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Gbpjpytrade

GBPJPY Long Trend is your Friend! 1. One Touch, Two Touch and Third Touch usually completes a Trend. 2. EMA acting as Dynamic Resistance, Buys will have high validity once markets cross over EMA and we have it acting as Dynamic Support. 3. Markets have Bounce off our Golden Fib Zone an Psychological level @ 133.000 where big institutions place orders and take profit. 4. Waiting for 3 Eight hour candles to show signs of rejection to place Buy order 5. I will be buying at current Price Level @134.500 Safe SL @ 133.000 80% Partial TP @ 137.00 10% Partial TP @ 138.000 Remaining Trade TP @ 140.000 Only 5% risk will be taken for this trade
Long
by Mafora
GBPJPY Last Moves for Breakout As Here in GBPJPY, it has trend from the past couples of week and now its on the resistance line waiting for breakout or fallen back to retrace one more time, so then from there it starts strengthening or fall more to getout of the trend... Well, It depends on News what will it do. Better to focus on buying from the lower line of trend & hold it but what if it break the resistance then you're happy to take it as a buy for long term. Becareful at this point as it can fall once more as well & then it'll breakout... Everyone want to know what GOLD is doing? I HOPE THIS ANALYSIS GIVES YOU A BETTER IDEA. Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU! P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
by PiPumer
GBPJPY, MIGHT SHORT LATER.**ENG** - Price moving very impulsively towards our higher high/possible reversal zone. - We can see that price is reaching overbought levels. - Looking for shorts at the red circle. - Only looking for longs if price breaks this zone impulsively. **PT** - Preço a mover-se impulsivamente em direção ão nosso higher high/possível zona de reversão. - Podemos também averiguar que estamos a atingir níveis de sobrecompra. - Procurar por entradas em short na zona do circulo vermelho. - Apenas procuramos por longs em caso de uma quebra impulsiva desta zona.
by Wevesting
GBPJPY Still On AN Uptrend...BULLSIH outlook!!!As we can see, GBPJPY brokeout from its resistance area (red area) followed by a nice retest and bullish movement upwards. I will be looking to see GBPJPY testing 23.6 fib level where we can see a short price rejection followed by a continuation bullish to the trend resistance line. Also, there will be a resistance level @ 138.65 where I believe price will travel till that level and I will update again once we see a nice rejection or breakout. As for now, I will be trading the BULLISH movement up. TP and SL provided as shown in chart. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Long
by YGForex
GBPJPY NEXT TRADE SETUPGBJPY currently running at 136.214 and have made a clear bullish momentum towards its next resistance at 137.30 on H4 timeframe. If it breaches the minor resistance at above blue zone which end on 136.40, then it will be a clear bullish movement. Buyers can hold their trades till next resistance. Remember : GBPJPY just like most of other GBP pairs (GBPUSD) is on two days bullish streak. The entries on this trade idea shall be taken only if all the rules of entry are satisfied. Contact us for any query.
Long
by TradingSwirls