Gbpjpydaily
GBPJPY Long Trend is your Friend!
1. One Touch, Two Touch and Third Touch usually
completes a Trend.
2. EMA acting as Dynamic Resistance, Buys will
have high validity once markets cross over EMA
and we have it acting as Dynamic Support.
3. Markets have Bounce off our Golden Fib Zone
an Psychological level @ 133.000 where big
institutions place orders and take profit.
4. Waiting for 3 Eight hour candles to show signs
of rejection to place Buy order
5. I will be buying at current Price Level
@134.500
Safe SL @ 133.000
80% Partial TP @ 137.00
10% Partial TP @ 138.000
Remaining Trade TP @ 140.000
Only 5% risk will be taken for this trade
GbpJpy Analysis UpdateGbpjpy moved in our favour and gave us 1 : 1.7 R/R , Then went and stopped us out at breakeven..
GBPJPY I see a good potential pullback to the point shown in the chart, let's see if it will touch that point or not.
GBPJPY - Sell biased outlook for 16 Sept 2020Hi all traders,
This is a video analysis on gbpjpy
I hope you like this video.
As always, i have pre-warn some important levels inside.
please take note of these levels and trade safe!
Cheers and thank you very much!
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GBPJPY - sell biasedHi all traders,
With ecb over and done with.
GJ has actually broken the major trend, so far, there isnt any much retracement happening.
So im expecting a retracement to happen within the next few days.
If it does, look out for the levels being informed.
Cheers!
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**Disclaimer: All trade ideas are of my own personal view**
Cheers!
GBPJPYFalling flag formed. If it breaks out following the resistance level than there's very high probability that it will shoot up.
WAIT FOR BREAKOUT, BUY AT RETEST.
GBPJPY NEXT TRADE PROBABILITYAll the entries should be taken if all the rules of entries are applied .
Follow it for learning.
GBPJPY - looking for potential retracement then further upsideHi all traders.
Looking for potential retracement before we see more further upside trade for this pair.
Cheers!
GJ Expectation #GBPJPYLongim in the trade and i expect the TP will be @140.50 if beak the trend line
GbpJpy outlookAfter reaching 140 zone for the second time in the past 2 months, GbpJpy rolled back and is trading under 139 at the time of writing.
I expect this resistance to be strong and for the pair to drop to 136.50 in the medium term.
In my opinion, rallies should be sold and only a daily close above 140.50 would change this outlook
GBPJPY / SHORTIn this chart we can clearly see price has broken its support level and it is now retracing
I will wait for price to break the next marked area before shorting
Look for Short entry on GBPJPYWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
GBPJPY Last Moves for Breakout As Here in GBPJPY, it has trend from the past couples of week and now its on the resistance line waiting for breakout or fallen back to retrace one more time, so then from there it starts strengthening or fall more to getout of the trend...
Well, It depends on News what will it do. Better to focus on buying from the lower line of trend & hold it but what if it break the resistance then you're happy to take it as a buy for long term.
Becareful at this point as it can fall once more as well & then it'll breakout... Everyone want to know what GOLD is doing?
I HOPE THIS ANALYSIS GIVES YOU A BETTER IDEA.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
GBPJPY Chart Analysis: Make or break area!In my previous GBPJPY idea, I told you to buy at 138.20 and target 139.20 level. That trade set-up played out perfectly and my target reached within 24 hours( idea links attached below)
Well, currently GBJPY has bounced again from the 100H EMA. If the price manages to stay above it, I expect a continuation of the uptrend till 139.20 and even 140 next week.
However, a break below the area that I have highlighted in the chart would be negative for the buyers.
GBPJPY uptrend is likely to continue but be carefulIt looks like GBPJPY's uptrend will continue. However, buyers must be careful and watch the 138 area. The price must stay above 137.80 level, which is the confluence of the 100H EMA and the support level.
If price stays above the support level, then we can expect a continuation of the uptrend to 139.20 level.
I have already bought at 137.85 and currently holding this trade.
GBPJPY LONG UPDATE!!GOOD LUCK
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Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
GBPJPY bounced from support, potential for a further rise!
GBPJPY bounced off 136.112 where it could potentially rise further to 136.976.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY potential reversal!
GBPJPY expected to rise up to 1st resistance at 137.054 where it could potentially react off and drop down to 1st support at 135.333.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
