tntsunrise
Long

GBPJPY Long AT 175.00

FX:GBPJPY   British Pound/Japanese Yen
1861 35 35
GBPJPY             Long AT 175.00
Based on Prev Structure.
and the oversold.
SL: 174.77
TP1 : 182.90
TP2: 187.90
Comment: nice trade. in money 80 pips
Trade closed: stop reached: STOPPED AT 174.77 . LOSE 23 PIPS
Comment: Now the price is 173.70. If we didnt' stop our trade at 174.77. that will be another 100pips dmg.
lose 23 pips vs lose 123 pips.
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you are about to catch a falling knife, let's see then:)
+2 Reply
tntsunrise TOP Jeffrey_Sucipto
already in profit 80 pips. SL move to BE
Reply
Nice i must say. very risky at first but once achieve BE, very good trade. buying at optimal point.
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nice ! :)
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A bullish Bat and Crab pattern are just completed on the same zone. My view.
GBPJPY: Potetial Bullish Bat & Crab Pattern
Reply
KlejdiCuni KlejdiCuni
I want to thank you. Your analyses are always very good.
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tntsunrise TOP KlejdiCuni
welcome bro! your chart is also very good
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Potential cypher could be form

nice one
Reply
good job! cypher !
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Long GBPUSD might be better. USDJPY just broken below multiyear trendline, that may hinder on all JPY crosses.
USDJPY head n shoulder formation & multi-year trend line broken
Reply
Beautiful! Analysis right on point, sir!
I salute you guys
Reply
I agree with this calculation. The key support is 174.860 but 175 is better due to the fact its a psychological level. We have seen the first move up this afternoon, but the market couldn't catch on so it dropped again.
This time support was also found at 175.000. Lets hope the double bottom stays in place so we can party our way back to 180.000
Reply
naxis_ac Bananenboom20
agree...keep on watch
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can we enter at current price?
Reply
yes u can
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Construction PMI is above expectation but still gbp under selling pressure :-(
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naxis_ac prashantfx
wait and see
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tntsunrise TOP prashantfx
it's ok. at least not a bad data
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prashantfx tntsunrise
yup right :-)
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Should we move our SL? its getting near

thanks
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naxis_ac raynce
yes...same Q, shall we move down a little bit
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I move my sl to 174.70..
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better not. SL is something in the plan. if you move sl, u dun respect your own plan
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naxis_ac tntsunrise
looks like there is a support line at 174.900 ...we are still in business
Reply
prashantfx naxis_ac
yeah u r right little buying come from 174.900 ...
Reply
gbp jpy breaks stoploss where it will land?
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maybe 174
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naxis_ac tntsunrise
it break 174 as well
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maybe. anyway ,i am out at 174.77. now is 174.40
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thanks sir, i avoided this one..any reversal sign?
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now there is a enging diagnol. if price can come back to 174 above, can try long
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vraj1 tntsunrise
ohi see now..learning a lot from your analyses..thanks a lot.
Reply
ya. mine stop at 173.70
Reply
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