SHORT GBPJPY 2 POSSIBLE SM ENTRYS GJ it's totally bearish at 4h time frame so I'm looking for sells. I need to see a confirmation on the OB to put my order.
Gj
GJI'm staying clear and far away from any GBP related pairs, due to the statements made by the IMF. I don't really care about moodys (I'm in the research process of them, due to finding out that Berkshire Hathaway actually has a stake in moodys). How the country is reacting to Russia, lizzys death and new leadership is allowing me to watch and wait.
GBPJPY reached target after resistance retest as predictedGBPJPY has dropped from resistance on 4hr, giving me a 90 pip drop from entry, booked profits leaving runners to next zone
GBPJPY short after 14ema retest and half batman GJ sell, after retest, down to support level, after forming half batman at resistance
GJThe market is playing out close to how we said it would. I'm watching and waiting for the market to break impulsively and retest before entering.
GBPJPY 27/09/2022Price formed a demand zone in between 154.783 to 153.946 & have a HTF resistance key level at 157.972. so price might come down for some pullback to the demand zone or find support at recent low at 155.256 & then continue to push upto the next HTF key level at 157.972.
However a breakout of the demand zone with bearish move would invalidate the possible long opportunity.
GJWhat I am potentially seeing, what could happen. Markets are still confusing me in England so I prefer certainty. Friday, I took many trades but they were short trades and didn't last too long. I'll try put the picture up.
SEP FOMC GBPJPY TRADE PLANHello Everyone
This is my GJ Trade plan for this SEP FOMC
1) We can Expect Breakout tonight
FOR BUY
Trade Setup 164 above close
Clean BULLISH BIAS towards
TARGET =165.35
2) FOR SELL
Trade Setup 163 below close
Clean BEARISH BIAS towards
TARGET=162.25
3)Dont stuck your positions in this range
It will be Choppy untill FOMC statements
Wait for clear Breakout!!
GJHonestly confused, especially with the England climate so I've closed all trades and decided to take a backseat.
🔔GJ UPDATE : bearish trend 🔔 Hello traders, I am looking for an opportunity to follow the bearish trend after breaking the demand zone 162.800, the current wave cannot breach the key level of 163.400, and the rejection indicates the end of the correction at the 0.618 Fibonacci level, I think it is an opportunity to sell.
entry 163.30 risk 1/2.8
GJ Buy Setup ✔Hello Traders. This is my setup on GJ for the next week. Everything is shown. What do you think?
Comment below. ✌
GBPJPY 20/09/2022Price currently formed resistance at 164.426 support at 163.907. so if price closes below the support, then price could continue pushing down to the next support at 163.464. However if price respects the support & closes above the resistance, then price might continue pushing up to the next resistance at 164.927 creating new higher high.
GBPJPY Potential Buy OpportunityGBPJPY has a bullish market structure, creating HL and HH.
Retested the 163.000, 50EMA and 61.8 Fib retracement.
All signs indicate a bullish push to the upside from here.
GBPJPY buy ideaanticipating the price herre to move up towards previous resistance,
buys will be taken on close of 30m candle and then managing risk as price continues to move up.
GBPJPY 19/09/2022Price retesting a key level at 162.687 which is acting as recent support for gj also price has another key level at 163.563 which could act as its resistance since that key level has multiple retests from HTF. Now if price doesn't make a breakout of the resistance & makes a breakout of the recent support then price could come down to the next possible support at 161.901 or all the way to 161.152. However if price respects the support & breaks out of the resistance then it could push up to the next zone at 164.098 or 164.737.
GJNot a good week, I think this weekend is meant for a regroup and refinement. Need to leave the markets for a bit and reconfigure my thinking.
GBPJPY 16/09/2022Price retesting a key level at 162.687 which is acting as recent support for gj also price has another key level at 163.563 which could act as its resistance since that key level has multiple retests from HTF. Now if price doesn't make a breakout of the resistance & makes a breakout of the recent support then price could come down to the next possible support at 161.901 or all the way to 161.152. However if price respects the support & breaks out of the resistance then it could push up to the next zone at 164.098.
USD/JPY- RISE : long setup today's trade USD/JPY LONG. the pair is still bullish, following the trend from the demand zone143.00.
the US dollar is still strong, especially with waiting for the interest rate hike on September 21.
GBPJPY 16/09/2022As we can see the price just made a breakout of a head & shoulder pattern's neckline & came all the way down to retest the next support zone. now if continues to respect the neckline at 164.707 as its resistance & break & closes below the recent low at 163.922 on 30 mn tf then price might continue to push down to the next support at 163.417.
And if price respects the recent low as its support & makes a breakout of the downtrend its moving in respect to, then it could continue to push up to the neckline at 164.707 or all the way up to 165.928.
GBPJPY 15/09/2022Price retesting a recent support at 164.867 while strong resistance at 165.948. Now if price respects the resistance & makes a breakout of the recent support then it could continue to come down to the next support at 164.290 or all the way to 163.615 as a retracement.
However if price respects the recent support & breaks & closes above the resistance then it could continue to push up creating a new uptrend.
GJIt had a double bottom, previously tested level that wasn't broken, engulfing bullish candles, long term bullish structure and it is one of the patterns I trade. Earlier I couldn't explain but this is why I had placed my Longs here and SL just under previous lows. Those that are busy move your SL to just into profit or BE, the market is not your fathers house remember that when trading.
