Today's focus: GBPJPY
Pattern – consolidation uptrend
Possible targets N/A
Support – 182.20
Resistance – 183.75
Today’s update mainly zeros in on the consolidation presenting in the current uptrend. Price continues to hold in a range, and we have broken down the things we are watching for, either a new attempt at continuing the trend or an extension of Friday’s...
GBPJPY
Hello traders, welcome back to another market breakdown.
GBPJPY has been traing in a down trend. However, the price has shifted the structure from bearish to bull trend again which can indicate higher prices to see.
Checkout out the video on multi-time frame analysis.
Trade safely,
Trader Leo.
Hello Traders, according to my analysis. I am going to SHORT SELL GBP/JPY @ 167.200 with the STOP @167.500
There's is STRONG BULLISH MOVEMENT in GBP/JPY yesterday. Rallies from 162.600 to 167.000 changes almost 3% in a day.
NOW I AM GOING TO SHORT @167.200
GBPJPY is at the intermediate support.
It can make a double bottom and reverse or break down.
Wait for a reversal sign before going long.
Risky traders can short as soon it breaks down and risk averse traders can wait for a retest.
In both the cases Risk to Reward is pretty solid.
Do you your own research before entering any trade.
ALWAYS put a STOP...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello Guys, sorry for the long delay since i last posted a video on Tradingview, in todays video i pick up where we left off. I review the GBPJPY trade & the GBPUSD trade, we have now taken profit on GBPJPY after hitting target and we are short GBPUSD.
GBPJPY:
We last reviewed the GBPJPY trade in early March, we was currently in 3 positions and up around...
A quick video recap of yesterday's trades.
Yes the GBPJPY sell hit a stop loss. Shock horror - lol, it happens.
You can't go swimming and not get wet! As Tyson Fury so brilliantly said.
Anyway, yes we hit SL - but then we followed it up with a trade at 1am (that was automated on my account whilst I slept like a baby) that actually hit TP.
I show you in this...
we could see a potential grab of liquidity form the point of control 138.000 psychological level and we need break of structure with strong momentum to upside to see market continue push to upside
Follow me for more setup and breakdown
Since market structure and trend is to the upside we shall wait for new york session to see price retrace to at least 139.300 level before moving to upside.
We need price to Stay above 140.000 level for continue upside
--> Ema is bullish all all weekly timeframe to h1 timeframe
Follow me and leave a comment
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my...
EUR/JPY:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push...
GBP/USD:
• If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart.
• If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push...
Based on the Cot data we are seeing institution now adding position in the pound. so based on the weekly candlestick volume we clearly see sellers weakness. and daily shows we are in a range. so we could possibly see buyer coming to the market. Lower timeframe like h1 and h4 show beginning stage of upward trend . so how you capitalize on this move
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I am still super Bullish on Gbp/Jpy but based on what the market is telling us. we could see a pullback before a continuation. which comes in confluence with the cot data. institution are heavily buying Yen. so we could see a light pullback. to grab liquidity before move to upside.
Follow me for more updates in Gbp/jpy and other setup!!
