GBPJPY - 4-8 Oct Weekly Plan Monthly: With Sept close bearish below recent monthly support at 151 and Monthly resistance from April 2018 at 150.50, I would expect more down side continuing the current bearish pressure. Weekly: Previous weekly solid bearish close confirms the bearish pressure on GBPJPY and any pullback failing to create new high and get rejected...
GBPJPY 19 - 24 Sept Outlook and Trade Plan Structure: Weekly closed Solid Bearish Daily Solid Bearish LH/LL 4H Bearish (First break of bullish structure) Nothing major changed from last week outlook except that we managed to close below 151 after we formed HH last week but failed to hold the bullish structure and on Friday we had formed LH on 4H after retesting...
GBPJPY 13 - 17 Sept Outlook and Trade Plan Structure: Weekly closed indecision in range Daily Bullish 4H Bullish We had formed HH on Friday, and currently we are retesting last 2 weeks range. My Trade Opportunities: If we managed to respect previous week range, I'll be comfort for longs above 152.20 targeting recent highs and possible continuation. If...
It's NFP Week!! 1- Monthly structure still holding bullish and bouncing from 148.50 level. We are having 3 bearish candles since reaching year high at 156. This causing GBPJPY any up move is treated as a pullback until we have a close above 153 for the bullish momentum continuation. 2- Weekly is ranging between 148.50/153.40 with previous weeks are showing...
GBPJPY 1- Monthly looking heavily bearish and the close of this monthly candle will be very important for the bullish structure as if we closed below 151 this will be a confirmation for break of structure. 2- Weekly solid bearish close 2 support levels 151.50 and 149.70 confirming bearish momentum continuation. Currently GBPJPY is at the weekly range low since...
GBPJPY 16-20 August 2021 Outlook and Trade Plan Monthly structure still holding bullish with previous 2 months bearish close respecting 152.00 key level. A close below 152 will encourage more shorts to test the lows at 149. Weekly continuing the bullish momentum after 23 July solid close. Previous week bearish close formed a solid resistance and barely...
GBPJPY Considering it's Friday i'll have risk today. Session Bias: Ranging Daily: Bearish 4H: Bullish 30m: Ranging
GBPJPY Session Bias: Ranging Daily: Bearish 4H: Ranging 30m: Ranging
GBPJPY GBPJPY 9-13 August Trade plan Monthly structure still holding bullish structure with previous 2 months bearish close respecting 152.00 key level. Weekly continuing the bullish momentum after 23 July solid close. Still we are trading below 153.66 28 June resistance formed due to 17 May support at 154 key level. Weekly is showing potential for more...
GBPJPY GBPJPY 9-13 August Outlook Monthly structure still holding bullish structure with previous 2 months bearish close respecting 152.00 key level. Weekly continuing the bullish momentum after 23 July solid close. Still we are trading below 153.66 28 June resistance formed due to 17 May support at 154 key level. Weekly is showing potential for more ups...
Session Bias: Bullish Daily: Bullish 4H: Bullish 30m: Bullish Important news at 12:00
Session Bias: Bullish Daily: Bullish 4H: Bullish 30m: Ranging 4H Chart 30m Chart
Session Bias: Bearish Daily: Bearish 4H: Mixed 30m: Bearish
1- Monthly structure still bullish even with the resistance formation at 155.63 as long we hold closes above 151 we will challenge the highs again. Anticipating August candle to wick down forming a support on Daily and 4H for testing the highs at 153.40 and above. 2- Weekly structure is bearish and a close above 153.65 will give the opportunity to continue the...
30 July - GBPJPY Trade Plan It's Friday and End of Month so will just watch the plan and not going to trade Session Bias: Bearish Daily: Bullish 4H: Mixed 30m: Bearish
29 July - GBPJPY Trade Plan Session Bias: Bullish Daily: Bullish 4H: Bullish 30m: Bullish News 9:30 Consumer Credit(Jun) 9:30 Net Lending to Individuals (MoM)(Jun) 9:30 M4 Money Supply (MoM)(Jun) 9:30 M4 Money Supply (YoY)(Jun) 9:30 Mortgage Approvals(Jun) GBPJPY
28 July - GBPJPY Trade Plan Session Bias: Bearish Daily: Bearish 4H: Mixed 30m: Bearish - Daily formed resistance at 152.50 - 4H resistance at 152.55 is still rejecting a close above will push for retest of 153.13 /.40 - 1H solid bullish structure with support at 152.20 and 151.84 News 19:00 FOMC Statement GBPJPY
GBPJPY Previous Month : Bearish Previous Week : Bearish Previous Day: Bullish Weekly : Still reacting to the formed Year High reached and the Weekly resistance formed on Jan 2018 but holding bullish weekly structure with June 21 Support formed. Daily : Structure is solid bullish respecting every zone created during the bullish run since March 2020....