Gjlong
GBPJPYGJ price drop to the low of 6july and & 16 june strong demand zone in 4h we see clear double bottom structure and now price is rebounding. Rsi bullish divergence shows buyers bias. Bulls try to hold this level and trying to push price upside now wait for the breakout of 162.44 level than entr buy position with the target of 162.35, 163.92 and above levels i mentioned in the chart your SL IS 161.55.
127 PIPS 1ST #TARGET
253 #PIPS 2ND #TARGET
100 PIPS #STOPLOSS
#GBPJPY #GY
GJ long (swing)GJ is mitigating the buys from yesterday.
Entry: 165.526
Stop loss: 165.397
Take profit: 167.856 (highs)
GJ STILL LONG IN MY EYES !! KEEP WAITINGGJ as per last week is still set up ready to go! - Its been a very slow mover for me , But were getting close to our OB and Imbalance.
Keep sitting on your hands traders before we jump into anything - were wait for a BOS on the lower time frames before we decide entry criteria.
Will update you thru the week!
Lets have a good week and stay Patience
ooo.. and drop me a follow for more ideas and support.
GJ LONGbased on my analysis there is a high probability of GJ continuing bullish.
my technical confluences; the bigger trend is bullish on the daily.
price is making structure and broke the previous support and resistance on the 4h and its trending above both ema's which indicates a strong bullish trend.
then I went to the 1h for an entry signal.
I got in into this trade as soon as the price broke the zone wth a momentum candle on the 1h ( i trade the breakouts) after the price started ranging due to lack of liquidity.
sentimental confluence; 77% of retail traders are short so ain't a no better time than this to go long.
my RM:
RISK;1%
RRR; 3.1
SL: bellow previous LH
TP; previous swing
PS;
I have an 80% probability of this trade turning into a winner, always think of probabilities.
no trailing stops I am letting the trade play I managed my risk and that is what matters.
protect ur capital then make money.
GBPJPY H4 ANALYSISPrice is still bullish and rallied today 100+ pips. Support was found at 160.50 level.
Possible rejection around 162.50 if price wants to push higher towards the previous supply zone.
I'm personally looking for sells. Looking for a strong bearish candle to break 50 ma.
There's money on both sides but if price doesn't break the 162.50 level I feel sellers will come in push price lower and low to grab up money around the 159.50 level and lower.
This month and I'm challenging myself to just focus on 2 pairs and GJ is one of them. lol
Trying to focus and cancel out noise/distraction.
I will never give this up. I strive to be a professional trader and have that financial freedom we all look for. Trade safe and RISK MANAGEMENT. Peace.
GBPJPY LONGBy looking at the price action, its easy to see that the pair has been moving in a bearish direction for serval days. Current price action suggests that we might be in for a short term bullish correction.
We have spotted the formation of an inverse head and shoulder pattern on the Daily chart and when we move to the H4 time frame, this pattern is more clearer. Another reason for our bullish short term
basis is because we have spotted a change in market structure from bearish to bullish as per our key level. We will be looking for an entry on the retest of this key level. The target for this trade is around
high of the previous month. The risk reward for this trade currently stands at 7.87 to 1. We plan to hold until target or close manually as per our trading plan rules.
GJ LONG TRADE IDEAGJ Trade Update Moved into profits almost immediately we have to be extra patient when trading during these hours.
GJ LONG TRADE IDEAHello Again Everyone hope you are well.
I identefied this smaller TF set up on a major break of a horizontal PA line. We have clearly broken below, this would be considered a slightly higher risk setup however I think it has some strong potential. We could see a test of the wicks below and a small fakeout so as always trade with caution and happy Pippin'
Retest of the four hour highs. In this trade idea I am going to be speaking about GJ continuing up to retest the incredibly strong resistance up at 157.700.
What I am have a look at.
1. Gj has had a pull back and is no trending up wards.
2. London open volume 10:30 gmt2
3 Resistance turn in to demand at 156.200
4. The four hour high has been broken.
GBPJPY H&S 4H 📈😋🤷♀️Am I the only one that sees it? The pair has just created a head and shoulders on the 4H chart at the 154.00 support.
Please share your opinions in the comments down below. My target is at 155.500😜🔥💰
#LETSGO!! Secure the bag! ✨🤑📈💰💰💰🔥🔥
GBPJPY LongSee chart for details! This is a non correlating pair to the other trades I'm placing. This trade is going to be at 1% risk.
GBP/JPY SMC LONGNice little long position here explained on the chart. ChoCH created and GJ came down and cleared Sell side Liqudity hopefully aiming for top Supply zone if we can break the first. 8RR.
GBP/JPY SMART MONEY LONGSLooking for price to play into the POI after that nice ChoCH and then moving up into the higher POI from here during tonight's London Session.
Targeting OLD POI.
#NFA
GJ about to falll?? 🔥🔥💰💰🤑The market been hazy lately, but most predict that GJ is heading to 155.0 again.
What do you guys say? Is it done ranging?? Or we might see it continue? 🐱🏍🐻✔😜💰🔥💰🔥💰💰
LET'S GO!!! Secure the bag! 💰💰💰💰🔥🔥🤑🤑
GBPJPYPrice is bullish..waiting for small retracement on lower TF before we climb up..trade saafe and be Blessed..
