GBPJPY SCALP and Others

omidgold1

Miembro desde Apr 30, 2018 posts 11

Aug 02, 2020 at 14:53

Miembro desde Apr 30, 2018 posts 11

GBPJPY is one of the volatilize pairs. Some time you can saw 150 -200 pips movement on that. this condition provide a prominent security for different trading system. One of those systems is SCALPING. Scalping in means is a way input fast and out fast from market with small stop loss or take profit.
In my way base on pivots and lines input on market and out with small TP or SL.It is my pleasure take your advise for better performance.
thanks

omid_tavakoly@

omidgold1

Miembro desde Apr 30, 2018 posts 11

Aug 02, 2020 at 16:06 (editado Aug 02, 2020 at 16:10)

Miembro desde Apr 30, 2018 posts 11

Analysis picture for 15min and 5 min and 1 min

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omid_tavakoly@

omidgold1

Miembro desde Apr 30, 2018 posts 11

Aug 03, 2020 at 04:36

Miembro desde Apr 30, 2018 posts 11

GBPJPY in 5m time frame has a triangle pattern and good opportunity for buy wth small SL.for long it is better wait unti trend line in 1m chart broken and wait upper hat for a bit time

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omid_tavakoly@

omidgold1

Miembro desde Apr 30, 2018 posts 11

Aug 03, 2020 at 09:54

Miembro desde Apr 30, 2018 posts 11

triangle pattern break out in lower side and fail previous analysis and your target is lower side of new pattern

this pattern draw previously

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omid_tavakoly@

omidgold1

Miembro desde Apr 30, 2018 posts 11

Aug 03, 2020 at 13:31

Miembro desde Apr 30, 2018 posts 11

price touched lower side of pattern and return to up. current target is drawn trend line

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omid_tavakoly@

omidgold1

Miembro desde Apr 30, 2018 posts 11

Aug 03, 2020 at 16:27

Miembro desde Apr 30, 2018 posts 11

price touched trend line and return from this target

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omid_tavakoly@

omidgold1

Miembro desde Apr 30, 2018 posts 11

Aug 05, 2020 at 05:53

Miembro desde Apr 30, 2018 posts 11

price is in a drawn pattern. we must be pay attention two trend line is in the way. it seems upper line is more probable for touched and shape a triangle pattern