{"id":105247,"date":"2017-04-26T05:43:32","date_gmt":"2017-04-26T09:43:32","guid":{"rendered":"http:\/\/countingpips.com\/?p=105247"},"modified":"2017-04-26T05:43:32","modified_gmt":"2017-04-26T09:43:32","slug":"%e2%80%8bgbpjpy-strong-bullish-zig-zag-pattern","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/04\/%e2%80%8bgbpjpy-strong-bullish-zig-zag-pattern\/","title":{"rendered":"\u200bGBP\/JPY Strong Bullish Zig Zag Pattern"},"content":{"rendered":"
April 26, 2017<\/div>
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By Admiral Markets<\/b><\/p>\n

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The GBP\/JPY has been bought on dips after Macron won the first round of French elections. Our Session Recap setup<\/a> went as expected and now we see a continuation. Equities went bullish and GBP\/JPY followed, reaching 143.00 zone. At this point we see a huge MACD divergence which might drop the pair towards POC zone. POC 141.60-90 (D L3, ATR low, trend line, 50.0) could spike the price towards 142.50, 143.00 and 143.80. If we don’t see an entry within POC zone watch for 4h close above 143.30. That should also be a sign for continuation towards above mentioned targets.<\/p>\n

Follow @TarantulaFX<\/a>on twitter for the latest market updates<\/p>\n

W L3 – Weekly Camarilla Pivot (Weekly Interim Support)<\/p>\n

W H3 – Weekly Camarilla Pivot (Weekly Interim Resistance)<\/p>\n

W H4 – Weekly Camarilla Pivot (Strong Weekly Resistance)<\/p>

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Free Reports:<\/p><\/div>\r\n

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D H4 – Daily Camarilla Pivot (Very Strong Daily Resistance)<\/p>\n

D L3 \u2013 Daily Camarilla Pivot (Daily Support)<\/p>\n

D L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)<\/p>\n

POC – Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n

Article by Admiral Markets<\/b><\/p>\n

Source: \u200bGBP\/JPY Strong Bullish Zig Zag Pattern<\/a><\/p>\n

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Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Admiral Markets The GBP\/JPY has been bought on dips after Macron won the first round of French elections. Our Session Recap setup went as expected and now we see a continuation. Equities went bullish and GBP\/JPY followed, reaching 143.00 zone. At this point we see a huge MACD divergence which might drop the pair […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-105247","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/105247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=105247"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/105247\/revisions"}],"predecessor-version":[{"id":105248,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/105247\/revisions\/105248"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=105247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=105247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=105247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}