tntsunrise
Long

GBPJPY BREAK OUT+PULL BACK TRADE

FX:GBPJPY   British Pound/Japanese Yen
7196 37 166
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
Comment: Very Nice
Now is 160.50
Comment:
snapshot

ALREADY BREAK TREND LINE RESISTANCE
Comment:
snapshot

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

I enjoy your pullback trades, i feel they have high probability.
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There is also divergence.
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Thank you
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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
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Hiw will do that
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How can i registered my account
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a little too early for me at moment...
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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
yeap, That's why I m waiting
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tntsunrise TOP Ramezitani
H&S won't appear in low location
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On 60 mins chart, I can see a bearish gartley forming at 159.9. Is it going to pull back again ?
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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
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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
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)
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that's the way!
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roadtogo tntsunrise
Yeah seems it didnt go for LL..and all JPY bullish trends are distorted..tntsunrise, I will send you Turkish Raki
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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??
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tntsunrise TOP Ramezitani
bullish divergence but stop up trend?
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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
now is 160.50. price make a higher high.
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Again an excellent work from Jack ! Thanks !!
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welcome!
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Very Good Example you remain us again basics which we forget every time thankyou

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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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Long from 158.8. TNT tell me where to send You a bottle of good vodka!
+1 Reply
haha! Vodka is cool. I am in Singapore.
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HI JACK Awesome move, are your videos only set your language.
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yeah currently i only hanve mandrain version. I am considering to add english subtitle
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Will be good for us, good initiate, thanks a lot.
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Great follow through...great teacher
+1 Reply
:) welcome
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Thank you sir
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Thanks again Jack... have you define SL for this entry?
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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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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?
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latest little retracement oportunity to enter long if i missed initial long entry?
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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 !)
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