Dear traders, in the 4hour chart of GBP/JPY, you can see that a few bearish candlesticks have formed in the resistance level. This could be a potential double top from where price can decline. GBP/JPY is also over extended from it moving averages in all the major time frames which means that a correction could be well on the way. If price is unable to break...
Hello, last week GJ had a big bullish movement but dropped beautifully at the end of last week with bearish momentum as on the weekly we were on a critical area next to major trend lines, zones, weekly foundation levels. Currently we have hit our 61.80% , am expecting it to move upwards with small bullish momentum hit that minor trendline(Yellow) continue with its...
GBPJPY showed a follow-through selling after a massive sell-off on Friday. Break into cloud and slips 55-EMA holding below short term (200 EMA)
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.
Dear traders, in my previous GBP/JPY idea I gave you a signal to sell GBP/JPY above 168.10. ( previous idea link pasted below for reference). If you followed my signal, you have already made 300 pips profit. Currently, the price action is still bearish and I recommend traders to sell the rallies. Wait for some pullback in lower time frame and if you see...
Take a look at these two weeks. Amazing how the markets work huh?
What do you guys think? I know its a HTF chart but 4000+ PIPS down, why not?
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, today earlier in the Asian session TP2 was hit on our fib level -27.00% and currently, we are sited on zone that has been tested as resistance and support in the past as this is a strong area, so there might be a break and retest of that zone before pushing to -61.80% and perfect for an entry. more so we are inthe process of moving to our last TP before we...
Hello, yesterday we saw a huge push to the upside, and is once again hitting the 167.00 as of today, currently I want to see a break and rested of the upper zone before heading up to 167.400, and hitting the -27.00% fib level as TP 2 since it already hit 0.00% fib level, TP1. Although trade when all confluences are lined up. Jesus loves you❤️
The new trading idea that we are exploring together today is going long on GBPJPY and the data that we have is as below: GBPJPY BUY @ 166.049 TP: 167.267 SL: 165.537
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.
GBPJPY is overextended or, in another word, overbought. It has been moving up for a consecutive 8 days. We expect some pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
Hello, currently we are waiting for a break of that minor structure trend-line for a minor sell and also basing on structure a sell is coming forth. Although have enough confluences when entering this trade. Jesus loves you ❤️
Hey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
GBPJPY Intraday - We look to Buy at 161.85 (stop at 160.75) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. Preferred trade is to buy on dips. Our profit targets will be 165.00 and 168.40...
Hello, for this week I want to see the market open with a small bullish momentum, although it’s at a critical area, next to weekly foundation level and near a trendline and zone. So am expecting a retest if the trend line before pushing further to the upside, more so its near the 61.80% fib level which is for reversal but if it passes that level and doesn’t reject...