LONG SIDE GBP/JPYHello guys I had done this analysis which in taking 1h support at trendline and its giving good opportunity to go lone with minimum sl at below support and also please do your own analysis before taking any trade if you like my analysis please like share and do follow for more analysis
GBPJPY
GBPJPY SHORT IDEASHORT GBPJPY
ORDER PRICE 154.90
SL 154.60
TARGET 128.50
Analysis based on Monthly chart. So need patience and for positional trade only
If Stop Loss hit must Exit as the trend going to Change on Monthly
Idea is based on Resistance Level, Not a reversal confirmation Trade.
Those who wish to take more high probability trade can wait for reversal Candle confirmation on WEEKLY
All the best
💡Don't miss the great sell opportunity in GBPJPYTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (151.07).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPJPY is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 32.09.
Take Profits:
TP1= @ 149.70
TP2= @ 149.40
TP3= @ 148.70
TP4= @ 148.15
TP5= @ 147.45
SL: Break Above R2
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GBPJPY SELL | Great opportunityHello Traders, here is the full analysis for this pair.
Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity in GBPJPY .
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
💡Don't miss the great sell opportunity in GBPJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested resistance line (150.35).
. If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPJPY is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 44.14.
Take Profits:
TP1= @ 149.35
TP2= @ 149.00
TP3= @ 148.15
TP4= @ 147.45
TP5= @ 146.50
SL= Break below S2
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. . . . . Please show your support back,
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💡 Don't miss the great sell opportunity in GBPJPYTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (149.8). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPJPY is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 48.
Take Profits:
TP1= @ 148.20
TP2= @ 147.25
TP3= @ 146.35
TP4= @ 145.05
TP5= @ 143.70
TP6= @ 142.05
SL: Break Above R2
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. . . . . Please show your support back,
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It's a great buy opportunity in GBPJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (148.15). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 148.70
TP2= @ 149.00
TP3= @ 149.50
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in GBPJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (147.3). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 148.10
TP2= @ 148.35
TP3= @ 149.00
SL= Break below S2
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. . . . . Please show your support back,
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Now, It's your turn !
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Trade well, ❤️
ForecastCity English Support Team ❤️
18 Feb 2021 gold 15 min TF (missed) both sells18 Feb 2021 gold 15 min TF (missed) both sells 1st entry when candle rejected the previous support and close bearish same situation on the left hand side + 2nd entry missed sells when candle close bearish below support also clean candles to the left on 30 m
💡 Don't miss the great buy opportunity in GBPJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (144.15). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. GBPJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 144.95
TP2= @ 145.25
TP3= @ 145.50
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️