GBPJPY has broken its rising support and moving downside. We have immediate horizontal support ahead we bulls may show some relief bounce. A break below the horizontal level will be all over for the bulls and a bearish trend will prevail. Trade your levels accordingly.
GBPJPY lost more than 100 pips in today's Asian session on a strong yen. Testing 200-MA if break below more downside eyes
Working on not overtrading and sticking to my plan. I'm up 8% on my funded account, however, I leave too much money on the table by either over-trading OR not trusting my trades to hit TP. My analysis continues to improve. Price action will determine which of these trades to take.
Here there are 3 opportunities on GBP. Price Action will determine which one of these 3 set ups I take :).
Hello Trading view community Short-term bullish idea Entry: 166.350 Sl: 165.530
Nice and simple. Waiting for the retest of one of these 2 scenarios.
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 triple topped on the daily time frame, hasn't broken the high of 168.710 or the neckline low of 161.727, the daily candles are in a weak bullish up trend Lower 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...
Will wait for one of these paths to fulfill before looking to buy or sell GJ. Nice and simple. Let's see how the day goes.
Possibility of this happening. Just wait on price to do what it's supposed to do at the specific time. Be patient and use good money management skills!
Trade Proposal: There is a probability of first tp to the proposed ( 167.400 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short-term goals. Technical analysis: GBPJPY Waiting for the Range Bound and the beginning of the Ascension Trend.
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 – SPOT: Buying On A Breakout Above The Bullish Inside Bar + Pin Bar (Combo Setup) Price Action: Price formed a Bullish Inside Bar + Pin Bar (Combo Setup) overnight. Price moved higher from the Inside Bar Pattern that had formed earlier this week (We did not consider trading this pattern). Price moved higher from the prior Bullish Fakey + Pin Bar Setup...
GBPCAD SHORT ,strong supply area Sell at the supply area take profit on the trend line. Then buy on the touch of the trendline to continue with the uptrend
confluence to new 4hr stucture, a better fib placement is made with clearer levels. Lots of wicks of the 1 hr support and 50% fib area. Structure to the upside.
Hi Traders, Today I take another look at GBPJPY, Price has dropped as expected in my previous post, But I have gotten stopped out before the drop. Looking At price, I believe the move is now done and we can expect a continuation to the upside. Based on the 30-minute timeframe we have bounced off support and started moving bullish with all the current 30-minute...
GBPJPY has overall bullish market structure with a pullback and several wicks rejection on a daily support and and .382 fib level.