Gbpjpysignal
GBPJPY Price go in the Triangular zoneHi traders!I hold a point:Good charts does not more words to explain! Good luck!
GBPJPY SELL OPPORTUNITY H&SH FORMATION WAITING FOR BREAKOUT HEAD AND SHOULDER FORMATION WAITING FOR TRENDLINE BREAKOUT TO GO SHORT ALSO GBPJPY THIS DAYS IS BEARISH PAIR SO THIS IS A GOOD OPPORTUNITY TO EARN 100 PIPS !
GBPJPY:The price still in bearish!Hi,traders,I hold a point:Good charts does not more words to explain!
Good luck
short GBPJPY @ 60 min @ trading capability for this 51st week`16Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Next week i`ll confirm or change my opinion about this SetUp :)
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
GBPJPY BULLISH BREAKOUT SIGNAL CALL.The price finding support area at 139.50. Bullish as long as support area remains intact. As intraday trading strategy. we must get bullish signal confirmed by trading above 140.50 with potential target at 144.30- 145.70.
GBP/JPY Long IdeaPrice may continue in downtrend to 160.907, if it breaks 160.621 then it'spossible for the price to down to the S&R level of 160.402. If so then look for price to retrace from 160.402 going in an uptrend and retest around 161.375 and retrace, look for a possible breakout "Long"
GBPJPY - FOREX MARKET ANALYSIS AND TRADING TIPS 29TH MARCH 2016SUMMARY:
The secondary trend of GBP/JPY is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining above 50 day SMA and is taking support of 200 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 164.10 and support at the level of 158.40. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming bullish trend in the pair.
STRATEGY:
GBP/JPY is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
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Triangle and Completed head and shoulder patternReasons to short ;
- Completed head and shoulder pattern
- End of the Triangle pattern
- Passed my daily support pivot
When to short ;
- After a bearish 4hr red candle below the purple line.
SL at 160.886 / TP at 155.580
GBPJPY LONGThe reason why we feel GBPJPY may RISE.
* On weekly basis it has just started moving UP.
* To RISE and come near 164.86 levels
* Stoch RSI (3,3,14,Close) is Rising.
* RSI (14,CLOSE) is Rising.
* CCI (20,CLOSE) is Rising.
Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above :163.29, SL:162.85 Tgt 01: 164.37, Tgt 02: 164.86, Tgt 03: 166.35. The view expressed here is on weekly basis. [b ]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
GBPJPY SHORTThere are many reason why we feel it may SINK
* It has not sustained quarterly ..... level.
* BEARISH in WEEKLY Chart.
* ToSINK and come near 157 monthly target 03
* Stoch RSI (3,3,14,Close) clearly states it may sink.
* RSI(14,CLOSE) Is also of the same view.
* CCI(20,CLOSE) Is not clear
Keeping all the above indicators in view along with the chart pattern we expect it to sink. but as the market is well bellow our sink level we can expect a quick bounce back. Our sell target shall be 159.79 , 158.04 with a SL @: 162.14. We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
GBPJPY LONGGBPJPY is expected to rise now.
There are many reason why we feel it may rise.
01. It has not sustained quarterly buy level.
02. BULLISH Engulfing pattern in daily Chart.
03. It has gone way below the quarterly Low target. and chances are bright it may touch 190 very soon
04. Stoch RSI (3,3,14,Close) is not clear.
05. RSI(14,CLOSE) Is rising.
06. CCI(20,CLOSE) Is rising.
Keeping all the above indicators in view along with the chart pattern we expect it to rise. Our buy call shall be from buy above : 168.72 with a SL @: 167.66 Tgt01: 171.54 Tgt02: 172.71 Tgt03: 176.34. We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
