tntsunrise
Long

GBPJPY bullish divergence wait for confirmation

FX:GBPJPY   British Pound/Japanese Yen
4578 32 105
GBPJPY            
Wait for this consolidateion finish then we start to buy

Bullish Divergence happened
Comment:
snapshot
Comment: NOW IS 157.
+200 pips
Comment: WATCH THIS LEVEL
FOR A PULL BACK TRADE
Comment:
snapshot
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Thanks for heads up..
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Agree. Previously broken trend line still holds and signs of accumulation. Upside next week.
snapshot
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Thanks. Another free tuition.
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I agree with TNT. We might see bullish GJ next week.
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Quite risky filling long positions before macro data this week
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What should our desired entry rate be?
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Possible Channel Breakout GBPJPY Let the market give us a signal
Drew it a little bit different but fits overall technical pattern!
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Agree , please look at MACD, 2 lines crossed.

https://www.tradingview.com/chart/yxCQUp7S/
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I have to disagree with this one. But awesome work. Here's my chart.
Short GBPJPY
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StevenMilward melendezferrara
why do you think this?
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tntsunrise TOP melendezferrara
snapshot

Hopefully u did not short
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Don't worry about that, not a single dollar was lost since the setup didn't play out to take the trade. However many dollars were made on this USDJPY trade
LONG USDJPY
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tntsunrise TOP melendezferrara
so untill now you still think gbpjpy will move as what you draw?
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I agree with you, High probability to break up;
1-RSI @240 min ; it is divergence (as you said)
2- MACD @ 240 min ; it is divergence and 2 lines crossed
3- Fib 88.6% @ 156.67, which the price bounced up from it.
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:) Good Trade
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den_ tntsunrise
can recommend at what tp? thanks
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u need to find your own target. dun directly ask for Entry , SL TP. what happen if next time i am not here? who should turn to? must rely on your self.
+1 Reply
Uncle tntsunrise
I agreed with TNT, investor need to rely on their own analysis (SL TP).
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Zulan tntsunrise
Since I get so good advice and recommendations from you I start to doubt myself :-) Anyway, thanks for this one. I finally made a good trade :-)
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Nice breakout
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Monthly pivot at 156.60...If it break that it can go easily 161.57 which is Monthly R1
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ran out upward momentum ?
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dear sir ,,, are you seeing any chance of a correction so we can enter again
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tntsunrise TOP MarwanALjaadi
if you missed, u need to wait. dun ask me whether there is a correction. I am not god, i can't move the market.
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So far good. Expecting further up move today
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Mr. TNT, what range do you think it might retrace? :)
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look left, find structure.
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stockerz tntsunrise
thanks i forgot hehe, thanks again for this pair i almost made a huge loss for this until i saw your post with the bullish divergence. I could have cut loss last week
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Hi Jack can we buy now?
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Nice Jack. Thanks for sharing
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Been following your charts and have to say well done, some very good calls
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