How to Complete A Multiple Timeframe Analysis on GBPJPY (Swing Trade Strategy) - Forex Basics

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How to Complete A Multiple Timeframe Analysis on GBPJPY (Swing Trade Strategy) - Forex Basics

Hey hey!

Christmas is almost here!

So, I've got a gift to share, lol.

A recap of GBPJPY and where I think price is heading next.

In this video I use a naked chart, Fibonacci retracement and extension tool with support, resistance and trendlines to arrive at my directional outlook bias. I'm using the basic tools to complete this timeframe analysis.

How are you playing GBPJPY? What's your outlook?

#GBPJPY #gbpjpyanalysistoday #learntotrade #forextrader

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Legal Notice: The views and opinions expressed on this channel are provided for information purposes only and should not be taken as (a) a solicitation of an offer to buy or sell a currency, (b) an endorsement or recommendation of any particular trading strategy or (c) investment advice.

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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🔥 🔥 🔥 video as always … Congrats on all of your accomplishments this year!

CalculatedTrades