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Gbpjpysignal

GBPJPY: Sterling pound turnaround?!!GBPJPY Intraday - We look to Buy at 161.94 (stop at 160.80) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A Doji style candle has been posted from the high. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 164.80 and 168.40 Resistance: 164.30 / 168.40 / 171.90 Support: 159.70 / 157.65 / 155.10 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Long
by VantageMarkets
GBPJPY Long-term trend signal!Hi friends, I hope y'all having a profitable week ;) Today, we've got two long-term trade signals. Last week, we anticipated a medium-term trade signal but it was dis-confirmed, to triggering the current signal. This signal can also be dis-confirmed, as the market is uncertain, it needs a probabilistic view in order to engage with it flexibly. Lets take a look at how the bulls and bears might behave in triggering and dis-confirming our trades. Bulls: -The price will bullish rally for the double bottoms L1, L2, and L3 together for all the m.a's trend - probably after it has bullish broke and retested the Daily Half a Bat Neckline 4 either on the current or lower time frame (1st signal) to bullish breaking and retesting the 5th Weekly Key Lvl (2nd signal). I call these two signals a Double Bottom A-E.2 signal. Bears: -The price will dis-confirm both trades - probably after it has formed a mini bearish reversal pattern that will lead the price to bearish break and close/retest the Weekly Neckline 4 and short-term m.a's (dark blue and red). That's it. I hope you found value in this. If you have a different perspective, feel free to share it in the comments section. I'd love to know your thoughts! Stay Blessed, Doji-2K1
Long
by Doji-2k1
GBPJPY | Perspective for the new weekFollowing over 200pips profit during the last week's trading session (see link for reference purposes); it is obvious that the GBPJPY pair has been displaying a back and forth set-up within a tight range of 160 and 164 areas. With the possibility of the incitement of a retracement wave, the possibility of a bullish momentum can not be ignored as the key level at 160 remains a strong level for buy opportunity going into the new week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
GBPJPY | New perspectiveWith a bullish momentum on this pair; I am looking forward to taking advantage of a potential counter-trend opportunity in the form of a retracement phase for the Pound with a take profit target at retracement into the golden zone on the daily time frame. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry