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Gbpjpysetup

Short GBPJPY Longterm Based on Daily + Weekly Charts. 500+ PipsWe went long on GBPJPY from 140 to 147 and now we have the opportunity to short this pair back down to the trend line. We can see the price has re-tested the 147 resistance line again, making it the third test in 8 months, which meets the requirements of a possible triple top. In order for this to become a valid triple top, we need to wait for price to break below the support level. I will be monitoring this pair on multiple time frames. This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Short
by AEFX786
3
GBPJPY already formed Reversal Signal!!!! Hi traders, After a long time of waiting, GBPJPY has formed a reversal signal , which is a good looking pinbar at support area!! Yay!! :) Well, I'm not 100% saying that GBPJPY will go up, instead I'm it has higher probability and possibility to go up. The risk-reward is beautiful. Therefore, I would suggest you to do a long position on this pairing. If you like this, please subscribe me for more setups and ideas in future. Thank you and feel free to exchange your ideas with me. **Trade with care**
Long
by jianan.khaw
Will GBPJPY form a Reversal Signal at 138.5~139.0 support area? Hi traders, 138.50~139.00 is an important support area for GBPJPY, as it has successfully supported GBPJPY 3 times. Of course, I hope this will be the fourth time. :) Waiting for a clear signal is more important than simply execute a trade without confirmation.Therefore, keep an eye on this pairing when it has formed a reversal signal . TP1,2,3 is on the chart. Thank you and feel free to exchange your ideas with me. **Trade with care**
Long
by jianan.khaw