Price shows a previously played out double top and all we're looking for here is a small retest trade of the neckline area. If we get get another bounce of our intraday trendline, we can enter a small long position. 🙏🏻
If we see the Support broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only...
GBPJJPY has been forming a bullish trend for long period of time. I believe this trend may continue. if you think the analysis is right, Ride the trend with me
GBPJPY chart: we're watching the pullbacks. We set the first Fibonacci from the high value to the lower value of the pullback. Then, we follow the new bullish consolidation up to the target of the 1.618% Fibonacci level. After that we have the second pullback, which was shorter by about 340 pips. We set the second Fibonacci from the high to the new low. The result...
GBPJPY BULLISH FORECAST AND ANALYSIS GBPJPY know (189.650) price going down (189.568) and target (188.886)
I expect gbpjpy to sell massively from that zone..It's in a resistance zone
Gj had been consolidating a while and now broke above zone (190.900) and closed on the 1H. This happened at 10..00 am UK time. Upon seeing this I waited for retracement to zone, where I entered 190.900 with sl@190.57(risking 33 pips). TP1: 191.500 TP2: 191.800 * Where has the market moved since I entered my trade? Slight Profit * If I looked...
- Previous Day candle closed Bearish. If we are looking for buys we will take on until resistance formed on 19th nov 04. - If we are looking for sells we take on until 30th april 03 and tp 2 13th Feb 24 daily support. - Wait for 1 hour candle to close above or below zone to enter trade. - We risk 3 - 5% of our capital. Close trades once price reverses to opposite...
GBPJPY is too volatile instrumental which are too fast reach target if proper analysis.
💎Buy GBPJPY @ 190.5 - 190.3💎 Sunday 03/24/2024 07:14 PM EST 189.9 StopLoss —> 190.55 BreakEven+ TakeProfit 1: 190.7 TakeProfit 2: 190.9 TakeProfit 3: 191.1 TakeProfit 4: 191.3 TakeProfit 5: 191.5 TakeProfit 10: 192.5 TakeProfit 20: 194.5 TakeProfit 30: 196.5 Richard Eyo ~The Wizard 🧙♂️
GBPJPY Makes a bat harmonic, after the recent massive climb, now is the time to potentially think about longing GJ towards 195 with some TP along the way, JPYX Broke the low and is now retesting, in theory its time for GJ to rip again next week, as always manage your risk and trade safely, we believe in 100 trades not 1. Enjoy the weekend
Gbpjpy is trending is buy making w pattern It's going for buy
GBPJPY has been bullish for some time now. It is currently retesting, with bullish momentum
welcome here is my gbpjpy long idea its based on overall bullish market, price could text lower price regions of 189. - 190. lets see how this setup plays out
Trading currencies is a game of numbers, how many trades you take and how much risk you take on each. Do not be discouraged by a losing trade, for there are bound to some losing trades. Last week GBPJPY broke out of a trading range and is testing the upper limit of this boundary. This is a zone of interest, great trades historically begin at these zones, will it...
If the BOJ meeting delivers some unexpected results and causes a surge in JPY, then I am looking yo buy off of this fundamental release. This buy is however still valid even the surge does not occur and markets remain stable. Only giving this as a hypothetical situation based off of the previous reactive behavior of JPY to the BOJ releases. Always prepare for the...
Hello traders, Wave 5 has probably ended at 193.538 zone. ABC Correction is aimed at getting to 187.700 zone. Thanks.