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Poundyen

GBPJPY Hidden Idea and Trade since May 2ndAfter this idea was hidden by Tradingview for adding YouTube channel, I was very angry with them so I decided to move out of here. But I re-post this idea because it did exactly what I anticipated since May 2nd 2017. Non of these movement are coincidence. What to expect now in the long term? Above 152.000. One of the best scenarios would be buy at 142.000 and lock the target at 163.000. Green box is what I didn't see. Follow the idea's link. Follow my twitter and learn how to. Cheers!
by wildcreamlife
MYMENTORTV POUND/YEN ANALYSIS Good evening everyone So today the market appears to be align with hitting one of three tps presented in the picture. The reason for my trade was the following This market has hit the exterior trendline for pitchfork completed its fifth way up by the looks of it and making its way to one of the TPS Engulfing candle on 4 time frame and lower time frame : entry : lower close overall analysis I see this market going back to tp3 which is 135.160 level however if the market does not hit the median line on the pitchfork and retest and head south then this analysis is void and we have to do it all over again and see where this market wants to go/ the banks pushing this market where they want it to go. Feedback is always welcome and happy trading everyone Kris myMENTORtv
Short
by mymentortv
GBPJPY buy Long term at 147.913GBPJPY giving us another opportunity to buy on the long run. Trade may take in few more time so lets be patient. I dont want to chase the price, We wait for the retracement around 147.913. Pair has change its trends after bullish run and confirmations. Reasons why we would like to enter at 147.913 is simple. +Strong Resistance +38.2% fib from previous rally +Trendline possible retest You can set pending buy limit if aggressive and if conservative look for more confirmation Buy @ 147.913 SL: 141.225 TP: 158.751 *Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies and crypto currencies can be risky and potentially profitable opportunity for investors. However, before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
Long
by SmarterFxCapital
1
GBP/JPY Analysis for Week 23: StructureDISCLAIMER: Hi everyone, this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Alright so on my last analisys for this pair I saw the bounce and the end of the that downtrend. So lets see how high this pair will go. Monthly: Ok so on the monthly we see the price heading towards a resistance area around 148.057, which as we see was also, previous support for a while back in June, July and August of 2013. Now lets take a closer look cause things get really interesting on the weekly chart. Weekly: This is what text book charts come from! The price action and structure on this pair is just way to beautiful. There an ascending triangle here. Resistance areas beign tested perfectly. Tendline forming very beautifully. Now since this has followed structure so beautiflly, I think we can expect the third tap on the resistance area. The question is will it break it, or will it continue a downtrend. We will have to be patient foer that. Daily: Ok on the daily we can draw some more support and resistance levels although not many. But there is a resistance level around 145.105 levels as you can see highlighted in the rectangles. and that was tested on Friday's traiding day. 4hr: Alright now on the 4hr we see what the price did a little bit better. So it broke that 145.105 Resistance and turned it to support. But it seems to have formed a double top. with Resistence at 146.559, and closed below. What usually happens with a double top? It drops. So where can we expect this to drop to? Probably that resistance-turned-support line at 146.559. We also know that it needs to drop to come and test the MA. Analysis: Option One: So because of that double top we can expect the price to drop some and maybe continue the trend. But where would it drop to? The pivot point and bounce. If it breaks pivot point next target is previous support. Remember to be patient and look for good entries.
Long
by EdwardFabianRamirez