GJ LONG TO 142 -144 FOR THE LAST TIME BEFORE DROP , YOU CAN SEE THAT WE ARE IN A BEARISH TREND , WE WILL SEE IF GONNA RESPECT THE 4H SUPPORT AND MOVE TO THE UPSIDE IF WE BREAK THROUGH THE SUPPORT IT'S SHORT FOR LONG TERMS
1. Ascending channel/rising wage on a daily chart. 2. 3rd swing of the structure. 3. Double-dop formation on the weekly timeframe.
Look for confirmations Buy moves 1.Break and retest 2.Higher lows forming 3.Hourly price increases 4.Stop lose adjusted according to setup formed
Hey Guys, im looking to short GJ if it closes below the black line and then pulls back to the black line. it is going to be a interesting trade. let me know your thoughts !
GJ price is ranging in an ascending channel. Priced reversed off of resistance on August 13th. It then tested support 4 days later on August 17th. It is currently testing the Pivot Point. If breakthrough prevails, I predict potential movements towards the break & reversal of the Ascending channel. Another scenario would be price bouncing from 4HR Support &...
based on market structure, GJ has become bearish, giving potential to the downside, based on technicals and smart money concepts. Two entries have been given. Second entry has a higher stop, giving space to the trade.
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
Wait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
good morning traders, today i am having a look at the pair gbpjpy. i have noticed that this pair has come to meet a very sensitive supply zone and i would be looking to go short if there is a drop off in value and there is a clear rejection from the supply zone.
Week 33 Over all Bullish continuation expected. Possible Short starting into the week before going higher and tapping that 140 level
⚠️ GBP/JPY ⚠️ Literally my favourite pair, it can make or break your account.. trust me I know. GJ has made a double top on the 4HR, 1D, 1W time frames, you can see there was a similar reaction at the beginning of June too, before it pushed down, we may be able to scalp a quick 50 pip move back to 139.000 as I’m sure it will reach. Hoping for it to get to...
Anticipating a H&S formation off the supply zone 136.2 You could take this trade earlier near the sell zone - but looking at the 4h candle shows some bullish reaction and may suffer some drawdown. GJ moves quick. My strategy would be to enter 0.5% on the Sell Zone and 2% on the Supply area marked up. SL above previous high Moving stops to break-even once the...
GJ bullish on weekly and monthly. Retest of lower bounds, before climbing higher.