Potential Falling Flag has formed along with a Potential Cup and Handle We do need the price to break above the brim level and we need the price to break above 20MA and the 200MA for it to be a high probability trade. Fortunately, we have had the confirmed Downtrend line broken (which gives the furst action level). THe first target up will be at 205.86
I was asked to do an analysis on GBP/JPY And It's like trying to get blood out of a stone. It's premature right now and I just can't see any definitive direction. By intuition, I would say I am more bullish than bearish. There is a Potential Falling Flag and a Potential Cup and Handle forming on it and the price definitely needs to go higher to close...
the price is standing at a pretty strong area of resistance that might push the price downside
GBPJPY and most of the yen pairs are trapped in sideway and the price is now near the area of resistance can we break it or we will be trapped again ?!
Hey traders, in this week we are monitoring GBPJPY for a buying opportunity around 164.8 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 161.4 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in this week we are monitoring GBPJPY for a buying opportunity around 159 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in this week we are monitoring GBPJPY for a buying opportunity around 156 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 156.5 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, we noticed that GBPJPY Have formed A reversed H&S pattern, we might consider to go long in case of the breakout of 157,8 resistance. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 151.4 zone. Once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring GBPJPY for a buying opportunity around 151-152 Zone, we might see a pullback around 153 zone towards 151 before the rally to 156 zone, Back then we might consider a swing sell around that strong supply zone. Once we will receive any confirmation we will execute the trades, currently we are just preparing the setups...
Hey Traders, we are monitoring GBPJPY for a buying opportunity around 153 zone at the retrace, once we will receive any bullish confirmation the trade will be executed. Trade Safe, Joe.
Hey traders, in the coming week we are monitoring GBPJPY for a long opportunity around 155.250 zone. We noticed the breakout of the bearish trend on the monthly frame in combination with this bullish flag patterns. once we will receive any bullish confirmation the trade will be executed. Trade safe and use proper risk management.
weekly lows taken out. Best buy stop price @149.56 Tp1:150.67 TP2: 152.55 TP3: 155.00 SL: 149.38
Liquidity grab has happened on weekly and daily timeframe therefore maintaining the bullish bias. Buy GbpJpy @149.73 Tp1: 150.67 tp2: 153.17 TP3: 155 SL: 148.96
A SIMPLE BREAK AND RESTEST ON THE DAILY STRUCTURE WITH GOOD RISK AND REWARD
GBPJPY Has been a great pair for is to trade on the LONG side over the past few months. Our CURRENCY HEAT MAP has kept us from selling any GBP. JPY has consistently given us a SELL BIAS and so pairing up these two majors good opportunities have been given every WEEK to BUY GBPJPY Check our previous ANALYSIS on this MAJOR & see how we did for yourself. We still...