Potential set up swing trade for GBPJPY
GBPJPY SHORT CONSOLIDATION .. NOTHING NEW.. PATTERN REPETITION. HOPEFULLY THIS ONE ISN'T DIFFERENT. USE GOOD RISK MANAGEMENT
GBPJPY: H4 - BULLISH TP: 140.7 - 800+ Pips #Forex @TradingView Point A: 148.5 Point B: 127 Entry - 132.6 RETRACEMENT Point D: TP - 140.7 SL - NONE
Technical Analysis for GBPJPY short. Fundamentals and market outlook are both taken into account. Follow us for advanced trading view indicators and institutional style technical analysis.
BUY STOP - Pending Order Buying GBP/JPY Entry: 134.75 Target 1: 135.50(75+ pips) Target 2: 136.10(135+ pips) SL: 133.40(135- pips) Risk Reward 1 Waiting for 4hrs handle to close above 134.6 and entering long on 15pips above the previous support.
GBPJPY bounced off 133.337 where it could potentially rise further to 134.537. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPJPY: H4 - BULLISH TP: 140.7 - 800+ Pips #Forex @TradingView Point A: 148.5 Point B: 127 Entry - 132.6 RETRACEMENT Point D: TP - 140.7 SL - NONE
GBPJPY Planning for buying, IDEA: When price makes a new higher high that gives us an opportunity Market will go up. Our Plan is waiting price do a re-test at SBR level.
BUY LIMIT - Pending Order Buying GBP/JPY Entry: 134.40 Target 1: 135.10(70+ pips) Target 2: 136.10 (170+ pips) SL: 133.00 (140- pips) Risk Reward 1
GBPJPY is struggling at the multi-month Trendline Resistance. Along with that, the RSI is showing a BEARISH divergence which can soon lead to a sell-off in GJ. Traders can look for SELL entries between 133.12-133.50 with SL above 134. TPs can be placed at 131.80, 130 and 126.50 respectively.
GBPJPY: H4 - BULLISH TP: 140.7 - 800+ Pips #Forex @TradingView Point A: 148.5 Point B: 127 Entry - 132.6 RETRACEMENT Point D: TP - 140.7 SL - NONE
FREE ANALYSIS ON GBPJPY Welcome to SiriusTrading, Check out my Free #analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE :) - 4HR CHART Bearish Divergence (hidden) also watch top for Sell down Watch break of trend-line for sell