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.
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Gbpjpysignal
GBPJPY Institutional analysis BUYGJ has reached its H4 mitigation level below and from this point it should rally to the either the first tp value or second one before a reversal to the downside. The risk to reward ratio is amazing, you risk 57 pips for a reward of 195-301 pips depending on whether it strikes the first or second tp. Use good risk Management and safe trading :).
If you got any opinions please feel free to comment.
GBPJPY signal (SHORT)Hello friends.
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Everything on the chart.
open pos: market and put 1 more sell limit order on ~137.25
targets: 132.1 - 131.3 - 130.3
after first target reached move ur stop to breakeven
stop: above 138.2 (depending of ur risk). ALWAYS follow ur RM .
Good luck
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Good luck.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
GBPJPY local signal (LONG)Hello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: im in pos from 137 and put 1 more buy limit order on 136.5
targets: 138.8 - 140 - 141
after first target reached move ur stop to breakeven
stop: under 136 (depending of ur risk). ALWAYS follow ur RM .
risk/profit: 1 to 3
Good luck
Follow me on TRADING View, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas! If i help you to earn some money i will RLY VERYVERY appreciate for your donate.
Open to your questions or suggestions(PM to me).
TAKE PROFIT LEVELS ACHIEVED & WE LOOK TO GO LONG AGAIN - GBPJPY Hi all,
I have attached our previous analysis below where by price achieved our take profit levels. GBPJPY overall is still looking bullish so we may have another opportunity to enter long again. i will be looking for price to move bearish first to our marked entry before we see a potential bullish impulse move.
Entry, stop loss and take profit levels have been marked,
DO NOT risk more than 2% on this trade.
GBPJPY Up Move Rejected - Consolidation Channel Entered. SELLGBPJPY showed a sudden, strong upward move some hours back, but the upward move seems to have lost strength around the current levels of 132.950, which is a strong resistance level for the 1H chart. I see this pair now entering a consolidation channel, hovering between 132.950 and 132.750 levels. I would go short on this pair for the near term, placing a take profit level around the 132.750 levels and wait for a clear trend to show.
GBPJPY short position in near termAs can be seen in the chart, GBPJPY is not being able to sustain an upward move, and as soon as it rises, short sellers are rushing in to push the prices down. It is currently testing the current support level of 132.770 for the 4th time, so I expect it to break this support level for a move down to 132.590.