Entry Taken During London Session. 1. Price Creating New LH's and LL's Indicating Sells Over Buys. 2. Entry Taken at the Freshly Created LH. 3. Entry Taken at Daily Break Of Lows.
Hello Traders, this is outlook that i think might be work. All Entry, Stop Loss, and Take Profit its already showed up. All trade it is on yourself. DYOR.
Daily - bullish bias. as long as price is above **191.213**, bullish bias will remain intact. any long position here will be managed or closed at least in part as price approaches **192.399**. Origin - looks bullish but there are few resistance areas above so we may experience volatility this week.
Considering the position of the price in the current range, the behavior of the price in the support range is very important. If the price crosses the support range, it will be possible to start a downward trend. Otherwise, it is expected that after some fluctuation, the continuation of the upward trend will take place
GBPJPY is rising toward the pivot point that is close to the 50% Fibonacci retracement and could potentially fall to a support level Alternatively, if price breaks above the pivot, it could continue to rise to a multi-swing high resistance level Pivot: 191.74 Support: 190.15 Resistance: 192.79 Risk Warning: Trading Forex and CFDs carries a high level of risk...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
GBPJPY- PRE-OPEN IDEAS Interesting channel developing with JPY's continued weakness. Sharp move down in the very early AM of Friday saw buy opportunities snapped up. Interested in a small long off the 200EMA given the right conditions, with stops as far as Fridays wick.
we are clearly bullish we need to take some liquidity before we go up again we can take a sell in 4H OB4 after we look for a long in obd good luck
GBPJPY 1 Hour Trading Journal Since March 19 price has been primarily offering premium prices in a tight institutional consolidation range. Price tested the 4 hour BISI 4 times in an attempt to rebalance. On Thursday price took the daily noted equal lows. Then on Thursday price was rejected at the weekly daily sell stops. Price has been rebalancing a...
we have witnessed change in price behaviour, in longer time frame price have failed to breakthrough You can take sell entry now with stop loss and take profit as suggested. Please use accurate risk management to have better outcome.
British Pound / Japanese Yen X right prices for week 4 of April - early May. Some area still need some attention and it may still make a lower prices: Retest still not finished at the following area: 191.071 190.713 190.416 However, if a support is confirmed and low retest hold within the key level then it will start uptrend and expecting the following...
I suggest you to wait for a break of 15m LH and than a pullback at 15m resistance level with a sl at 192.74,, Trade Safe my friend.
GBPJPY not doing much from last couple of weeks so have to resort to Support play to trade.
In the short term going into next week I expect to see the pair slide further down. Break & close below the trend line (lower channel line) would likely spike interest to short this pair after refusing to make new highs. Candlestick patterns confirms further rejection for a push to the upside.
The area around the WR1 (192.52) pivot both last week and this week has been a bridge to far for GBP/JPY BULLS. I've shorted this pair 4x this week and we're back at the pivot once more. Yesterday saw a massive sell off in the early hours and this looked like it was the end for GBP/JPY BULLS but amazingly they've recovered all lost ground and the price is pushing...
GBPJPY signaling a trendless market. Similarly the RSI continues to hover around confirming the current indecisiveness of market participants. More importantly, the stochastic oscillator is trying to edge above its moving average, but such a move needs to pick up pace in order to be seen as a strong signal
In recent trading sessions, the GBP/JPY pair has embarked on a notable bullish trajectory, diverging from our previously envisioned bearish scenario. This shift in sentiment is evidenced by a series of bullish candles, signaling a resurgence in buying pressure. The pair has retraced to the pivotal zone around 192.200 - 192.500, where a convergence of technical...