Good Morning Traders, GBPYJPY is a sell towards support, nothing more to add to this analysis except it fell from RESISTANCE ZONES (top and middle) and heading to SUPPORT for about 40 pips. IF this analysis makes sense or matches yours, please hit the thumbs up icon :)
Hey friends! GBP/JPY is in a head and shoulders pattern. I´m fundamentally and technically selling GBP/JPY. I think it will fall with the Dow Jones.
If it hits the line. The pattern forms the head and shoulders. And it comes down to the stretched arrow.
Good Morning Traders, my analysis for GJ is simple and straightforward in the sense that i'm waiting for price to close above the YELLOW ZONE and i will take a LONG TRADE towards the next YELLOW ZONE for TP1 and next YELLOW ZONE for TP2, BOTH are support zones. EDIT: Also the Daily Support could be TP3 for 100+ pips, and if you wish to take it there, please move...
GBP/JPY fell down like an apple from a tree and smashed our 1st Take Profit. 2nd Entry was closed manually when it reached the first structural Level on H4 Timeframe.
Plan : wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!!...
I set a fibonacci and we clearly see a retracement of 133.500. Moving average showing us possible trend change, so I think this is a good opportunity for SELL. MY PLAN: -My entry level is betwen 133.100 and 133.400 . -My SL 133.750 (fibonacci 0.75) -My TP 130.800 - 1000-3000 pips we should see this week if this idea will work. STAY CONSISTENT, TRADE YOUR...
Idea: To complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Follow, and Support channel for future content. Thank you and happy trading.
currently, we are seeing price reacted to the daily supply zone and if seller manage to push the price down and breakout 133.70 support level we might have a chance to short sell on this pair, from my previous trade idea (link attached below!) the setup was running with +300 pips gain and you could partially close this position and move your stoploss to the...
We saw that the trade did not go as we expected , but now I am waiting for it to finish the pullback at around the marked area and if we see that there was positive price action moving our way , we can enter the trade. I have set a buy limit at that point , so you can expect the trade to happen at any point soon Buy Limit : Entry : 126.955 S/L 126.428 T/P 1...
AS we can see on 4H , there was a nice pullback , so now we can expect a bullish price action and start taking it to the new longs
Plan : trendline & resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make...