GBPJPYHello everyone, GJ is in a range, so I'm waiting for one of these two scenarios to take a position in either direction. To confirm the breakout, wait for the candle to close (at least on the 30 min tf).
Gj
GJ 2 The Moon: Buy Position Part 2 🌕 GBP/JPY: Still maintaining bullish structure and is increasing in buying pressure overall.162.8 price has become more definite
90 pip GBPJPY LongGood afternoon traders. A look into this morning's trade.
I am back in front of the charts and ready to take on this year. Let's make some cash.
From last week Thursday, the market was in a consolidation. The resistance zone is as marked out on the chart, this morning in the London open, price broke above this zone on the 30min chart, and retested that resistance as a support giving a perfect retest entry. TP was at the 800ema, however, I decided to hold a bit more and jump out at 90pips. Good start to the week.
Be safe, lets kill it
GJ 30min TFIf this candle closes bullish on the 30 min tf, breaking the high of this candle can be a confirmation to take a long position. Stop loss below that candle, or below the wick of the next one. The target would be the previous high.
GBPJPY H&S GJ forming a 1 hour inverse head and shoulders, Looking to buy when a break of neck line and retest occurs.
GBPJPY sellThe downtrend is approaching its logical end.
Price has created two-way liquidity.
Previous low I see as liquidity.
On a higher timeframe, it can be seen that the price is likely to reach the bullish 2H order block that is near Fibonacci extension levels (key level).
So I'm selling till that zone.
Good luck.
GBPJPY Trading Plan - 8/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect GJ to go Up after finishing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPJPY LONGHi Traders,
A possibility for price to push higher. Would look for a Buy entry at 160.000.
Entry price: 160.0
Target Price: 162.3
Hit the Boost and Follow if u agree. Trade Safe!
Thank you.
GJ 2 The Moon: Buy Position 🌕 (Update)GBP/JPY At first i took a sell position for the continuation of current bear trend but i noticed that price is forming bullish structure and zoomed out to a higher timeframe to see that price is being respected on a larger scale. So i closed sells at 159 price,163 is now the new target.
GJ Pullback ShortGJ small correction pullback as long as price is under the 160 price point I'm short especially under 159
if price starts trading above 160 I would be looking for buys
☠️The Death Of GJ: Sell Position☠️GBP/JPY Price is showing an increase in sell pressure and has broken its previous bullish structure on higher timeframes and is now trending bearish currently.
GJ 30min TFHi everyone, I would like to see a strong closure above or below these levels to take a trade. Maybe we won't get it until the NFP release, but keep an eye on these levels anyway. Anything in between is too risky, IMO.
GBPJPY 05/01/2023GJ Asia session overnight hold, GJ can potentially stake a claim higher from here based on my algo.
GBPJPY Rise After ThrowbackAs you see in the 4H time frame, price has made a strong breakout on the yellow resistance zone and turned it into the support zone.
After a sharp rise, price closed a long candle above the yellow resistance area. Currently, price is throwing back to the yellow broken area which is around 159.00 - 158.500
However, we should wait for the breakout on the last high at 160.00 to get confirmation of an upside move.
If price was pushed to the upside from the yellow zone and broke the red resistance at 160.00 to make a higher high, I expect a continuation on rising to the green level at 161.500
GBPJPY Trading Idea - 3/Jan/2023Hello Traders,
Hope you all are doing good!!
I expect GJ to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GJ 03/01/2023One more? lets go then. GBPJPY short as Yen continues to prove to have the force today, look for sells here.
GBPJPY LONG Hi Traders,
A possibility price do a retracement upwards. A look out for bullish divergence will be a good confirmation.
Entry Price: 157.8
Target Price: 160.5
Hit the Boost and Follow if u agree. Trade Safe!
Thank you.
GBPJPY LONGHi Traders,
A possibility that Price will do a retracement to the 163 area. For entry, I will wait at the 161 area. Might be a good buy entry. Not looking further than that.
Entry: 161.0
Target Price: 163.4
Hit the Boost and Follow if u agree. Trade Safe!
GJ Still in SHortGJ short sell still more to go IMO. NFA. Plenty of room left to drop to 158 then 149 in Long sell. NFA
GBPJPY SHORTThis is a long term trade as it's on the daily timeframe, and price broke the support zone and price has the higher chance of getting to the resistance zone and sell to 158.670 zone.
Waiting...GJ - Price sitting in 4H supply zone at the 4HH, waiting to see if price breaks this key level, if so with a solid break/retest i'll look for buys, if no candles close above and we get confirmation ill be looking for sells/continuations.
Let me know your thoughts!
