by Vivek_Samale | May 28, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading a rising wedge pattern. It is trading in strong support and resistance zone. One can initiate a long trade near the support line of the rising wedge pattern with proper stop loss and risk management system, but if it breaks out of rising...
by Vivek_Samale | May 19, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY was trading in a falling wedge pattern and now it has given a good breakout from the pattern on the upside, but this upside can be limited in GBPJPY as the price will face multiple resistances on the upside. If long trade initiated on GBPJPY , one should Book...
by Ryan Lopes | May 18, 2020 | Forex Trade Ideas, GBPJPY
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price is currently in its support and resistance . There is also a...
by Vivek_Samale | May 14, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading at the support level of the falling wedge pattern. We might see a bounce back from the current price level on the upside. One can initiate a trade at the current level for long , keeping the stop loss just below the support line of the falling...
by Vivek_Samale | May 13, 2020 | Forex Trade Ideas, GBPJPY
GBPJPY is trading in a falling wedge pattern. We might see further downside in GBPJPY , which can give good 50 or 60 pips profit for the downside. One can take short trade with a proper risk management system at the current level. If pair consolidates at the current...
by Ryan Lopes | May 12, 2020 | Forex Trade Ideas, GBPJPY
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price is in middle symmetrical triangle. One can wait for breakout Let us...
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