【Special video and bonuses offered】A winning trade of 95 pips on GBP/JPY using Dow Theory and MTF trading logic by Mr. FXLINE

Hello! This is Hayakawa from GogoJungle.

How have your recent trades been going?

Using Dow Theory and Multi-Time Frame (MTF) analysis

for USD/JPY, the Nikkei 225, Dow, and Bitcoin trading strategies

The trade logic explanations have been viewed by a very large number of people.

This is how you analyze it!

It was very educational.

Many of you felt that way.

Now, in this third video, we analyze Nippon Yusen stock, Amazon stock,

and GBP/JPY analysis in live market conditions.

conducted in live market conditions.

In this article, we will present the Nippon Yusen stock and GBP/JPY analyses.

We would like to present them.

First, on the Nippon Yusen stock chart,【Zclosed＿MTF】TradingView version

and view it on the yearly and monthly charts.

A double bottom has appeared on the monthly chart, indicating an uptrend

and is expected to continue, but a pullback is anticipated.

This was FXLINE's assessment, but Nippon Yusen stock subsequently

As of today, Friday, June 3, it remains in a pullback formation

A valid analytical determination

This is how it stands.

In this way, by performing thorough analysis, the buying and selling

directions and timing are less likely to be wrong

and the win rate increases significantly, as is clearly seen.

Next is the GBP/JPY analysis.

First, looking at the yearly chart, it is in the thick of an uptrend

and this is clear.

Next, let's check the weekly chart.

The weekly chart has breached the support line (the line that resists downward momentum and provides support)

thus making short-term upside difficult,

this leads to the conclusion that rising in the short term is unlikely.

We will move to even shorter timeframes.

The daily chart has continued in a range after briefly breaking the high.

From here, for day trading, we will look at even shorter timeframes.

Looking at the 4-hour chart, after forming a double bottom it rose, and then,

it has turned to decline.

From here,to predict how the rate will moveto

If you focus on the 2-hour chart, it has broken the support line,

and we can determine that the downtrend might continue a little further,

A short-entry is the right move.

This is the conclusion you can draw.

This determination was made at 16:00 Japan Time on May 26, 2022,

when the GBP/JPY rate was 160.065, and by 20:00 that day

it had fallen to 159.107,

A 95-pip winning trade was realized.

and this is realized.

By performing a solid Dow Theory-based MTF analysis,

you can learn how to enter in the correct direction,

as demonstrated before your very eyes.

As FXLINE's final message also states,

the market is a place where Dow Theory mixes and intersects

so by grasping the principles of Dow Theory with the

[Zclosed＿MTF] TradingView version

you can internalize the market direction using the ZigZag indicator,

thereby reducing losses and increasing win rate.

As a result, the likelihood of being forced out of the market early decreases significantly,

and you can become a successful top trader.

You can clearly see yourself becoming a winning trader.

[Zclosed＿MTF] TradingView version

Also, the [Zclosed＿MTF] TradingView version includes partially used GMMA to gauge trend momentum

【Limited】GMMA_CROSS MT4 version

is being offered for free.

Please take this opportunity to obtain it.

※A password is required to obtain it.

The password is available in the video comment section at the end of this newsletter.

In this video as well, please take a close look at FXLINE's trading methods.

Please take a close look at FXLINE's trading methods in this video as well.

Now, please enjoy this video!

What did you think?

If you haven’t yet watched FXLINE’s previous videos, please view them from below.

Please view FXLINE’s past videos from the links below.

▼Past special videos are here▼