Price has met all criteria for our 'reversal setup' and on top of that, price is hanging around the higher timeframe fib extension and ABCD completion levels. Lets see if ASIA can give at least give us a 2R idea in the bag
FX:GBPJPY Portetial buys if retest Beautiful buildup and break out
I'm trying to get 20 to 30 pips before London opens. daily is bullish but expecting a pullback to find a support level to push to the 165 area. 1h closed below the range, so another support needs to be formed or get back in the range indicating a fake-out to continue to go up. Good luck and Goy Shaa
Details on chart - looking for more buys ahead of a stronger Pound compared to the Yen
As it is shown in the chart the red area seems to be a very strong resistance for GBPJPY therefore we might expect a short position at that level. . What do you think of GBPJPY?
following yesterday bullishment of market we expect bears to do something today.
Hit trend 3 time but failed to break , long position is supposed
Hi, traders and TradingView community. The GBPJPY is on our radar today after a solid session from buyers yesterday. Flash manufacturing and services PMI data came in better than expected and, combined with a mainly weaker yen, gave the GBP a nice boost. Buyers added 1.18% yesterday and broke above resistance, which has started to confirm a breakout of ascending...
GBPJPY broke a major supply area. Overall GJ should be continuing bullish. I only trade for the London breakout intraday method and do not swing trade, however this is my overall outlook on GJ.
he passed the resistance, but hit a very strong one on the 1-month chart, where he has already crossed support/resistance several times, he will probably now make his correction of the breakout, in my opinion I do not believe he will go up and pass the bullish point that created yesterday, I believe it will respect the resistance of the 1-month chart and a false...
First breakdown video of my shorts positions i took on 2/20/23. I will try to keep getting better at describing my analysis and not studder as much. hope you can benefit from the vid!
GJ holding 158 to 163, if there is massive shift.. 167 target
I took one trade early around 1:30am before the news hit. I lost $12 (0.10 lot) because i got stoped out by two pips with a tight SL but re-entered (0.15 lot) around 3:31am once the news had came out positive and made $80+. I knew the market was trending bullish creating HH/HL, it also respected previous S&R zones and broke and closed above previous 1hr candles...
Dont Get Impatiant haha Waiting for the NY Exchange at area of intrest Price is very overbought and Buyers are Exhausted planning for a strong sell towards the fair value to liqudate positions from the Implusive rally then the next exchange inside the order block below fair value stay tuned. RL OANDA:GBPJPY