GBP-JPY is going up now But the pair has hit a horizontal resistance Level at 165.837 and despite the fact that I am bullish biased We all see that the pair is overbought locally Thus a correction from the level is a likely scenario
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, 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...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis. Press like button if you enjoy this content 😊
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Sell. Enjoy the day all. Cheers. Jim
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, 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...
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, 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...
The GBP/JPY couldn't break through a strong resistance and possible down move for a short term. RSI divergence also confirms the possible down move.
Still eyeing off some shorts on GBPJPY, my last area didn't show and resistance so now looking for price to make a move down after slowing down at this consolidation zone, my best area for entry would be another rejection from the top of this zone. Be aware that price is still bullish short term.. So if I take a position I will be aggressive with moving stops to...
Yoo family This is GBPJPY on the 1H timeframe, Price is presently trending upward and was complemented with two trendlines forming an ASCENDING WEDGE PATTERN. I'm expecting the price to push upward a little to a key level and resistance area of 167.500 and rejection for a SELL around the area Kindly watch the video till the end for a better...
GBPJPY surged sharply on the bullish pound sterling. holding above short-term 21-EMA, RSI Testing 70 level if break more up but scope pullback at 70
GBPJPY Intraday - We look to Sell at 167.50 (stop at 168.20) Buying pressure from 164.31 resulted in prices rejecting the dip. Previous resistance level of 166.32 broken. The current move higher is expected to continue. We are trading at overbought extremes. A lower correction is expected. We look to sell rallies. Although the anticipated move lower is...
GBPJPY as I explained last update I wanted to see make a pullback from this zone and that's exactly what we got. Now we need to be patient and wait for confirmation on a right shoulder or another rejection from sell zone to take entry's.
Watching price intently around the current zone, a third rejection from this zone will confirm a nice short opportunity. BUT its IMPORTANT that you wait for confirmation before taking entry! trading takes a lot of patients and that's what creates a consistent trader, don't rush any trades its Monday and you have endless opportunity week in week out.
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, 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...
USDJPY (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, 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...
Hi Guys, I'm looking to take this short on GJ. We have currently witness price print a perfect double top at a strong level of supply / resistance Price has now broken through support which we are anticipating to act as resistance We are now waiting for our entry which could either be a depletion of buying pressure and a new presence of selling pressure (wick...
GBPJPY - H4 - This pair blew up earlier riding the weekly uptrend and didn't give any pullbacks for traders to jump in. I'm expecting a nice sell off on this pair now down to a daily buy zone.