We can see that price is at a good support zone on the 4H chart and on the daily chart price has been consolidating, ranging or just moving sideward for weeks, all this makes this a good strong setup in our eyes for a bounce and bullish movement up to our green resistance zone. If this trade plays out you could bag yourself 150+ pips, not bad for a snack ;p But...
GBPJPY Intra - Bearish 145.5 / Swing - Bullish 148.5
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
watch 146.5 level break above that. next watch zone is 146.9.
Straight forward really, bearish movement down to our support area ( red zone ) then a bounce and bearish movement to our resistance area ( green zone ) I'm just going to keep this 1 simple as there are a few simple people about ;p if the cap fits wear it.
GBPJPY - Consolidated... Waiting for Bearish Push
GBPJPY has been travelling in an descending channel, it had a little fake breakout , but price came back into the channel, retested the inside and has started travelling down. Price formed an ascending channel on its way up , however it has now broken out to the downside and has come back to retest it , giving us another indication that we should sell.
GBPJPY - Bearish - TP 144.1 SL 146.5
147.5 - TP 144.6 - SL Bullish H1 Candle on GJ For Entry ONLY if price Holds 144.6 Watch Video For Details.
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
If the daily candle close as bullish we have an edge here we could go for a long position with mention plan on the chart. *Note: Please accept the risk of the Trade before opening the trade. It will be better if you use pending stops somewhere above the current resistance level. **Thank you **
GBPJPY LOOKING FOR GJ TO RESPECT THE ZONE OF 145.080. THEN COME UP TO 145.800. THEN WE CAN FINALLY CATCH THE MOVE DOWN TO 144.600.
BUY & SELL Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !!
Key strong support / resistance level is pointed out with our arrows ( if you follow us you will know this ) We are expecting price to retest this level ( its not far away ) and then bounce making a lovely bullish run possibly up to our next resistance level ( top green line ) Use this in line with your own analysis, so if you loose your house you cant sue us ;p
GBPJPY - BEARISH - TP: 144.1 #Forex #FxProNow Still at resistance Broke Support on Lower TF... Looking for continuation to the downside.
GBPJPY: BEARISH TP - 144.100- 350 Pip Move #Forex #FxProNow Looking For Price to Hold resistance at 148.5 area TP - Looking For Price to Get to at least 144.1 SL - Price Most Not Get to 149 Area