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Gbpjpysell

GBPJPY DOWNGBPJPY As per the last analysis the price reach our first entry and now its giving us a second one on the down side, let the price makes its reversal and the make an entry to the down side on the big dotted line to the next level near 139. . . . En base a nuestro previo análisis en este par el precio ya hizo la primer entrada y ahora nos esta dando otra posible entrada a la baja después de terminar su retroceso, asi que esperemos a que termine su retroceso y yo hare mi entrada en la linea punteada azul hasta lograr llegar al nivel 139.
Short
by anaju17
2
GBPJPY, 4hr tf, pennant / flag pattern to materializedHello my friends, Today was such a good day, my trade managed to hit TP for 4.4R and i banked 8.8% profit. I started to get my edge back and i am going to post more positions for everyone to trade. My first setup for today is GBPJPY. To me, the recent sideways movement looks like a pennant / flag pattern and today i finally see price retest those broken support. We could expect price to continue decline on GBPJPY as the measured objective of this pattern is 275 pips. Nearest support is arond 136.30 area so we will try to sell GBPJPY and see if price could touch this support. Sell GBPJPY 137.80 Stop loss 138.30 Take profit 136.30 (3R) RR Ratio 1 : 3 Use only 1-2% profit Good luck
Short
by HayatoDragonFX
1
GBPJPY Long-term Bearish Trade SetupIn the GBPJPY 4 hourly chart above, the price decline in five waves, it's positively correlated with GU at the moment. A five-wave move is regarded as an impulse pattern, which indicates the direction of the primary trend. According to Elliot Wave Principle, a three-wave correction in the opposite direction follows every impulse move. In GBPJPY's case, the retracement took the shape of (w)-(x)-(y) double zigzag pattern. The most interesting thing is that, once the correction is completed the price resumes in the direction of the primary trend. If this count is correct, we can expect the price to start declining from or below the current market price in the days ahead. Want to know how I will take this setup? Send DM! Best of luck on the chart, Veejahbee.
Short
by Veejahbee
4
GJ Sells Breakdown 13/11/2020I don't usually take impulse entries but I have taken a similar setup on GJ 3 times before already this week and they were all winning trades Entry was taken at the point we broke below the wick of the bearish 30m candle on support anticipating price to come down to the next support. I used my usual 2% risk and price very quickly moved towards target TP hit and I secured 3.2% account increase If we flipped bullish I would have managed risk by closing half of my positions so that if SL hit I lost less than I was happy to lose.
by mcrhf_fx
GBPJPY- Watching you like a hawk "I Like the Way you Move!"Looking for an opportunity to SELL GBPJPY. Pulling the trigger if the right price action presents itself during London Session. I'm looking for a retest of the previous high. GBPJPY moved over 250 pips in one day!!! Looking for price to sell. Why? I can see imbalance in the market and liquidity that they need to come back and pick up. Also... Not very technical, but... what goes up, must come down... lol (impulse, correction). Happy Trading everyone! You've got this!
Short
by IAmQueenofPips
1