Gbpjpysignal
GBPJPY - Sell NowGBPJPY was touched the upper level trend line and drawn trend line shows you higher lows which is a down trend according to the 1H chart and hope price will be retrace from there to down. There is a resistance at 132.074 as well. RSI shows whenever price hit (when its come from down to up and turn) 57.79 and shows movement is turning to down wards.
TP's and SL is up to you.
Note: Trade at your own risk and this is not involved any fundamentals.
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Potencial Venta +120 pipsNOTA: El análisis anterior de GBPJPY donde perseguiamos solo +60 pips, se dio con éxito hasta los +70 pips (actualmente). Éxitos a quienes tomaron la entrada!
Actualmente, nos encontramos en un retroceso ascendente de aproximadamente 30 pips. (No operaremos éste retroceso; Solo le mantendremos el seguimiento hasta que se cumpla.) 134.985/135.315.
Una vez terminado el retroceso, ser paciente y esperar entrada a venta en la gráfica (posiblemente se crea un pull back). Al salir de la zona de Liquidez abrimos la venta oficialmente.
Entrada: 135.108
TP1: 134.823 +30 pips
TP2: 134.261 +90 pips
TP3: 133.922 +120 pips
NOTA IMPORTANTE: Luego de obtener nuestro TP3 mantener seguimiento a la acción del precio, ya que nos encontramos cerca de un punto máximo, el cuál sumaría unos +100 pips a lo que actualmente especulamos. En total, tendríamos una venta Aproximadamente +230 pips.
GBPJPY at Major Demand Area: BIG BUY if Support HOLDSAfter dropping for almost TWO WEEKS, it would be interesting to see if GBJPY manages to Stage a comeback. Price has hit a Major DEMAND AREA on the Weekly Chart.
We need a couple of Constructive BREXIT related News and Improved RISK APPETITE this week to push GBPJPY higher.
So, in case of POSITIVE DEVELOPMENTS, as mentioned above, Swing Traders can definitely BUY at 139.50 area with SL below 138.
TPs can be set at 143.80 and 148.50.
GBPJPY Approaching MAJOR SUPPORT LEVELS: Potential BOUNCE/BUYGBPJPY is approaching two MAJOR SUPPORT LEVELS, the first being at the 141.01-141.15 area which has seen some decent INSTITUTIONAL BUYING in the past.
The Second Support being at the 139.80 area which is a STRONG SUPPORT as well.
It's expected that GBPJPY will bounce from one of these LEVELS and go towards the RESISTANCE at 143.80.
So, traders can look for BUY at 141 with very small SL at 140.70. TPs can be SET at 142.30 and 143.80.
If the above SUPPORT fails, traders can BUY at 139.80 with SL below 139.30 and target 141 and 144 as TPs respectively.
GBJPY Bounced off Support, more Rise expected!In my previous idea, I advised about buying GBPJPY at 143.80-144.10 area. As you can see, the price has moved up after hitting the area that I mentioned. If you have already bought at the support area, you can hold the trade for 145 and 147 TP.
Others can see the lower time frame and then go long.
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