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"If you’ve been following my analyses, you know that recently all of them have been focused on the short term. They indicate another leg of correction or a slight bullish movement in the market.
Please pay close attention to the danger zone and stop loss levels.
Note: My ideas are not intended for any type of scalping or scalpers!
You can find the full list of my ideas here: https://ift.tt/o0EQmaP
Here are some of my ideas:
📉 GBP/JPY 1H Analysis & Trade Plan
🔻 Bearish Channel in Play
Price is moving within a descending channel, rejecting key Fibonacci levels.
Supply Zone at 189.608 - 190.360 (strong resistance).
Price may test this zone before continuing the bearish move.
📊 Bearish Scenario:
1️⃣ A small pullback to 188.618 - 189.042 (FVG + Fib 0.618 - 0.786).
2️⃣ A drop toward 187.504, followed by further declines.
3️⃣ Next key support levels: 185.929 and 184.428 (final target).
💡 Trading Plan:
✅ Look for rejection at resistance before shorting.
✅ Confirmation: Break of 187.504 = Strong bearish continuation.
🚀 Bulls need to reclaim 190.360 to shift bias.
#FXFOREVER #GBPJPY #ForexTrading #SmartMoney #PriceAction #Fibonacci
Redington India Ltd
CMP 231
Almost at crucial breakout zone
Tested 5 times resistance zone
Strong volume
Hello Guys, Wish you a Very Happy Valentines Week.
a Quick update on Bitcoin, i do not see any upward positive rally for next few weeks , my direction and target for the same is below $90,000.. a setup with entry stoploss and target is placed in the charts.
good luck and good trading :)
