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Gbpjpyidea

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 GROWINGGBPJPY The price seems to be walking on a channel and right now im hoping for the price to break the small dotted line to touch the bigger channel which is a daily channel that has respected before as a floor, after that im hoping for the price to grow and reach the middle line. . . . . . El precio parece estar dentro de un canal a la alza y en este momento espero que el precio rompa la linea pequeña para volver a respetar la linea punteada mayor , ya que esta linea ha sido respetada antes como un piso en el canal en temporalidad diaria, después de esto espero que el precio vuelva a subir y toque la linea media.
Long
by anaju17
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
GBPJPY Top-Down AnalysisHello Traders, Here is the Top-Down Analysis of GBPJPY (Monthly, Weekly, Daily for direction and 4H for entry) for Week 43 - 19 Oct M > Market is respecting downward resistance trend-line. Price faced rejection at resistance level and moved down. Price dropped to complete W formation. W > We saw an M formation and expected price to rise up to test the neck as our target. However price reversed short of our target from 0.5 Fib level on last bearish impulse. We now expect price to drop near -0.272 Fib level on last bearish impulse. D >Price faced rejection at daily supply level and is now testing next daily supply zone. We expect price to continue with bearish move and can set three targets on its way down at weekly and daily demand zones. As per COT GBP saw closure of both Long and Short positions improving net positions but still in -ve, whereas N-R could not gauge the same path and they went opposite with addition of both Long and Short. Commercials closed both Long and Short positions, Short for them reducing further to least for current year. BXY had further improved its position during the said week but it weakened last week. JPY saw addition of few Long but more Short positions reducing net positions further. JXY was lost its position for the said week but ended with a Doji. However JXY improved its position last week but again ended with a Doji. 4H > Price has successfully created LL and with current pull back has possibly created LH. We will monitor price action for break of daily supply zone. Currency Correlation > GBPJPY has positive correlation with GBPUSD, GBPCHF, EURJPY, GBPCAD and CADJPY and negative correlation with EURGBP and USDCAD. This was my Idea and I hope you find it useful. If you find the analysis of help please leave a LIKE and FOLLOW for receiving all updates during the week. In the comment section share your view or ask questions. Thank You AP17FX
Short
by AP17FX
GJ Analysis 30/09/2020Today is the first Asian session of the new month. We have some decent options for GJ tonight. 1) If the current level is held we should see GJ move up to resistance at 136.450 2) If we see a break of 136.450, wait for support to form on lower timeframes to validate buys to fill a 35-40 pip range 3) If we do not hold the current level or we break it later tonight, we can look for sells under the support at 136 looking to tap into the levels around 135.750 where we formed support in NY.
by rhf_fx
GJ Analysis 28/09/2020We are looking for a break of support at around 135.350-00. If this happens we would look for a resistance to form on the lower timeframes before looking to sell back down and fill the clean range down to 135 flat. The reason I am not looking for buys is that the upside is very choppy and there isn't a clean range to long into. However if we respect the support which we just broke back into, we should fill the range back up to 135.600. so that would be your buy opportunity.
Short
by rhf_fx