NOTA: El análisis anterior de GBPJPY donde perseguiamos solo +60 pips, se dio con éxito hasta los +70 pips (actualmente). Éxitos a quienes tomaron la entrada!
Actualmente, nos encontramos en un retroceso ascendente de aproximadamente 30 pips. (No operaremos éste retroceso; Solo le mantendremos el seguimiento hasta que se cumpla.) 134.985/135.315.
After dropping for almost TWO WEEKS, it would be interesting to see if GBJPY manages to Stage a comeback. Price has hit a Major DEMAND AREA on the Weekly Chart.
We need a couple of Constructive BREXIT related News and Improved RISK APPETITE this week to push GBPJPY higher.
So, in case of POSITIVE DEVELOPMENTS, as mentioned above, Swing Traders can definitely BUY...
GBPJPY is approaching two MAJOR SUPPORT LEVELS, the first being at the 141.01-141.15 area which has seen some decent INSTITUTIONAL BUYING in the past.
The Second Support being at the 139.80 area which is a STRONG SUPPORT as well.
It's expected that GBPJPY will bounce from one of these LEVELS and go towards the RESISTANCE at 143.80.
So, traders can look for BUY at...
In my previous idea, I advised about buying GBPJPY at 143.80-144.10 area. As you can see, the price has moved up after hitting the area that I mentioned. If you have already bought at the support area, you can hold the trade for 145 and 147 TP.
Others can see the lower time frame and then go long.
For FREE SIGNALS, charts, and analysis, check my signature link...
www.tradingview.com recovery form 143.80/70 favors bulls, 200-day SMA and nearby trend-line can flash on buyers’ radar. marked since late-February and 100-day simple moving average (SMA), which in turn signal brighter chances of its run-up to challenge 200-day SMA. If buyers manage to surpass...
We are seeing a consolidating price action on GBPJPY during the last 4-5 weeks. And, this is quite expected.
GBPJPY has rallied close to 1700 pips from the lows this year and in my opinion, the recent consolidation will soon lead to another rally.
From the chart, I would like to point out 3 things:
(To receive signals, ideas and updates, don't forget to check...
Since to large stop run on new years eve, we have seen this pair move higher over the first quarter of 2019. With higher time frames showing bullish activity, a buy pivot was printed on Monday when price was
in the buy zone of the previous buy pivot candle. With the MACD to confirm the direction, now is a good time to get long. I'm looking for a target of 184.240...
Signal ID: 64630
Time Issued: Thursday, 28 March 2019 17:44:15 GMT
Entry: 143.968 - 144.836
Stop Loss: 145.399
The Breakout Opportunities system has just sold GBPJPY at 144.284. The system recommends entering this trade at any price between 143.968 and 144.836. The signal was issued because the GBPJPY has broken its 24-hour low while...