- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on 4th Jun 03 and TP 2 on 12 April 04 - If we are looking for sells we take on until7th jan 03 and TP 2 on 28th Jan 04 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the...
Daily - neutral. in no man's land this month. can be quite volatile. not suitable to trade this month. Origin - Bearish, in need of pullback. nah, not getting involved in GJ this week.
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...
Higher supports forming across multiple time frames and the trend is to the upside Buys make more sense in this situation
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Based on the latest technical analysis for the GBP/JPY pair on the H4 (4-hour) chart, here's a bullish perspective: - *Moving Averages: The short-term moving averages (MA5, MA10, and MA20) are indicating **buy* signals, suggesting a bullish trend in the near term. However, the longer-term moving averages (MA50, MA100, and MA200) are showing *sell* signals, which...
based on my strategy there will be another drop for GJ soon specially if closed below 196.863 (1hr) Heikin Ashi candle .
GBP/JPY falls toward the 50-Day SMA (191.59) after registering a fresh yearly high (200.55) at the start of the week. GBP/JPY Outlook The opening range for May is in focus for GBP/JPY as it marks the largest two-day decline since December 2022, and failure to hold above the moving average may lead to a test of the April low (190.00) as the Relative Strength...
up trend on longer time frame so we look to buy on 15 minutes time frame.
hello friends As you can see we had achieve all of our given Targets as we sent perdition in our previous analysis on this pair in this bull run... now its time to retrace some pips so if we see the Fib retracement its a easy target till design levels with a very low risk and higher rewards Friends its just a trade idea share ur thoughts with us Stay Tuned for...
📢 Signal: BUY GBPJPY 📈 Entry Point: 194.511 🔍 TP1: 195.211 🎯 (70 pip TP) TP2: 195.911 🎯 (140 pip TP) TP3: 196.611 🎯 (210 pip TP) SL: 193.811 ⛔️ (70 pip SL) Ensure proper risk management when following signals! 💡 @Mr_Bombastic_Signal
Price recently reached the 193.193.496 pivot , tested and retested it within the last few hours and now seems ready to continue with the upward move . one can observe 2 minor resistance points coming up : 194.369 and 194.893 . i expect the price to keep moving up and beyond these resistance point to finally reach the end Target of 195.483. For now my initial/short...
The Japanese yen steadied on Friday, with USDJPY hitting a three-week low after a sharp drop this week that traders largely attributed to government intervention.
#GBPJPY UPDATE Hey team hope you all are enjoying our ideas and analysis Now we are here to discuss about GBPJPY. GBPJPY is getting a good bounce from this support level. Here we can see gain upto 300Pips+. Keep in touch we will update further soon.
GBPJPY Long trade 1. Weekly Uptrend 2. Strong Bullish Candle 3. Candlestick reversal pattern at rejection of support 4. Currency Strengh Meter Confirmation 5. No high impact news tomorrow 6. Take Profit under local resistance 7. Take Profit in daily ATR range 8. BUY/SELL Indicator Confirmation 9. 2% Risk, 1:1 R:R
Price retested weekly uptrend buy zone and is pushing back to market high. Watch for bottom wick rejection at H1 zone for possible entry for further bullish momentum
Daily order block has yet to be mitigated leaving pending orders that need to be liquidated. Based on lower timeframes and a Wyckoff accumulation schematic, looking to take price back up to unmitigated 5M/1M order block before falling to pick up more liquidity to take to the upside.