Hey trader, I hope you're having a profitable week! I thought that the price was ready to rally for the rest of the year, but I was wrong. The monthly and weekly timeframes weren't fully ready, especially the weekly timeframe. It only gave me a market-maker pattern signal and not the short-term MAs one. A retest with a bullish reversal candle close is expected on...
at the moment i am waiting for a entry to long gbpjpy to 169.288 (.236 lvl) and that will be my first tp my entry i would need the hourly to close above 168.113 then i think it can run back up to 169.288 if a 15 - 30 min candle does not close above then i will short but reall i want it to break over and run all the way up to 169.895 - 170.037 as my short entry...
Will post in update give me 5 mins to see what im thinking
GBP-JPY was trading along the rising support But broke the rising support so I am locally bearish And I think that the pair will go down
GBPJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) 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...
FX:GBPJPY Hello everyone, Heres an update on my earlier analysis for GBPJPY running in 80 pips in profit Hope you caught this trade !
FX:GBPJPY Good morning traders! This is my analysis and trade for GBPJPY, signal sent on London session. 40 pips in profit at the moment and we expect more. I excecuted because of the rejection on the supply/demand zone. comment your opinion in the comments!
31st October daily key reversal bar made a new high closed off the low. 1st November daily insurance bar breach and close below key reversal bar low. several supports area below with small distance so price may move up and down due to support and resistance levels. Initial target for short 167.30, long term target : 163.00 stop loss above key reversal bar high.
GBPJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) 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...
in 4 hours it looks raising wedge pattern which likely goes bearish / sell or} there is a possibility that the pattern brake out / brake down can be taken the trade accordingly - my suggestion is wait and watch
GBPJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) 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...
GBPJPY Bearish @ 1 Hour GBPJPY came from HH and moving towards LH Bearish Divergence, Dow Theory, HH, HL Entry: CMP SL: 172.5 TP 1: 170.5
what i can see happen is gbpjpy uses the 10% as support (170.545) run back up to the first .236 (170.785) if it does break that then itll run back up to the 2 .236 (171.167) then i will go back into shorts and my tp will be at 169.900 but atm im going to scalp calls to the top if the 10% holds
waiting for this pop will enter into puts once it hits my sell zone but my sl will be pretty tight either a 10 or 15 candle close above i will close it out depending how it looks
GBPJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) 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...
It's forming down to make an entry at the upper level but let's watch out for sell level down to 165 limits to drop
🔴 GBPJPY TF: 12H Side: Short SL: ¥170.095 TP 1: ¥165.030 TP 2: ¥161.896 TP 3: ¥1159.364 This pair is at a strong resistance and looking overbought. I think it will go down to around ¥160ish and then bounce up from there.