tntsunrise
Long

GBPJPY BREAK OUT+PULL BACK TRADE

FX:GBPJPY   British Pound/Japanese Yen
7191 37 166
8 months ago
This is also a very good example of
Break Out + Pull Back Trade

So: Long gbpjpy             now
SL below 158.50
TP1: 164.00
TP2: 169.90
8 months ago
Comment: Very Nice
Now is 160.50
8 months ago
Comment:
snapshot

ALREADY BREAK TREND LINE RESISTANCE
8 months ago
Comment:
snapshot

break 161
8 months ago
Comment: NOW 161.70, Price continue to rally
250 PIPS
8 months ago
Comment:
snapshot
8 months ago
Comment: TAKE PARTIAL PROFIT AT 162.
REST POSITION BREAK EVEN
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NTrading
8 months ago
Thank you,

I enjoy your pullback trades, i feel they have high probability.
Reply
hayk
8 months ago
There is also divergence.
Reply
TobyTian
8 months ago
Thank you
Reply
DucThanhBui
8 months ago
Is that play like GU H1 Simple Structure Play

https://www.tradingview.com/chart/GBPUSD/6s9wXmB0-GBPUSD-1H-Simple-Structure-Play/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_follower_idea_update
Reply
Mrabdullah
8 months ago
Hiw will do that
Reply
Mrabdullah
8 months ago
How can i registered my account
Reply
marcus123
8 months ago
a little too early for me at moment...
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Ramezitani
8 months ago
Sir but there is head a head and shoulder could it be revesel ?? And on gbpusd there is double head
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Jaca86 Ramezitani
8 months ago
yeap, That's why I m waiting
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tntsunrise TOP Ramezitani
8 months ago
H&S won't appear in low location
Reply
kiachiang
8 months ago
On 60 mins chart, I can see a bearish gartley forming at 159.9. Is it going to pull back again ?
Reply
christom
8 months ago
Hi Sir,
I will be interested to have your opinion on this view, If we check the retracement for the nearest downtrend, this still seems to be resume the downtrend.
snapshot
Reply
tntsunrise TOP christom
8 months ago
find these questions:
did price continue to make a lower low?
what about higher high, has price start making higher high?
then you will know whether the downtrend resume or not
+3 Reply
christom tntsunrise
8 months ago
Agree. Its clear. I could notice the higher high, If I pay little attention after feb 24, Also it is very clear in the H1.
Fib retracement shows strong signal that, it takes support of the golden 61.8. I'm just trying to figure out the fib extensions from your chart(which points were used to extension to figure out the TPs)
Reply
tntsunrise TOP christom
8 months ago
that's the way!
Reply
roadtogo tntsunrise
8 months ago
Yeah seems it didnt go for LL..and all JPY bullish trends are distorted..tntsunrise, I will send you Turkish Raki
Reply
Ramezitani
8 months ago
Sir there is a bullish divergence on 4h chart so this pair will stop his uptrend when 4h chart indicate a bearish signal bevause on daily chart there is also a bearish divergence. So can it reach 164 before droping or 169??
Reply
tntsunrise TOP Ramezitani
8 months ago
bullish divergence but stop up trend?
Reply
Ramezitani
8 months ago
I meant when 4h indicate a bearish signal the uptrend will drop so do u think it will reach 164 or 169 before 4h indicare bearish ?
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tntsunrise TOP Ramezitani
8 months ago
now is 160.50. price make a higher high.
Reply
waterman
8 months ago
Again an excellent work from Jack ! Thanks !!
Reply
tntsunrise TOP waterman
8 months ago
welcome!
Reply
satyagodfather
8 months ago
Very Good Example you remain us again basics which we forget every time thankyou

Reply
j_amui
8 months ago
Hi Jack, in this case is it likely to retest the trendline that is broken? I have calculated such retest to be around 159.500. Will it be ok to enter there? Am still learning. Thanks
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Adrian88
8 months ago
Long from 158.8. TNT tell me where to send You a bottle of good vodka!
+1 Reply
tntsunrise TOP Adrian88
8 months ago
haha! Vodka is cool. I am in Singapore.
Reply
crosswind
8 months ago
HI JACK Awesome move, are your videos only set your language.
Reply
tntsunrise TOP crosswind
8 months ago
yeah currently i only hanve mandrain version. I am considering to add english subtitle
Reply
mohammadfarid.uddin.1 tntsunrise
8 months ago
Will be good for us, good initiate, thanks a lot.
Reply
Sleuthy
8 months ago
Great follow through...great teacher
+1 Reply
tntsunrise TOP Sleuthy
8 months ago
:) welcome
Reply
afnanismail
8 months ago
Thank you sir
Reply
NietoFX
8 months ago
Thanks again Jack... have you define SL for this entry?
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j_amui
8 months ago
Hi Jack, Is it the case that the new support will be retested? Is it a good idea to put in a pending order here after confirmation? Still learning. Thanks
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thebaface
8 months ago
Hi Jack, been trying to reach you on messages but to no avail. I have been following your trades and I would like to learn more in order to contribute more. Can you point me in the right direction and Anyway i can get in touch?
Reply
ernstschwarz
8 months ago
latest little retracement oportunity to enter long if i missed initial long entry?
Reply
waterman
8 months ago
I am waiting for a pull back for a long entry. But whether this pair move in tandum with usdyen which is for a b/o downside ?( Sure, I am a doubting Tom !)
Reply
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