Gjbuy
GBPJPY BULLISH ANALAYSISI drew the trend lines, support and resistance last week and caught some pips down. Still learning to trust my analysis. But this is what i have in mind for this week. I'm in this trade at the moment for a 30 pip SL and around 60-90 pip TP. Once I hit TP 1 I will move my SL to break even. If there is consolidation after TP one i may close for profits. Let me know what you guys think by leaving a comment and we can learn to master the markets together.
GBP/JPY BUY SIGNAL Hey tradomaniacs,
welcome to another free trade-plan .
Market-Buy: 133,700
Stop-Loss: 132,835
Target 1: 134,530
Target 2: 134,515
Target 3: 135,995
Stop-Loss: 86,5 pips
Risk: 1%
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
GBPJPY : Barrier Triangle in the making ?we have experience heavy downside GJ since early 2020 until now on march 2020.
Critical level : 126.779
what should we expect from critical price ? I assume this price has to be very crucial for market to go more downside, below 126.779, If price fail to break / stay above this level after rejection, we assume (e) triangle will take place with target around 140.444 - Which is very high liquidity as so much transaction held there.
We will find buy setup, if any , above critical level on lower timeframe.
thank you !
GBP JPY TARGET HIT Our GBP JPY trade idea has now hit the final target and we will now see it test the 200 moving average on the 4 hours we could see a small retrace before the pair continuing bullish or we may see a breakout.
Trade on H4 chart: short for a re-test or await the breakout and go long targeting 146.700 - 147.000