Gbpjpybuy
GBPJPY - FOREX - 26. NOVE. 2019Welcome to our weekly trade setup ( GBPJPY )!
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1 HOUR
Waving market structure.
4 HOUR
Prices at range low, hold long on this one!
DAILY
Sideways market at its lows, high chance to rise now.
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FOREX SETUP
BUY GBPJPY
1ST ENTRY @ 140.160
2ND ENTRY @ 139.780
SL @ 139.120
TP @ 141.310
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBPJPY 60M Long&ShortHello traders!
There are two possibilities here, a long from line B to A for 30 pips and a short from lines C to D for 30 pips,
depending on which way the market heads on open. These trades will be void however if the market opens
with a gap that disrupts current price action.
These trades can be taken with a buy stop or sell stop order as a set&forget setup.
It`s recommended to position stops no further away than 1:1 RR away from entry, although this
may vary with markets and volatility.
Best,
Jay
GBPJPY approaching resistance, look out for potential reversal!
GBPJPY is approaching its resistance at 140.500 where it is could reverse down to its support at 139.089.
*Disclaimer.*
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GBPJPY - Update on next moveANALYSIS ON GBPJPY
Welcome to my analysis
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1 Hour Chart
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Interesting Point of interest In the GBPJPY pair.
- Price above 200 day EMA.
- Expecting more move to the upside.
- MACD showing bearish divergence but i can still see one more push to the top.
SELL at top, we should see move to around 144.00 zone.
Stay Tuned
GBPJPY - BUY NowYes if you can see the circled areas and whenever its hit the 50 EMA price is bouncing upwards. Did you noticed it? So in that case its better buy GBPJPY based on history.
Note: Trade at your own risk.
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