g2rafael

g2rafael

So after taking profit at TP2 and taking advantage of 700 pips I will be watching price action this Monday towards Tuesday to determine when we can sell again. What are my expectations is to potentially see market opening a bit lower on Monday and then consolidation and pullback up towards the zone I marked and then price rejection confirmation there and then...

g2rafael

TAKING PROFITS NICELY AT TP2 TOOK ME 2 WEEKS TO GET HERE AS I WAS SELLING FROM 139 ALL THE WAY DOWN TO HERE. NOW IS ALL ABOUT ANALYZE FROM NEXT WEEK WHAT IS HAPPENING AND MAYBE THERE WILL BE ANOTHER ENTRY FOR FURTHER SELLING. HAVE A GREAT WEEKEND GUYS :)

g2rafael

Let's see if we can go down to 131 today and take profit

g2rafael

WE MANAGE TO GO DOWN FAST TODAY I AM EXPECTING MORE DOWNWARDS PRESSURE TOMORROW WHICH IS FRIDAY AND IS THE END OF THE WEEK TO COMPLETE THE BIG SELL OFF. TARGETS 131.200 OR 130.200

g2rafael

3rd attempt to break the support upcoming push down will most probably break it and then we go further down to 131 132

g2rafael

Managed to break short term support so we can potentially see the pair heading towards 131 132 area soon.

g2rafael

So as we can see we managed to break hard the support lines marked in green after Powell's speech. Today morning we had bad UK data and tomorrow potentially we can get more negative data regarding CPI. Let's see how fast we can go down to 131 132.

g2rafael

If H&S confirmed we go for a sell again this time aiming for the TP2 area 131 to 132 Only for educational purposes.

g2rafael

Weekly update for my monthly GBPJPY analysis. We can clearly see that the market is respecting quite well the downwards channel that has created. We can see a small pull up on Monday market opening and then continuation downwards. On Tuesday we may see some volatility due to BOJ interest rate and monetary statement and some other UK data but the market shall...

g2rafael

UPDATE ON MY GBPJPY REVERSAL ANALYSIS As I can see will be looking to take profit around 131 area and probably wait to see how the market will react afterwards for potential pullback towards 134 135 maybe and then down again towards 128 area. Let wait to see how it goes from the start of next week. This is only for educational purposes only and you should make...

g2rafael

GBP JPY TP1 REACHED HEADING TO TP2

g2rafael

GBP JPY NEXT 4 WEEK PREDICTION ANALYSIS

g2rafael

My prediction for gbp jpy for the next 5 weeks. We have seen too much noise in the market lately with lot of people going risk on upon erasing of lock down measures. We must not forget that the upcoming economic crisis is much worse than 2008 so reality will kick in once again. Upcoming week we will have data coming from Japan and UK. UK has been hit very hard...