These are the 3 scenarios that I see on GBPJPY. Bias is to the downside, however, candle action will decide.
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GBPJPY market is moving in downtrend channel. While in recent downtrend we can see bullish engulfing. So looking at the position i am looking for buy move with two possibilities that i have mentioned.
As you can see , pair made same pattern on exactly same levels. It made HnS on 30 min chart , wait for neckline break Trade safe guys !
back above we are bulish target 134.35 trade at your own risk its a idea
GBPJPY analysis update and I’m seeing it’s going to move for +150 PIPs to the upside ✅
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Weekly: Price has double topped on the weekly time frame, hasn't broken the high of 168.710 or the low of 155.609, from a macro perspective price is technically still in an up-trend Daily: Price has broken neckline low of 161.727 and could be due for a short term retracement given consecutive days in the red. A close below 155 - 160 on the daily would be ideal to...
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...
found good setup on GBPJPY for long . stick to 15 pip stoploss and use proper money management.WISH YOU ALL THE BEST.dont forget to like and follow me it motivate me to keep sharing my personal entries to public
Would love to see GJ tap into support, but I will wait for the 4-hour candle to close. If I see rejection, I will buy to resistance.
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...
GBPJPY showed a minor pullback of more than 150 pips from its Friday's low of 161.56 The near-term resistance is around 164, holding below 21-EMA
My forex course regarding my strategy in full will be released this month! All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into...
Price Action will determine which one of these set ups I will take :)
Happy New Month Family ❤❤❤ We are about to secure the big bag this month of JULY We'd pay more attention to GBPJPY this month Kindly watch the video till the end Kindly, like, comment your thoughts, and follow for more content🙏
The market of GBPJPY taking support on it's trendline. I believe it will obey it's support and will go more upside.