Get started

Gbpjpy_outlook

GBPJPY - BEARISH - Intraday Pullback to $145.5 - 200 Pips #ForexGBPJPY - BEARISH - Intraday Pullback to $145.5 - 200 Pips #Forex We have seen GJ on a very strong and long push to the upside with no retracement on the H4 chart. I think here it is... Right now we are at a possible level of resistance at this Daily Key Level $147.5. I will be looking for my TP @ 145.5 - Potential Point B - H4 TF Which is in Confluence with my H4 Key Level - $145.5 After that I will be looking for my TP @ Pending Point D for the H4 TF- TP - 149.9
Short
by FxProNow
1
GBPJPY - BEARISH - Intraday Pullback to $145.5 - 200 Pips #ForexGBPJPY - BEARISH - Intraday Pullback to $145.5 - 200 Pips #Forex We have seen GJ on a very strong and long push to the upside with no retracement on the H4 chart. I think here it is... Right now we are at a possible level of resistance at this Daily Key Level $147.5. I will be looking for my TP @ 145.5 - Potential Point B - H4 TF Which is in Confluence with my H4 Key Level - $145.5 After that I will be looking for my TP @ Pending Point D for the H4 TF- TP - 149.9
Short
by FxProNow
GBPJPY - BULLISH - H4 Chart - Retrace Then Push to 147.3 #Forex GBPJPY - BULLISH - H4 Chart - Retrace Then Push to 147.3 #Forex So with the recent bullish action on the H4 TF with a HH forming I have to go with the current trend. I see an interesting thing that has formed... Randomly, I placed my fibs where price currently is from Point A @ 141.1 & Point B @ 146. When Placed I have seen many things... Future Point C would be at 144.1 a Parked H4 Key Level also the last place price has found a level of Support. - For me likely to be where price will draw down then start the true continuation to form a new HH. Also, with placing my fibs here we see Pending Point D - TP #1 - 147.3 - In Confluence w/ our Daily's TF Fibs (-27%) & Pending Point E (-61.8%) - TP #2 - 149 - In Confluence w/ a H4 Key Level
Long
by FxProNow
GBPJPY - BULLISH - H4 Chart - Retrace Then Push to 147.3 #ForexGBPJPY - BULLISH - H4 Chart - Retrace Then Push to 147.3 #Forex So with the recent bullish action on the H4 TF with a HH forming I have to go with the current trend. I see an interesting thing that has formed... Randomly, I placed my fibs where price currently is from Point A @ 141.1 & Point B @ 146. When Placed I have seen many things... Future Point C would be at 144.1 a Parked H4 Key Level also the last place price has found a level of Support. - For me likely to be where price will draw down then start the true continuation to form a new HH. Also, with placing my fibs here we see Pending Point D - TP #1 - 147.3 - In Confluence w/ our Daily's TF Fibs (-27%) & Pending Point E (-61.8%) - TP #2 - 149 - In Confluence w/ a H4 Key Level
Long
by FxProNow
GBPJPY - 250 PIPS+ SHORT OPPORTUNITYDo not open any trades yet, wait for second high test. No trades have been opened yet, waiting for the confirmation. GBPJPY has broken under the 4H 50 EMA and is failing to recover back on top of it. After a drop in prices, it recovered and did a high test (Prices pushing up in a short trend but failing to break the resistance (4H 50 EMA). We can expect a drop and break of the 200 EMA to happen eventually. Wait for another high test (Green candle with tick only on top of body) to confirm this pair is going to drop. Once the pair makes another successful high test, we can short it and put our SL above the 4H 50 EMA. Trade safe.
Short
by MoolahMaker
Like a BEAR with a bad head Here we have a Descending triangle formed, this is a bearish continuation pattern and are formed in an overall downtrend, if you get the 4h chart up and zoom out you will see we are in an overall bearish market. Descending triangles are a good signal, but we still have to watch and wait for a breakout of this triangle as nothing in Forex is guaranteed, a breakout of our trend line to the upside could see price retest our trend line and us it as support. We are expecting price to break this triangle to the downside though and we could possibly see a sizable move as price in a descending triangle is getting squeezed and often explodes ( like a bear with a bad head )... its just a waiting game now. Please remember to have patience and wait for this setup to play out, wait for confirmation and don't trade the breakout as soon as it happens! Clients will be notified if this trade becomes valid.
Short
by Apex_Gregg
1
GJ quick 30+ pip snackFrom our chart you can see a STRONG resistance level ( green line ) and you can see our TP/support zone ( red box ) we are using this zone as this has been a KEY STRONG resistance turned support area in the past, this is probably where the big players and banks set orders hence why these levels are so well respected. Remember if you can change your mind-set to trade like the big players and not a retail trader you will benefit and catch loads more trades, we go on about and teach this to our clients. If you are interested in joining our team then give us a message.
Short
by Apex_Gregg
7