GBPJPY FULLBREAKDOWN

20 ก.ย. 2021

Hi Guys , i have a full breakdown in my GJ analysis

just look down below

20 ก.ย. 2021

บันทึก

in Daily Timeframe , we clearly see a H&S Pattern means we are looking for an entry to sell , so we dont want too look for buy in this area.

20 ก.ย. 2021

บันทึก

then in 2h timeframe we have more price action come in play , the broken of the trend line so price is still on bearish movement , with the combination of elliot wave price has broken down minor support and wait for price to retest before entering the position.

20 ก.ย. 2021

บันทึก

Monthly timeframe still in the downtrend

21 ก.ย. 2021

บันทึก

im still looking for sell in this bearish downtrend , will change to long until i see a breakout of the downtrendline in the higher timeframe , so for a short position , i will wait until the price retest to the 61.8% fib area with minor support above remember to put your stop loss , we can't control the market but we can control our risk