Market Analysis PT2/2 (22nd May 2024) GBPJPY Analysis On the 30 minute timeframe, we have created a very strong support at the 198.272 - 198.363 level, having more than 5 taps along the area and rejecting it. There are 2 scenarios i am looking for. 1) Price breaks above the 198.615 level with a body candle close on the 15 minute. If we do have that, i...
Market Analysis PT2/2 (22nd May 2024) GBPJPY Analysis On the 30 minute timeframe, we have created a very strong support at the 198.272 - 198.363 level, having more than 5 taps along the area and rejecting it. There are 2 scenarios i am looking for. 1) Price breaks above the 198.615 level with a body candle close on the 15 minute. If we do have that, i...
Hello Traders, Hope you all are doing good!! I expect GJ to go Up after finishing the correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
We are at a strong support price may fall to highlighted zone again and bounce up to marked areas, I’m bullish on this pair BUY!!
GJ is in a uptrend channel, it is now retesting a broken resistance that is now support, I expect a push of 200 pips to highlighted area. BUY!!!✅
GJ - Waiting for buys only, either a straight breakout with confirmation, a retest of the 163.650 level with confirmation or a mitigation of the 163.000 with confirmation! Lets see what she gives us!
GJ is retesting a support zone, I expect a push up to the upside toward highlights zones in the next couple days. BUY!!
GJ top down analysis! Let me know your thoughts, thanks for watching!
You can see price hovering around underneath the 160.000 level, stuck in a range, I don't want to trade here.. Look how clean the move was to the left on the last bullish impulse, So for me if price breaks above the 160.00 with confirmation we've got a much cleaner looking opportunity (80/90 pip move) back up to 160.851, than selling from there back into the...
GJ looking for sells while price is under 161.000, if we get a solid break/retest i'll look for buys, but first I want to see another push up here and the candle to fail closing above the current DH, giving us a nice sell opportunity with a small SL, then aim for the $ as first target then the support and DL Let me know your thoughts!
GJ Price is sitting on the DH, I may take some LTF sells here depending on structure/if price fails to close above previous 1HH/DH, but overall i've got a buy Bias here until that 1H low is broken, lots of buying pressure this week, no need to try trade against it, go with the flow 🏄♀️ Let me know your thoughts!
GJ if we can break through 167.638 area i'll be looking for buys back to the 1H high following orderflow, if price fails and falls back to the 1H low demand i'll be also looking for buy there, not interested in sells today on GJ, maybe some LTF scalps if we get a retracement but thats it let me know your thoughts!
GJ has formed a double bottom on the 30min and the 1hr chart. The 30min chart has formed the double bottom on a 200ema support. Price went up, came back for a retest to confirm a buy. I jumped into a buy from the close of the previous stick bullish stick...We should go up to 169.683 at least. If you scalp you will catch good pips. Zone to zone trading is the...
Looking at sells however it is very late in the day - best way to handle this is by reducing risk especially as the market is setting up for NFP tomorrow. Be smart , protect capital. The number 1 rule in the markets is to minimse losses
Looking at a potential buy here, price action indicates price is waiting to pop like a coiled spring, however it is end of month so stay safe. 0.5% risk.
GBPJPY is in a very strong uptrend when we look at the monthly time frame and the weekly time frame. We have seen some sort of bearish correction in the previous two months (July and August) which is a good signal to find an entry to the upside. The daily time frame also just trend bullish , this can be seen from the breakout of the symmetrical triangle/or...
looking for buys for a quick retrace today, manage risk as always price action is king
Pullbacks + Retracement levels+ Demand Zone waiting for confirmation signals. Structure confirms its a strong buy position