Simplified idea for GBPJPYHello Beautifull peeps,
this is my idea about GBPJPY please like and follow if you like my idea..
D-GJ
GJIf you don't know the video where Lil Wayne is busy screaming wooooooooooo, go find it and watch it atleast 6 times. This trade is about to be fire, what I'm seeing coming. 😭😭😭😭😭, Only thing I hate about it is that it is showing itself on a Friday but we are traders not gamblers.
GBPJPY sell idea 1.5RRLooking at sells however it is very late in the day - best way to handle this is by reducing risk especially as the market is setting up for NFP tomorrow.
Be smart , protect capital. The number 1 rule in the markets is to minimse losses
GBPJPY at a support, possible push upGJ forming possible a double bottom at strong support for the new york reversal, and possible buys to the next zone, for a bullish continuation.
GBPJPY 6/10/2022Price formed a recent support at 163.396 & resistance at 164.380. now if price closes below the support then we can expect price continue pushing down to the next support zone at 161.935 as a retracement move to a newly forming uptrendline.
However if price closes above the resistance, then we can expect price to continue pushing to the previous high at 165.532.
GBPJPY Bullish technically Higher time frame analysis tells me over all we are bullish, A nice retest of recent support to expect a continuation off the bulls in this market.
3 levels, as predicted last Wednasday, 1025pips laterAs said last week Wednesday the market moved up its 3 days or 3 levels from the midweek reversal. I am not 100% sure if GJ has made a full3 levels up, as we did not have aggressive movements which are usually evident in separating the levels. However, GJ has moved up over 1000 pips since my entry last week Wednesday, this morning during London session, a perfect sell setup formed with a double Top, and sold 197pips from my entry at 164.701. This could be the midweek reversal, where we go down a further 3 levels, or we can continue on a strong push-up to make a continuation. For now I am out of all trades, pending London session tomorrow.
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Remember GJ IS BAE!!
GBPJPY 5/10/2022Price just made a breakout of the previous low at 164.271 by forming double tops at 165.543 facing resistance. now price is heading to the next support zone at 163.410. We'll look for further trades to the short side if price even closes below the next support zone to continue moving to the next zone at 161.962.
GBPJPY 5/10/2022Price retesting a major key zone on HTF at 165.072 & also created a higher low & recent support at 164.297 while moving in a strong uptrendline. now if price respects the new higher low & closes above the high at 165.722, then price might continue its bullish run to the next HTF key level at 167.803.
** A breakout of the recent support at 164.297 however would invalidate the buy opportunity.
GJ a buy to next resistanceGBPJPY is a buy, you can buy now or wait till the 1hr stick closes for stronger confirmation
GBPJPY 4/10/2022Price currently facing rejection after retesting a major key zone on HTF at 165.072 & also facing very recent support at 163.414 while moving in a short tf uptrendline. now if price closes below the recent support then it would be breaking out of the recent uptrendline & price might continue to push down to the next support zone at 161.951 or al the way down to 160.472 as a retracement move on HTF.
However if price does respects the recent support & closes above the high at 165.072, then price might continue its bullish run to the next HTF key level at 167.803.
GJ buys from continued double bottom, as predictedAs discussed yesterday, GJ formed a double bottom , it has formed its first leg and made a retest, it has now formed a smaller structure double bottom at 50ema support, we should see some good buys now for second leg
GJ moved up 990 pips since wednesday reversal entry at 155.250GJ moved up 990 pips since Wednesday reversal entry at 155.250. We are at a resistance now, and possibly at the 3rd leg, so we could see a further push-up today with news, or have a strong retrace on the 4hr tf. If we go up to the next zone as marked, we could see a reversal or continuation tomorrow during New York session. Be cautious with news, don't be hasty
Up 150pips from morning entry and buy signal sippliedThis morning during London session, I gave a buy signal on gj. We are currently up 160 pip, and looking to hit tp at 164.357 @ 195pips. Follow me for more and give a boost to show some love for these fire entries!!
GJ Creates a Fresh Support and ResistanceGBPJPY has created a fresh zone. Don't trade in this zone Buy above 163.15 and sell below 162.14.
GJ short ideaWe can see the upwards trend on GJ is slowing down, I'm looking for a tap of session high and BOS and entering in for a short down to session low.
Daily GBPJPY retest of 200ema, possible strong sell.Daily GBPJPY retest of 200ema, possible strong sell. If the daily candle ends bearish we will expect sells from Monday. We could even look for sells today, as I have
GBP/JPY 30th of SeptemberUptrend-Consolidation-Uptrend. GBP/JPY perfectly respected the market structure and continued te uptrend.
GJFinally played out with our forecast. We waited a couple of days because the market was choppy, either way TRUST YOUR ANALYSIS AND FORECAST.
GBPJPY, 496pips from my buy at 155.250 yesterday as predictedPrice went up 496 pips from yesterday's entry at 155.250 with zero threat to my trade from entry.
GBPJPY potential buysLooking at a potential buy here, price action indicates price is waiting to pop like a coiled spring, however it is end of month so stay safe.
0.5% risk.
