With the current rate of the market, there is confident supply and I believe Gj will push to the upside soon.
Not going to take it, just going to monitor it and watch it over the day. I would rather look for a better entry next week. I do not like holding trades over weekends due to broker regulations.
I am now closing all my trades, they are in slight profit. I just do not like the way the market is moving and the volatility is too slow. So I would rather take my little profit than risk giving to the market, I also will be busy for a while so I do not want to leave un-monitored trades running.
After we broke structure (BOS), we have a potential to drive lower. We created an OB (blue/grey zone) in Asia, which has to get filled. Waiting for the price to come up to 161.700-161.855 TP 1 Asia Range (161.000) TP 2 Asia Range (160.160) What do you guys think about this idea? Please like and comment what you think!
Closed half the trades because my goal for the day was reached, so I left the other half running and opened a few more when it retested. I'm going to add just 2 more this morning once the W formation is complete.
This is where I'm seeing GJ head to. Yet I'm not entering yet, I'm going to wait for an impulsive bullish candle. The trend has been bullish, so this is a retracement and we enter continuation.
Hi Traders, A possibility for price make a drop bouncing off the supply area. I will wait for confirmation for sell entry. Entry Price: 159.2 Target Price: 156.4 Hit the Boost and Follow me if u agree. Trade Safe! Thank you.
Price already showed a great reaction to HTF OTE (70.5% of swing), we have a raid of eqhs as our stop and a 1D OB in OTE provides the entry. I'm aiming for trendline liquidity below for a partial TP and the HTF EQLs as a final TP.
I don't even remember why I had set this but I'm seeing it now. We are still sharp and that shows with the direction, volatility and overall RR.
We either wait for the break upwards and retest before entering, we are not going to enter prematurely or else we will pay for breaking rules. We could also see a break downwards so we will watch that and stay cognizant of todays fundamentals.
GJ analyses to buy up to 160.000 Be careful of entry! May use FIB or any other indicator or method for best possible entry.
UPDATE: WC0206 GBPJPY Outlook: Still long until DTF LL is broken MTF Analysis Check annotations in the anchored notes for M-W-D-H4-H1 analysis. I've updated GJ's outlook for this week from the last one published in January -- specifically the Weekly Anchored Note Weekly Timeframe Outlook Sun,1/22/23 - Bearish downtrend UPDATE: Mon, 2/6/23 1. WC 30 Jan...
There has been a repetition of yesterday's double top on the 1hr chart, we should see more sells now
I LAUGH AT THIS🤣🤣🤣🤣🤣🤣 It went straight for our SL before going to hit TP. So there's still some sharpening we need to do. Yet it is not a deterent.
here is my analysis on GBPJPY, entered the sell on the 15M Timeframe, risked 0.5% on this trade personally, but if the momentum continues I will look for scale in opportunities. my scale in positions will be posted also. please let me know if you have a different look on this pair, love to collaborate with other individuals / send me a direct message!
Still running in profit, but because my goal was reached already and I'm not stingy. I just put the forecast and let it run, but the second forecast has my added trades idea. So it's running further
Hi Traders As you can see on the GJ 1hr chart, price has formed a double top pattern, at the 200ema resistance. I entered on the first red stick this morning, which confirmed the double top...For stronger confirm, wait for the current 4hr to end bearish, we should see some more sells
No lie it has me slightly confused because I'm seeing a triple bottom and a double top at the same time. Yet I want to believe in my analysis so my forecast will be what directs me.