Today’s expectation is explained in the chart. Follow me here to get notified of future posted analysis.
Waiting for a pullback into 161.987 or a break and retest of 164.817 to long GBPJPY back to the Daily key level at 168.000. If you agree drop a like and if you have any questions leave comment :)
I have always been curious of how to use Ichimoku and yesterday I watched a video on the indicator and how to trade with it. It has always looked like a jumbled up mess. I did not break down the components and analyze them just took the strategy and I will test it in my demo account before applying to my live account. With Ichomoku, a long trade set up is...
GBPJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we...
confirmed reversal double top, formed a descending channel pattern forming a bearish flag pattern within the pattern rising wedge pattern in 15M TF
Break of descending channel. 1hr structure is bullish with higher highs and lows. 1hr ADX positive is above 20 with baseline gaining momentum. Rejections off the daily pivot.
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Buy. Enjoy the day all. Cheers. Jim
it is time to buy gbpjpy to new target 167 at long time ............................................................................
GBPJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we...
Hey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like👍 and follow. Thanks.
gbpjpy to retest around 163.700 zone and then a move to the upside
Red line is a 1 hour counter trend line, if broke, I hope to see the price come back to the retest zone and then fall to the nearest 4-hour support. Let's see how this plays out
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.
The reason is that the price opens above pivot points and moving averages which shows me that buyers are in power .... now I do not want to buy and I want to wait for the price to go down to pivot point where I want the price to slow down and the cluster indicator to give me a signal to buy...and one more thing I think jpy is trash
Today’s expectation is explained in the chart. Follow me here to get notified of future posted analysis.
Bullish break above daily pivot. Continuation of ascending channel. Market structure is making higher highs and lows. There is a bullish engulfing 1hr candle.
GBPJPY (LONG)- If all the support holds in place. If we see the Support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we...
Bullish Chanel breaks 200 pips opportunity golden area.