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Gbpjpybuy

GBPJPY 800 Pips/8% Account growth expected will it reach 145.00?GBJPY ********* ⏳4 Hour chart 🎲 Possible entry analysis ⛳️ Possible bull/bear target 📚Educational —————-❇️——————- Detailed analysis 💬 1️⃣ Price above Point of control-Volume profile 2️⃣ Bounce from lower trendline 3️⃣ Broad weakness of USD, Positive brexit talks 4️⃣ 138.00 Dynamic support and resistance 5️⃣Bounce from 134.00 Key psychological level 6️⃣ 135.00 will Acted as strong support 7️⃣ Technical support - Bull 8️⃣141.500 will acted as key reversal-bearish 9️⃣ July high-Immediate resistance-Alternative bearish entry 🔟 Possible swing target-145.00 psychological level #️⃣ Overall bullish trend-Within converging triangle pattern —————-❇️——————- 📉 Technical bias-H4-Bullish Price is around 50,100,200 Exponential moving average 100,200 Exponential moving average will act as support-Bull Relative strength index - Reached 60- Still it has some room for the bull MACD -Turned green and well above signal line, oscillators pointing upward Stochastic - Reached 75- overbought condition short term fall back expected Ichimoku cloud -cloud is still green-Price is above the cloud-Middle line support Bollinger band- Price reached around the upper band-Short term bearish correction towards middle band —————-✳️——————- Key reversal area's 136.000 psychological level 142.600 August month high 139.730 July month high 136.050 50% Fibonacci retracement level 140.00 Major psychological level 136.400 Possible entry- Bull 141.500 Trendline resistance/Alternative bearish entry —————-✳️——————- Bullish entry #poundr #gbpjpy Entry price - 136.400 Take profit 01 - 138.400 (180 PIPS) Take profit 02 - 141.500 (475 PIPS) Take profit 03 - 145.000 (800 PIPS) 🚫 Stop lose 135.400 ⬆️ 6.3% Growth expected ⤴️ Account growth .73: 6.3 ✅ Risk reward ratio 1 : 8.5 —————-⚜️——————- Push the like button , And cheer up if you found useful
Long
by forexorbit
GBPJPY Long Trade SetupGBPJPY has just completed a 5-3 "impulse-corrective" wave cycle. According to the wave principle, once a 5-3 wave sequence is completed, we should expect the price to resume in the direction of the impulse pattern . In GBPJPY's case, the impulse is bullish in wave "a". I will look for the break of the green lines to confirm my bullish thesis and have my stop loss at the red line . The price has the potential to reach the upper boundary of the parallel channel. What's your view on GBPJPY? Let me know in the comment. Thanks, Veejahbee.
Long
by Veejahbee
1
GBP/JPY BUY IDEAHey tradomaniacs, welcome to a new free trading-setup. Notice: This is meant to be a preparation for you! As always we need to wait for a confirmation. GBP/JPY: Daytrade-Preparation Market-Buy: 136,440 Stop-Loss: 135,830 Target 1: 137,040 Target 2: 137,335 Target 3: 137,790 Target for One-Target-Trader: 137,335 Stop-Loss: 61 pips Risk: 0,5% - 1% Risk-Reward: 2,24 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
GJ Buys 05/10/2020 -- UpdateAs I have already had a very good day, I decided when GJ broke resistance to use the 15m timeframe for confirmation, the reason being I had a lot of profits to use as leverage. When support formed on the 15m, I took a buy entry as the new 15m candle broke the high of the previous candle, with stops below that candle. As price went up into 10 pips profit, I secured my entry and moved stops to the low of 15m candle where I executed my trade. We then tapped into the next area of resistance and there I secured more positions and moved stops to BE. A runner is still running and will be updated when it's closed.
Long
by rhf_fx
GJ Analysis 04/10/2020 -- UpdateI had already highlighted the two potential setups, buys were preferred as the traffic above to the left was much cleaner to our target at the next resistance zone. Price broke above resistance on the 30m timeframe and before entering, I waited for support to form on the 15m timeframe. Support then formed so my next job was to wait for a confirmation for my buy entry, this happened to be when the 5m candle broke above the high of the previous 5m candle. My stops were placed a few pips below the current 30m candle due to it being the last 5m candle before the hourly close. As price broke the high of the previous 30m candle, I secured profits and moved stops to BE, price then ran for 30 pips before I closed the remainder of my positions.
Long
by rhf_fx
GJ Analysis 30/09/2020 -- Update Longs and Shorts TakenWe already highlighted the possible options earlier. As we broke resistance and formed support, we executed longs with stops below the current 30m candle. Price ran for 10 pips before we secured profits and moved stops to BE. We then got stopped out at BE after that, so it was a good trade. This morning price broke support at 136.050 and we waited for resistance to form on the 15m timeframe. When the next bearish 15m candle broke the low of the previous candle, we executed sells with stops above the current 30m candle, Price than ran to our target where we secured entries and left a runner, our runner ran for 52 pips before support started forming, so we closed runners at 52 pips. Overall we caught 62 pips from this analysis
by rhf_fx
2
GJ Analysis 27/09/2020 - UpdateOn the first break of resistance, support wasn't formed and price moved back into the range, as bullish momentum started to appear, we took a buy when the 1h candle broke the high of the previous resistance, to continue bullish, this was an impulse entry as there was very strong momentum bullish. The SL was below the current 1h candle and the Target was the resistance level at 135.2. I secured 15 pips and left a runner to fill the range and hit the 40 pip target. The runner is still running,
Long
by rhf_fx