Details on chart - looking to continue playing the overall HTF bias of bulls
Hey Traders, in the coming week we are monitoring GBPJPY for a buying opportunity around 180.900 zone, GBPJPY was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 180.900 support and resistance area. Trade safe, Joe.
GBPJPY - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. This is positive for sentiment and the uptrend has potential to return. Previous support located at 179.92. The hourly chart technicals suggests further downside before the uptrend returns. We therefore, prefer to fade into the dip with a...
Hey Traders, in the coming week we are monitoring GBPJPY for a buying opportunity around 181.800 zone, GBPJPY is approaching a significant support line in combination with 181.800 demand area. Trade safe, Joe.
Hey Traders! 👋 For Day 41/100 of our challenge, we will look at GBPJPY long idea Technicals: - Ranging between 184-182 - Price squeezing towards top of range - Breakout of 184 opens 186 upside - Failure to hold 182 invalidates trade idea A simple one for today since I'll be out and about. Hope you had a great trading week!
GBPJPY H4 Looking like we want to slow down on the gains here amongst a handful of ***JPY pairs, GBPJPY looking like the most attractive for shorts at the moment, but a little more confirmation wouldn't go-a-miss. Looking at USDJPY and EURJPY respectively, we have seen a downside dump and retest. Seeing shorts out throughout the start of Q3 and a deeper...
GBP/JPY has successfully broken out of its bearish range following the news events on Friday. As a result, we will now shift our focus to identifying bullish setups. Although the price action isn't optimal based on the close, we have a swing range that presents buying opportunities. However, it's important to note that there are some significant red-flag news...
Hey Traders, in the coming week we are monitoring GBPJPY for a buying opportunity around 182.400 zone. GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 182.400 support and resistance zone. Trade safe, Joe.
GBPJPY hit today the top (HH line) of the Megaphone pattern that started on the May 24th 2021 High. Tha last time it did (April 18th 2022), the price got rejected back to the 0.618 Fibonacci level and the 1W MA50. Right now the 1W MA50 is already near the 0.618 Fibonacci and is headed towards the 0.5. With the 1W technicals vastly overbought (RSI = 75.716, MACD =...
Details on chart - looking to see more continued buys on GJ after solid pullbacks occurred
-SL @ 195.00 🚫 SLO2 @ 191.25 ⏳ SLO1 @ 183.75 ⏳ TP1 @ 169.66 (shaving 25%) TP2 @ 157.50 (shaving 25%) TP3 @ 148.66 (shaving 25%) TP4 @ 135.00 (closing ALL Sell Orders) BLO1 @ 131.75 ⏳ BLO2 @ 123.75 ⏳ -SL @ 120.00 🚫
🙌🏾 NO RISK TRADE MODIFICATIONS SLO3 @ 191.25 ⏳ SLO1 @ 183.75 📉 +41 pips +SL @ 183.66 🚫 +9 pips SLO2 @ 183.20 (1m) ⏳ TP1 @ 169.66 (shaving 25%) TP2 @ 157.50 (shaving 25%) TP3 @ 148.66 (shaving 25%) TP4 @ 135.00 (closing ALL Sell Orders) BLO1 @ 131.75 ⏳ BLO2 @ 123.75 ⏳ -SL @ 120.00 🚫 🤑 Our Net Equity is @ +158 pips 🚫 +SL modified to preserve capital...
26/06/2023 - 1 Hour TF GBPJPY has been in a Bullish trend for quite a signifcant amount of time consitenly making Higher Highs as well as Lower Lows. Supported on the Weekly, Monthly, Daily & Hourly timeframes. Despite recent Bearish breaks we are looking for potential buys as we kick of the trading week. Recent news articles also points to a potential...
Hey Traders! 👋 For Day 38/100 of our challenge, we will look at an update on our GBPJPY long idea we sent last week. Technicals: (update to tagged idea) - We've rejected the 62% fib retracement - Created a new high above 182.500 - Expecting this break of high to clear 184.4 - If 181.2 is broken to the downside, invalid idea *** Note that this trade was based on...
Hey Traders, in tomorrow's trading session we are monitoring GBPJPY for a buying opportunity around 181.700 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 181.700 zone. Trade safe, Joe.
Hey Traders! 👋 For Day 35/100 of our challenge, we will look at a data-backed NZDJPY long idea Technicals: - Impulse higher on break of 179 - High created at 182 res. - Now retracing lower - Expecting 179 to be retracement extension - But if price doesn't extend down to 179, look for a break and retest above 182 res. Today is a harder one as we have too many...
Details on chart - looking to see pullbacks on GJ before continuing with the HTF trend of bulls
my idea for gbpjpy with high risk this pair by long time it will reach 193 but now i think we have good to sell it just take 200 point with small stop loss approximetly 50 point