FX:GBPJPY last came to this area back in November 2015. Although there seem to be some form of rejection around the 184.839. It is very possible that the now found support (based on H4) just might hold however I will rather wait for it to break out of the most recent resistance at 185.522 and retest before I take a buy. Equally the short scenario is very possible...
Dear Traders, FX:GBPJPY price consolidated and it is time to extract from that consolidation phase, we are now targeting 190 price region which will be crucial to look around that area. Entry now with accurate stop loss can be a good option to buy swing and take advantage this trade. trade smart not emotionally,
HOW MANY LINES DO YOU DRAW ON YOUR CHART TO UNDERSTAND WHERE THE MARKET IS GOING NEXT? I am not a big fan of messy charts, full of lines, channels, Fibonacci, blablabla... The list can be really extensive. For FX:GBPJPY pair, it has been rising for the last 4 months, non-stop. We can see RSI indicating it is overbought and OBV showing divergencies vs price...
FX:GBPJPY OANDA:GBPJPY FOREXCOM:GBPJPY
FX:GBPJPY Great opportunity on GBPJPY Price made new high @ Major Trend resistance now following a doubble top on 1h Entry @ market price Tp 1 @ 153.351 Tp 2 @ 152.236 SL @ 154.567 @SFempire21
Possible long position for GBPJPY. I predicted exactly where the price would hit the local support line and bounce back up, we will now take this conformation and use it to Buy GBPJPY to the next local resistance line, and after that we may take it to a stronger resistance line. Keep an eye out for updates as I will be following this pair closely. FX:GBPJPY
FX:GBPJPY : After huge daily bullish candle last expecting GBPJPY to continue the bullish run through out this week. Today can be bearish candle close but tomorrow it should take off. E: Above 145 SL : 143.75 TP : 148.35
🎗️Pair of Name : FX:GBPJPY ( British Pound /Japanese Yen ) 🕞Time Frame : 4H ✔️Direction : Neutral ➕Type : Neutral 🎓Educational setup. ———————— 🏷️Description -------**-- While buyers have dominated recent trading, their control is slightly slipping, indicating a potential consolidation or retraction stage. Combined with that, there's also a channel band that...
FX:GBPJPY Hi guy this will be my setup for G/J. We have been moving quite bearish last week and ended the week @ trend resistance. This resistance had been hold price quite strongly and now have a strong possibility to repeat itself. Entries and Take Profits you need to take carefully with proper risk management
Awaiting conformation for GBPJPY. Price is currently turning into a strong push towards a fairly strong support zone. This could indicate that a reversal is happening. However, we should wait for conformation as the price could break the local support zone and head to the downside, hence the red arrow. Price is also currently running below both the 50 EMA and 200...
FX:GBPJPY FX:GBPJPY FX:GBPJPY Perfect retest short here