agressive bullish trendline, next week im waiting GJ to touch 1.36.300
FX:GBPJPY this time I have an idea for the GBPJPY. In the very short term it should bounce off the 50%/SR/value zone, so it's a triple confirmation for an energy point that should be tested. If it does with a nice price action I will enter a buy looking for 40-60 pips. The only minus in this trade is the day of the week: Friday. I don't like to trade on...
GBPJPY SET UP 4.17 RR, Simple price action set up. Chart Explains it all Follow for regular updates
I chose to use H4 Chart to show because its clear. This analyis is using the Daily and weekly time frame for higher validation. GJ has made a major push up and broke through consolidation box or prior Daily ROOF, major momentum showing that BULLS are in charge. Now pullback should happen to one of the Fibs levels, I have them all colored 38 50 and 61! I will...
just measure it with last down trend to present up trend, up trend is much more aggressive and powerful. then it stopped for sometime and created a flag. retesting period is almost over. so it should go up from here to test upper trendline/resistance level. and we can take decision again will it break through or change direction. excuse my english please please...
See chart anotations. Anticipating a temporary short for the GBP into a long swing. Tight stop losses bc of supply and demand zones. Will be updating this as market structure forms.
Hi Traders, The GJ pair provides great long opp. It recently broke out from symmetrical wedge pattern and confirmed it has a higher chance of going up. It looks like it will continue uptrend as UJ is trading within the uptrend line as well. The next supply zone is @ 143.7XX area if it breaks out from 141.000 - 141.300 resistance zone. Good luck traders, may...
Possible UJ Seasonality opening bell will play scenario 1 and other if JPY overpowers GBP then UJ seasonality will be postponed. Examples on how this may play are visible earlier around August 9 and 13, see the tag numbers 2 and 1 respectively. GBP is likely going to strengthen a bit more while JPY is devaluing, leading to a mini crash of JPY which is causing GJ...
FX:GBPJPY the pair is brutal and beside all the good bullish signals, the brexit news can hit hard anytime so trade with caution
Old zone, let's see will there be some deviations or we good on this trade.
It might be too soon to go long since there is another zone below the one I made an entry on.... keep that in mind .... so if this zone breaks next one will prolly hold but since I do this for practice I might as well place some trades which I thing might work instead of waiting for perfect trades, so keep that in mind too if you feel like following this trade. Cheers
I am looking for GJ to continue to make Higher Highs and Higher Lows. The last time we were at this level with traffic was in 2016. There was a brief period of pass through all the way down to 131 back in January of this year and then back up past 135. We all know what news that was. I would only look to short this if it broke below 134.546. I don't...
GBPJPY Daily time frame, 136.000 zone has been tapped off We have some MACD convergence Going to wait for daily closure, a hammer formation / dragonfly doji would be ideal to see for buy orders to kick in! 1. This profile is for educational purposes ONLY! 2. The setups given are my own perspective of the forex market and by no means require action! 3....