. That's where the first fib Resistance is seen and conveniently seen under the Monthly Resistance which I think will act as a support now.
I'm entering short at 136.50 seen just under the prevous low with my target to be just above the Weekly Support at 135.15. I may also enter later at 134.85 after the Weekly Support is broken for which I will close shy off the first Fib target at 133.30.
I don't plan to risk placing a short term long since it hasn't shown enough bounce however today's candle is looking to form a Bullish Engulfing which if it does then I'm convinced we'll have a bull run before falling down around 139.50. That's where the first fib Resistance is seen and conveniently seen under the Monthly Resistance which I think will act as a support now.
I'm entering short at 136.50 seen just under the prevous low with my target to be just above the Weekly Support at 135.15. I may also enter later at 134.85 after the Weekly Support is broken for which I will close shy off the first Fib target at 133.30.
עסקה פעילה
Closed for a bullish Engulfing! I've entered for a buy last night. Hope there won't be an early turn around!הערה
The daily candlestick closed***הערה
This will be a short term before it continues its way back downהערה
The bulls have given out! Time for it to head down to 135.00
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המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.