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Gbpjpylong

GBPJPY - Daily Trade Idea - 25-Oct-22GBPJPY (LONG)- If all the support holds in place. 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 enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
GBPJPY possible sell & buy zone!GBPJPY (4h) had a strong liquidity grab on the last day of the last trading week giving us a possible pathway to buy and sell. As the weekly close, our price has formed a weekly doji just above a weekly resistance zone. From a daily perspective, we see GBPJPY has also grabbed liquidity from the support zone creating a lower high on the daily. From the 4H perspective, we could potentially see a retest of the previous resistance zone @ around 168.31. Upon rejection, we may see GBPJPY drop to the support zone @165.766, which is also daily support. A possible bounce from this level is expected to create a long-term upward channel. Therefore, upon price action confirmation, we could find bullish and bearish trade as sketched in the chart. Smash that like button if you find value in the analysis.
Long
by ForexWizard01
GBPJPY - Daily Trade Idea - 19-Oct-22GBPJPY (LONG)- If all the support holds in place. 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 enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
4hr analysisLast week, I showed the possible double bottom that former on the 4hour chart, market typically moves in 3levels, on the 28th September, we had the second leg of the double bottom, price pushed up since then. Sometimes after a 3 level push, interday trading, we either have a reversal, or a continuation. On the smaller time frames, we have gone up 3 levels from September 28, price then came back down for a retest on the 4hr chart, which was a fake reversal on the smaller time frames, if you see last week, I mentioned a possible double top for a reversal, this drop lasted 1 session, and continued up on the 12 October. This began a new 3 level phase on the smaller time frames. But when we look at the 4hr chart, the bigger picture is showing that we are only at the end of the second leg of the swing/long term trade. So with this being said, I am still expecting buys, and have jumped into another buy from 168.260 after I had a retest on my support on the 1hr time frame. So for now I will swing this buy until tomorrow or whenever price give a reversal pattern on the higher time frame
Long
by faddy
GBPJPY - Daily Trade Idea - 18-Oct-22GBPJPY (LONG)- If all the support holds in place. 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 enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
1
GJ made a early move today, but as predictedAs you can see, GJ made an early move up this morning. After breaking through and retesting last week's market level of 166.945, also the blue line which is the channel that price was trading in the 4hr chart. Price gave a perfect retest on the 30min chart and the 4hr chart, the 4 hours being a stronger time frame which means stronger confirmation of retest. Price went up almost 100 pips from the retest, we are currently pulling back to retest support/EMA again on smaller time frames, which will give us the buy signal for the London session until the next zone 168.586 and beyond. Wait for the retest, the next 15min or 30 min bullish candle that forms, in the next 1hour will be your entry for a buy. Boost and follow for some support. All the best for trading today. P.S. GJ is Bae
Long
by faddy
2
GBPJPY - Daily Trade Idea - 14-Oct-22GBPJPY (LONG)- If all the support holds in place. 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 enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
1
GBPJPY - Daily Trade Idea - 13-Oct-22GBPJPY (LONG)- If all the support holds in place. 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 enter if we have the final confirmation for entry. - Rejection Candle Formation - Green Candle after the Red Candle. - Stochastic - Oversold Area - Timing of entry Prior / during UK / US Market Session.
Long
by onelinkFX
1