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Gbpjpyshort

GBPJPY - Daily Trade Idea - 4-Nov-22GBPJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
2
I Thought That Will Happen, But This Happened :-( Hey trader, I hope you're having a profitable week! I thought that the price was ready to rally for the rest of the year, but I was wrong. The monthly and weekly timeframes weren't fully ready, especially the weekly timeframe. It only gave me a market-maker pattern signal and not the short-term MAs one. A retest with a bullish reversal candle close is expected on the 8 MA to fully confirm the MAs signal and rally. I think that's why the price decided to start forming a bearish reversal candle pattern, which is rejecting the buy trade I had taken last week. Aside from what's happening in the weekly, the monthly timeframe signal is still intact. Everything is aligned according to the strategy rules. So we'll likely see the price rally as anticipated after the weekly counter-trend. The weekly counter-trend is triggering a swing signal that we can likely profit from. The price is in a bearish reversal candle formation on the weekly timeframe. The price is running below the newly formed bearish half-a-bat pattern (which confirms the weekly's bearish reversal candle pattern) that's running below its neckline and in between the short-term MA's in the daily timeframe. The price is bearish running in the mini half a bat L2 as well as below the 50 and bearish crossed short-term MA's in the 4 Hour (current) timeframe. All 3 timeframes are telling each other to drop for the weekly 8 MA retest. But, they haven't fully confirmed that bias and it can be rejected. Monthly Chart: Weekly Chart: Daily Chart: With that in mind, do not take the trade because this isn't financial advice. I'm just sharing my views. If you take the trade and lose money, do not blame me but yourself! That's it for today. If you have a different concept in mind, feel free to share it in the comments section below, I'd love to know your thoughts. Or, if you want to see ideas that link to this one, simply click the ones that are embedded in the Link to Related Ideas tab. Stay Blessed Baby, Sphatrades.
Short
by Doji-2k1
2
GBPJPY Possible Long swing/Short swingat the moment i am waiting for a entry to long gbpjpy to 169.288 (.236 lvl) and that will be my first tp my entry i would need the hourly to close above 168.113 then i think it can run back up to 169.288 if a 15 - 30 min candle does not close above then i will short but reall i want it to break over and run all the way up to 169.895 - 170.037 as my short entry the rest for that is its my 10% zone (rejection zone) and it'll form a head and shoulders so its the safest entry and the r/r is alot better and my tp will be 168.113 short Long entry : Hourly close and stays above 168.113 TP 1: 169.288 TP2 : 169.895 - 170.037 Short entry: Entry 1: 169.288 TP 1: 168.113 Tp 2: 163.390 (swing) Entry 2 : 170.037 - 169.895 TP 1: 169.288 TP 2: 168.113 TP 3: 163.390 (swing)
Long
by Juicyho
1
GBPJPY - Daily Trade Idea - 3-Nov-22GBPJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
1
GBPJPY - Daily Trade Idea - 2-Nov-22GBPJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
2
GBPJPY - Daily Trade Idea - 1-Nov-22GBPJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX