GBPJPY - update in light of recent developmentsThe strong move down today opens up a different possibility!
Still don´t think the correction is over but it took a detour instead.
GBPJPY.PRO.OTMS trade ideas
GBPJPY 191.974 -0.61% INTRADAY - SWING IDEA LONGHELLO TRADERS
Hope everyone is doing great
📌 A look at STERLING from intra-day to possible SWING
4H GBPJPY
* STERLING finally saw strong bullish momentum breaking out of the range, today we possibly seeing a retest of this range.
* The bearish OB has been violated as we traded above it, possibly signalling some bullish moves.
* should we reject the range looking to hold GJ swing to the upside.
1H GBPJPY
* Not much is different from the hourly but we see that we are not beaking that intermitted low.
* significant bullish momentum outside the range will be a signal for me.
on the 15M ASIA trended nicely to the down side beautiful price action, probably signaling bad NY AM session but most like bullish signals.
* a sweep of the low would have been great but we will see how price moves.
* The weekly & daily TF show we are still showing signs of a Bullish move.
* GJ took internal range LQ, looking for that external range LQ to be taken.
* We are trading in discount of the move,This is where I would be looking for long entries.
* With PO3 looking to open bearish this week to confirm a move higher into premium PD ARRAYS.
* BASED on the price action served this week.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
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SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
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Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
Long on the GJLook guyss
Risk Management is Holy Grail.
We all know the symptoms of a setup.
So i was looking for buys on GJ
This looks like a POI I would like to hunt From.
This is the New York Session
If London Sellside isn't swept the OTE would be a good entry style.
Drop comments. ✅
Happy Hunting 🏹
gbpjpy sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBPJPY LongYes, correlation do exist among the forex instrument, but for me i don't let correlation determine my bias, i go for trades that best suits my rules and not even "my personal-self", so currently i am looking for a long opportunity for this instrument if the market produce me the chance.
GBPJPY: Important Bullish Breakout 🇬🇧🇯🇵
GBPJPY broke and closed above a resistance line of
an ascending triangle formation on a daily.
We see a retest of a broken structure and a rising trend line at the moment.
Probabilities are high that the pair will resume growth soon.
Next goal - 194.5
❤️Please, support my work with like, thank you!❤️
GBPJPY - long trade inside a larger consolidationGBPJPY needs to push higher since we broke out of a triangle ABCDE pattern and price didn´t bounce off from a fib level for further continuation down.
Currently, price is moving inside a wave c of (B) [blue count, intermediate level).
My expectation is a rejection from the 78.6% fib level to continue down for the wave c of 4.
Bullish Resumptionlooking for a change of character on the 15m and a massive correction of the asian session, with a 50% above the opening of the day as take profit. for every price channel to support, there is always a corresponding rise of the market to a measure move of 50% above the high of the channel. this would be a 1 to 5 risk to reward trade. trade responsibly, never risk more than 0.5% of your capital on any single trade at any given time. stay on the profit zone.
GBPJPY SELLWe just saw a market structure break and I believe price will go back to the 192.5 area then now begin to drop Enter sell at 192.56 SL 193.56 TP1 190.5 TP2 190.2
GBPJPY buys Looking to enter longs from this area with stops just below the strong low, expecting a reversal from this area.
Strong R:R, good set up so will be using normal lots size for this entry
GbpjpyMarkets always likes to respect session high and lows.
We’ve broken structure now time to target lows and highs.
Waiting for any imbalance to be created then entering long
Long on the GJHeyy guyss..
Quick look at GJ.
On the higher timeframe we have a bullish structure.
I want to look only for buying setup
Price yesterday has broken above last week high as previous high.
I am looking to see a corrective move.
During asian session. Price did a corrective move back to orderbloc, FVG, open price(yesterday)
I want to start seeing hunting a change of character from the London session.
London session started and took out asian low.
Then did a displacement with an engulfing candle on the 30mins.
This is where I want to get in on my bullish setup
Take a good look guyss and use proper risk management.
Have a nice trade
Happy Hunting 🏹
GBPJPY BUY NOW!!!!!GBPJPY completed +100pips and more from our yesterdays calls on buys today again price made a better rejections from the sell side liquidity am in again on buy targeting new highs...
JOIN AND ENJOY
TELL US YOUR TAKE ON THIS...............
GBPJPYplan followed,
reasoning,
break out rule followed, ideally id be happy with 20 pips here.
think its best to let this run, scale it after 25 pips secured
SL set tight
GBPJPYUpdate on the previous analyses
H4 timeframe after the break of the triangle and the retest, the price will keep pushing up.
The price is know creating an uptrend with HH and HL.
Short Term Elliott Wave Sequence in GBPJPY Calling Further UpsidShort Term Elliott Wave in GBPJPY shows a bullish sequence from 8.5.2024 low, favoring further upside. Rally from 8.5.2024 low is unfolding as a 5 waves impulse. Wave (1) higher ended at 192.01. Pullback in wave (2) unfolded as a zigzag Elliott Wave structure like the 1 hour chart below shows. Down from wave (1), wave A ended at 190.34 and rally in wave B ended at 191.625. Wave C lower ended at 188.19 which completed wave (2) in higher degree. The pair extended higher in wave (3). Up from wave (2), wave ((i)) ended at 190.76 and dips in wave ((ii)) ended at 188.89. Wave ((iii)) higher ended at 191.47 and wave ((iv)) ended at 189.42. Final leg wave ((v)) ended at 192 which completed wave 1 in higher degree.
Pullback in wave 2 ended at 189.46 with internal subdivision as expanded flat. Up from there, wave 3 is in progress as an impulse. Wave ((i)) of 3 ended at 191.92 and wave ((ii)) of 3 ended at 190.18. Pair is nesting higher in wave ((iii)) with wave (i) ended at 191.49 and wave (ii) ended at 190.44. Expect wave (iii) to end soon, followed by wave (iv) pullback before it resumes higher again. Near term, as far as pivot at 188.19 low stays intact, expect dips to find support in 3, 7, 11 swing for further upside.
GBPJPY Daily Chart: Bullish Breakout with Rising RSIJoin the Ride!!
➡️ Bullish breakout above the ascending trend line
➡️ RSI trending upwards, indicating bullish momentum
➡️ Next targets: 199.496, 204.255, 208.092 on the upside
IDEA GBPJPY LONG POSITION Hey Traders
Pair : GBPJPY
Position : LONG ( BUY )
Entry Price : 192.370
STOP LOSS @ 192.000
TP 1 @ 192.800
TP 2 @ 193.200
TP 3 @ 194.250( Trailing SL )
long in GBPJPYafter a long bearish trend gbp showing strength , formed accending triangle and gave a breakout of resistance level , if it retest the resistance level and respect it as a support and continue in upside , than its a good time to buy
GBPJPY Finally Broke Previous High. Time To Rally?I'm expecting a continuation to the upside so I will be looking for my second BUY entry.
- Bullish Choch
- Still creating HLs
- Created new HH
I have 3 POIs
1. Looking for a pull back to retest QP 192.5 which also has a FVG confluence.
2. Internal bullish OB around 191
3. Bullish OB around MQP 190
1st Target 193.75
2nd Target 195
3rd Target 196.25
GBPJPYUpdate analyze
H4 broke and closed above the triangle I talked about in the previous videos.
The break and retest of the triangle had the same build of the triangle on H1, from weeks ago.
gbpjpygbpjpy joining his bullish trend again in higher time frame, can join lower time frame with confirmation.
