Hi everyone, I felt compelled to create this short video on what I think it takes to be a successful trader. I've separated it into 4 factors: 1. Passion 2. Discipline 3. Perseverance 4. Patience From my experience, these are the core things that you need to keep going until you find successful. Strategies should be the LEAST of your concern. I always say that...
GBPJBY made a cup pattern. It seems like bearish due to continuous making lower lows and lower highs
based on my strategy there will be another drop for GJ soon specially if closed below 196.863 (1hr) Heikin Ashi candle .
💷GBPJPY💴 Weekly 04/22/2024 Weekly High: 197.923 Weekly Low: 190.317 Chart Pattern: Ascending Channel 💎Buy GBPJPY @ 190.5 - 190.3💎 Monday 04/22/2024 09:30 AM EST 189.9 StopLoss —> 190.55 BreakEven+ 💎Buy GBPJPY @ 192.6 - 192.4💎 Wednesday 04/24/2024 04:30 AM EST 192.0 StopLoss —> 192.65 BreakEven+ Richard Eyo ~ The Wizard 🧙♂️
Long-term target based on the latest BoJ interest rate hike and signs of a positive outlook for Japan's economy. Technically the pair is scraping around .618 FIBO level which is 195ish - there's still some room to hit the level. 1st target = 170 (0.382 FIB) 2nd target = 160 (156-157 - resistance/support of the past price action).
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...
Hello Traders In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (CADJPY market update) 🟢What is The Next Opportunity on CADJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
Looking for price to continue downwards to previous higher low, see how price reacts to level take a buy or follow the trend to the downside.
the idea shows a bearish movementfor the geppy, projection of one standard deviation from the manipulatio high.
My Dear Robbers / Traders, This is our master plan to Heist Bullish side of GBPJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Long entry, Our target is Red Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens...
Hello,Friends! We are targeting the 195.697 level area with our long trade on GBP/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
#GBPJPY Has Potential For More Upside #GBPJPY Has Potential For More Upside #GBPJPY Has Potential For More Upside
trying to post asap, but i think this is pretty ok trade
Entry Taken During London Session. 1. Entry Taken at 30 m LH's. 2. Lh's and Ll's Created indicating Sells.
The GBP/JPY currency pair is displaying potential for a bearish movement, with a targeted selling zone identified at 196.70. This zone represents a level where sellers may look to enter the market, anticipating downward pressure on the exchange rate. Moreover, technical analysis suggests several potential targets for this bearish movement. The first target is set...
Most newbies, and even intermediate traders don't really understand what high risk to reward trades require from themselves and from the market. They think it is something to strive for, and that high RR trades are reserved for the pros. This is far from the truth. In this video I try to give more perspective to this concept. - R2F
Analyzing the GBPJPY chart on the 4-hour timeframe, I notice a bullish momentum followed by a consolidation, indicating a potential resistance area around the 197.45 level. It seems this level is acting as an obstacle for the price, as it has tested this level before and retraced. The market structure analysis shows a pattern of higher highs and higher lows,...
up trend on longer time frame so we look to buy on 15 minutes time frame.