GBPJPY Short. Price At Compression 15Min
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Gbpjpyidea
GBPJPYWith a bit of adjustment this is an update from my last trade. The breakout I have been waiting for. Its look exactly like usdjpy did before it dropped.
GBPJPY short trade ideacurrently, we are seeing price reacted to the daily supply zone and if seller manage to push the price down and breakout 133.70 support level we might have a chance to short sell on this pair, from my previous trade idea (link attached below!) the setup was running with +300 pips gain and you could partially close this position and move your stoploss to the breakeven
Plan : trendline and support level breakout --> wait for the price to bounce off from resistance level --> wait for the rejection candle pattern to form e.g. bearish engulfing, pinbar, etc --> SELL
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPJYPcould expect nice run to upside targets as bullish momentum is favours bulls
anticipate - react - execute
cheers
GBPJPY Buy LimitWe saw that the trade did not go as we expected , but now I am waiting for it to finish the pullback at around the marked area and if we see that there was positive price action moving our way , we can enter the trade. I have set a buy limit at that point , so you can expect the trade to happen at any point soon
Buy Limit : Entry : 126.955
S/L 126.428
T/P 1 128.859
T/p 2 129.630
GBPJPY bullish trade ideaAS we can see on 4H , there was a nice pullback , so now we can expect a bullish price action and start taking it to the new longs
GBPJPY long trade ideaPlan : trendline & resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
GBPJPY analysis*great opportunities this week - sending good vibes to all traders
anticipate - react - execute
cheers
GBPJPY LONG! Price Trading Above Two buy-ZonesCheck comments section for future updates on idea.
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