*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 15-20 min first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
GBP/JPY has failed to break the local resistance at 166.31 and currently, price has pulled back quite strongly from the key level. We could see more fall in GBP/JPY if the current trend persists. I would be looking to sell if price reaches the resistance level and target the 162.70 level as my TP
Structure: Power move move to an important resistance level + RSI (Overbought) Strategy: Short - Potential bounce back expected from this level Risk/Reward: 1:2 Disclaimer: DYOR!
Bought after the correction happened to the broken Triangle Tps mentioned on the chart, Manage your risk and Good luck
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 expected direction for today is Bullish, but what about tomorrow? gbp run like there is no tomorrow ,The expected trading range for today is between 161.90 and 165.xx ❤️ Good luck this week! Please, support my work with like, thank you!❤️
Hi guys . I have identified important levels. The price is now near the SUPPLY level . ..📢 Please follow your strategy, , this is just my idea .🙌Please do not forget the ' like' button & Share it with your friends .✍ I will be glad to see your ideas in this post .🧲Follow me to see more analysis
GBP/JPY has reached the minor resistance level at 163.75 from where we could see a potential pullback. However, that depends if we see a bearish price action in the resistance level that I have highlighted in my chart. If we can see some bearish candlestick in this level, then GBP/JPY could slide back to 162 level. On the other hand, if price breaks through the...
Would take sell opportunities if the price reach the zone. Trade at your own risk. Good luck !
Seling though overall GJ is bullish I saw this good opportunity; liquidity build up and breaks of structure to the down
Price rallied up to daily pivot and rejected within a key sell zone with a 30 min bearish engulfing candle pattern.
Welcome to Monday’s update. In today’s video analysis, we’re looking at the EURUSD and GBPJPY on the short side. Friday’s employment data came out mixed, and while we did see a short push higher sellers took control in the NY session, setting up a fade into the end of the week. USD momentum has continued so far on Monday, with the risk majors trading lower after...
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...
Previous Monthly candle closed Bearish with a long rejection wick. High Probability The next monthly candle will fill the previous candle wick. We could continue the bearish momentum in September before pushing to the upside. Overall GBPJPY is in a Range I am anticipating price to respect my 1hr zone to continue to the downside. Liquidity is found in my retail...
Please write any advice or suggestions. Dear friends, request any cryptocurrency pair, currencies pair for forex, and any index that you want to be analyzed and ask any questions. Thanks for your attention Great British Pound vs Japanese Yen GBPJPY
Price cam up to key liquidity sell zone with resistance and 1h supply zone. 30 M bearish engulfing pattern. Price rejected off 0.786 fib zone.
Expecting a bearish continuation on GJ.....currently trading in my rejection zone which in turn expecting it to form a breakout zone.