We already highlighted the possible options earlier. As we broke resistance and formed support, we executed longs with stops below the current 30m candle. Price ran for 10 pips before we secured profits and moved stops to BE. We then got stopped out at BE after that, so it was a good trade. This morning price broke support at 136.050 and we waited for resistance...
We are looking for a break of support at around 135.350-00. If this happens we would look for a resistance to form on the lower timeframes before looking to sell back down and fill the clean range down to 135 flat. The reason I am not looking for buys is that the upside is very choppy and there isn't a clean range to long into. However if we respect the support...
Hi all traders, I have done this video analysis of gbpjpy for you all to take note of some of the important areas. Now that gbpjpy have broken the important trend line, we should be sell biased at least for now. Do leave your questions in the comment section. Follow me on tradingview for more video analysis. Like and share with all your friends for this video...
Welcome to our weekly trade setup ( GBPJPY )! - 1 HOUR Slowly rising market structure.. 4 HOUR Small pullback to the upside, good short entries! DAILY Overall bearish market structure in a small pullback.. - FOREX SWING SELL GBPJPY ENTRY LEVEL @ 134.670 SL @ 135.210 TP @ 133.310 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
I see a break of structure, continuing the weekly trend.
GBP/JPY A roof? What do we have here? on GBP/JPY all we see is a confirmation for a sell to 131.372 We might see a pull back to 135.576 Resistance levels: 135.576, 138.27 Support levels: 133.372, 131.168, 129.341 Let's watch... #JustTradeFxOnline Thanks for your love and support. Don’t forget to like and comment for more.
GBPJPY testing a daily support , are we gonna break the support or correct ? rejected the support waiting for good entry for LONGS or short bellow 133.516
GJ.. I AM AIMING 1:8RR FOR 2.8 PIP STOP LOSS. GBPJPY
GBP/JPY price action on the 4H timeframe has formed a very convincing bearish flag. Price has been trading between 136.4 and 135.4 since the bearish impulse from last week. We are anticipating that this is a current zone of consolidation before the next bearish impulse to the downside. Once we get a break and close below structure at approx. 135.3 (or lower) we...
Hi all traders, This is a video analysis on gbpjpy I hope you like this video. As always, i have pre-warn some important levels inside. please take note of these levels and trade safe! Cheers and thank you very much! Follow me on tradingview for more trade idea analysis Like and share this trade idea with your friends
approach the trade parameters as indication and not as holy values. when it trades 139.80 tomorrow, lock some gains and move the stop into the money good luck
Much like GBPUSD there is a nice break and retest trade at this zone for a potential sell for another drop at the retest👍🏽 Make sure you use risk management and always look to trade with the trend💯
GBP pairs have taken a real hammering this week, and GBP/JPY is no exception! Price yesterday broke outside daily sloping support which has been intact since the lows from March. It has since bounced from the support zone circling 135.35 and is currently on a pullback leg of its move. We believe that this is looking like a great opportunity to sell the currency...
Hi all traders, With ecb over and done with. GJ has actually broken the major trend, so far, there isnt any much retracement happening. So im expecting a retracement to happen within the next few days. If it does, look out for the levels being informed. Cheers! Follow me on tradingview Like and share this post **Disclaimer: All trade ideas are of my own...
I see a retest of this daily level which also correlates with a 78.6% fibonacci. Before short to the -27.00% which correlates with the liquidity zone.
GBPJPY The price has reached the 142.720 which is low volume area there the price for rejected and resume the downtrend. At 142.00 major psychological level the bullish reversal also got rejected and head and shoulder patter has formed. Left shoulder is a August high price-141.616 and the head is a the September high- 142.706. And the price also bole the...
Hello my friends, Today i am trading GBPJPY as there is a very interesting setup on 1hr timerame. First we go a shoulders head pattern which got it neckilne broken twice. The first time price broken below neckline, it bounce from it for 80 pips. This time price broke below the neckline for the 2nd time and only bounce for 50 pips. This kind of movement shows...