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
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
Analysis picture for 15min and 5 min and 1 min
Fichiers joints:
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
Fichiers joints:
triangle pattern break out in lower side and fail previous analysis and your target is lower side of new pattern
this pattern draw previously
this pattern draw previously
Fichiers joints:
price touched lower side of pattern and return to up. current target is drawn trend line
Fichiers joints:
price touched trend line and return from this target
Fichiers joints:
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
Fichiers joints:
targets touched and upper line of triangle pattern touched.
Fichiers joints:
Another triangle pattern created in GBPJPY. some times price reminded behind this resistance . if this resistance broken we can see a huge movement.
Fichiers joints:
New pattern is in chart. Currently lower line of chart is target. After touched can input in long with small SL.
Fichiers joints:
Aug 06 2020 at 13:02
good work chaps
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