GBP/JPY time frame:4h The end of Elliott wave 5. Divergence in the indicator RSI-MACD
The Dragon has been surging since the start of the Year even more after my initial trade idea from January which did hit my first target of 185 it has now rallied to new highs and sitting at a key Monthly level so what next ? Personally I think once again we have a nice shorting opportunity as we are at a key Monthly resistance level that goes all the way back...
welcome here is my gbpjpy long idea market is overall bullish lets see how this setup plays out
hoping for this lol, any form of retracement, my order on gj i didn't post just hit tp, 5RR, but i sold it at break even, damn lol, right trade just wrong time, you would expect the pump to be in JPY timezone lol.
I see a bullish momentum on TVC:BXY making me think FX:GBPJPY is heading higher in the near future This is my expectation on how it will play out
4H is swing bearish => currently is pullback up We sell short when the price increases to the OB block and in the 15-minute time frame there is a decreasing CHoCH signal.
Due to the fact that the price was fixed above the green resistance range, the beginning of the upward trend has been formed. Therefore, it is expected that we will witness the continuation of the upward trend. If the price crosses the red support zone, the above scenario will be invalidated and the trend will change
📈 GBPJPY Buy Opportunity: 📈 🎯 Entry Point: 189.161 🎯 Take Profit Targets: Take Profit @ 190.500 Take Profit @ 191.000 Take Profit @ 191.500 🛑 Stop Loss: 188.500 📊 Trade Analysis: The GBPJPY pair is showing strong upward momentum, indicating a potential buying opportunity. With the entry point set at 189.161, we anticipate the price to continue its upward...
In the current market, an opportune zone for purchasing GBP/JPY has emerged at a value of 190.90, presenting a promising entry point. 🛡 At an entry price of 190.90, one can initiate a strategic position within this zone. ✅ Positioned for profit-taking, targets are set at 191.50 and 192.00, offering potential gains. ✅ Additionally, a third profit-taking...
The news induced trade has came to a halt. Now its time for a pullback, lets get in to a sell with a tight SL. Follow TRADEHUBLIVE in insta for timely updates
This signal was dropped 24 hours ago and I want to say this is one of the smoothest trades I have had this month. PA is sailing smoothly since trade got activated.. Signal was shared in the channel and everyone is currently eating.. I am going to watch how PA smash target before GBP news come out in 4 hours. GJ might be retesting or bull strength might continue.
Looking to take part in volatility provide by BOJ new this week. Any efforts to bolster the yen should provide this volatility 0.5% risk 1:2R
Looking for re-entry to this position as still looking to short this pair long term. 0% rates do not seem attractive but going from negative this I believe is the turning of the tide in the bigger picture. Continuing to look for short positions. 0.5% 1:3R
GBPJPY Pivot 190.900 - If the price is higher than the pivot, Long target TP1 at 192.570, TP2 at 192.980, cut loss if the price is lower than the pivot. - If the price is lower than the pivot, short target TP1 at 190.180, TP2 at 189.580, cut loss if the price is higher than the pivot. ***Please money management***
Overall, JPY's are strong for the downside and the pair GBPJPY is no exception! Follow me for more details about my analysis, i trade based on indicators AND on Swing mode ONLY! 👑 Feel free to send me a dm, here on tradingview! 📩 Enjoy! 🦍
– Tuesday Daily candle close strong Bullish around 191.870 as price break above the previous Monthly High, I’ll be looking for potential Buys above 192.200 targeting previous Daily Support formed on 4th August 2015 around 193.000 and Monthly Resistance formed in August 2015 around 193.460, I’ll be looking for potential Sells below 191.500 targeting 1h previous...
GBPJPY is rising towards a pullback resistance and could potentially break above this level and climb higher. Buy entry is at 189.153 which is a pullback resistance. Stop loss is at 188.484 which is a level that sits above a swing-low support that aligns with 50% Fibonacci retracement. Take profit is at 191.317 which is a swing-high resistance High Risk...