All buy/sell points with TPs and SL are mentioned on chart... You can observe the candles before quick trade setup...
For accuracy of my forecast, you can check my previous chart of GBPJPY in my profile section...
Please do your own research before entering into the market...
Thanks for your support...
All Major Points are mentioned on the chart itself and this forecast is valid till next week...
Do your own research before making any trade setup on either side...
Thanks for your support...
All the points are explained on chart and you can do your own research before entering any trade (LONG/SHORT).
This is my personal analysis based on previous chart history and some calculations based on indicator like RSI, MACD, STOCH...
Thanks for your support...
All the major points explained on chart... go with the flow and enjoy the profit on both the sides...
I am with SHORT position of GBPJPY but also can go for LONG is needed...
Do your own research before entering into the trade...
Thanks for your support...
GBPJPY Sell trade opportunities
Its overall sell trend recently breakout the Support level and make a very strong bearish candle below the support here is a good opportunity to take a sell with good risk rewards
Hello Traders,
Hope you all are doing good!!
I expect GJ to go Down after finishing this wave.
Look for your SELL setups.
My charts explains the reason if you are aware of the wave analysis. If not, then contact me and I can patch you up with the right people.
Please follow me and like if you agree or this idea helps you out in your trading...
It'll be more clear if you look at your chart in D1 TM.
I've spotted raising wedge which is reversal pattern and the H&S pattern still seems to be valid, the new bearish impulsive moves started this is why the current trend up seems to be counter trend.
to sell the market wait for the break of the falling wedge and the correction channel.
Note:
All ideas...
GBPJPY according to previous history can move further upside but then it will definitely move downward as mentioned in the chart. Do your own research before taking any decision about short or long....
As per my calculations, you can take short entry @ 165.750 and
TP1 @165.250
TP2 @164.700
TP2 @164.000
SL @166.300
THE PREVIOUS IDEA WAS DISRESPECTED BY THE MARKET AND THE RESISTANCE WE EXPECT TO WORK WAS BROKEN AND TURN INTO SUPPORT HENCE WE ARE BULLISH WITH GBPJPY 4H TM.
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and...
Goodmoring to all London session traders!
There is a break out on the 15 Min TF, JPY is growing strength since USD is going down a lot of companies and investors are moving their money to JPY since in the long term this will be more viable for them aswel.
We might see a downfall of GBPJPY to about 160.700 - 160.040.
Please leave a comment in the comment section...
We forecasted GBPJPY, that we want it to
react from the Orderblock area. Also we projected price path where we wanted price to create a short term high than break it to reach the OB, and the market did what we expected.
Currently The Trade is Running 138+ Pips with 1:1.6+ RRR!!
