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
After Thursday and Fridays bearish run last week price is now sat at an important support level and with Fridays candle closing as bullish on the 4H chart we are expecting price to carry on respecting this level, we might get 1 more test and bounce of this level before finally ending up in our green zone. Wit the only high impact news for this pairing coming on...
GBPJPY - BEARISH - Swing TP 141.000 AllI see is a major level of support and I am looking for this to hold. Thats it. Nothing crazy... Next major level is 141 so I am going there.
GBPJPY - BULLISH - TP 148.3 #Forex #FxProNow I see a level of support on the H4 TF... Looking to make a new high on the H4 and cont the up trend.
GBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNow We have seen GJ push for a while to the upside without a retrace or break of Structure on any significant TF, until now... We see that the M30 TF has broken a level of support. I would wait for either we see a nice retrace to 38.2 on that M30 Break then a nice bearish engulfing form OR it...
GBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNow We have seen GJ push for a while to the upside without a retrace or break of Structure on any significant TF, until now... We see that the M30 TF has broken a level of support. I would wait for either we see a nice retrace to 38.2 on that M30 Break then a nice bearish engulfing form OR it...
GBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNow We have seen GJ push for a while to the upside without a retrace or break of Structure on any significant TF, until now... We see that the M30 TF has broken a level of support. I would wait for either we see a nice retrace to 38.2 on that M30 Break then a nice bearish engulfing form OR it...
GBPJPY: BEARISH TP: Intra to 145.5 - 200 Pips #Forex #FxProNow We have seen GJ push for a while to the upside without a retrace or break of Structure on any significant TF, until now... We see that the M30 TF has broken a level of support. I would wait for either we see a nice retrace to 38.2 on that M30 Break then a nice bearish engulfing form OR it break...
Looking for a pullback to the support zone touching our trend-line for further conformation on candle formation and then long entries to the next target which is (150.785)
Here we have a trend line breakout and price closed above strong resistance thanks to the strength of the GBP last week, now all technical point to more bullish movement so we are still long on this pairing as we explained in our last GBP JPY post on FEB 28th if you want to take a look at that. A break of 2 strong levels could see price visit the moon again... so...
GBPJPY - BEARISH - Intraday Pullback to $145.5 - 200 Pips #Forex We have seen GJ on a very strong and long push to the upside with no retracement on the H4 chart. I think here it is... Right now we are at a possible level of resistance at this Daily Key Level $147.5. I will be looking for my TP @ 145.5 - Potential Point B - H4 TF Which is in Confluence with...
GBPJPY - BEARISH - Intraday Pullback to $145.5 - 200 Pips #Forex We have seen GJ on a very strong and long push to the upside with no retracement on the H4 chart. I think here it is... Right now we are at a possible level of resistance at this Daily Key Level $147.5. I will be looking for my TP @ 145.5 - Potential Point B - H4 TF Which is in Confluence...
GBPJPY - BULLISH - H4 Chart - Retrace Then Push to 147.3 #Forex So with the recent bullish action on the H4 TF with a HH forming I have to go with the current trend. I see an interesting thing that has formed... Randomly, I placed my fibs where price currently is from Point A @ 141.1 & Point B @ 146. When Placed I have seen many things... Future Point C...
GBPJPY - BULLISH - H4 Chart - Retrace Then Push to 147.3 #Forex So with the recent bullish action on the H4 TF with a HH forming I have to go with the current trend. I see an interesting thing that has formed... Randomly, I placed my fibs where price currently is from Point A @ 141.1 & Point B @ 146. When Placed I have seen many things... Future Point C...
GBPJPY - Bearish - To 143.5 Then Move to the Up to 147.5 #Forex Entry - Looking for next Bearish engulfing on M30 SL - Not looking for price to close above 145 yet... Looking for GJ to push downwards to 143.5 (38.2%) or 142.5 (61.8%) on H1 Fibs... Then continue towards (-61.8%) 147.5 as time continues.
GBPJPY - Bearish - To 143.5 Then Move to the Up to 147.5 #Forex Looking for GJ to push downwards to 143.5 (38.2%) or 142.5 (61.8%) on H1 Fibs... Then continue towards (-61.8%) 147.5 as time continues.
The weekly chart shows that a monthly channel has been confirmed with price re-entering from the bottom. This is bullish for the several months or so.