GBPJPY SHOWING A GOOD UPWARD MOVE WITH 1:10 RISK XAUUSD SHOWING A UPWARD MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
Gbpjpysignal
GBPJPY SHOWING A GOOD D UP MOVE WITH 1:10 RISK REWARD GBPJPY SHOWING A GOOD D
UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction now it trying to break the strong resistant lable
B. after the break of this rectangle it will boost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capitalfollow risk reward and tradeing rules
that will help you to to become a bettertrader
thank you
GBPJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said last weeks ... as I said a few weeks ago GJ made the 700 pips we announced and rejected from the target area number 1
Now, I expect a period of range and a retest of the trend line but at the first close even on 1 day below area 148 I will enter SELL until area 142
THIS WEEK...as I said in the last months ... GJ closes lower and lower and makes a range between my number 1 target and the trend line ...
I will try to trade in this area until closing even for 1 day above or below the area and then I will reanalyze the whole strategy
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
GBPJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said last weeks ... GJ rejected and closed the month below the trend line as I said and has already made 400 pips from the 700-1000 forecasted a few weeks ago!
...as I said a few weeks ago GJ made the 700 pips we announced and rejected from the target area number 1
Now, I expect a period of range and a retest of the trend line but at the first close even on 1 day below area 148 I will enter SELL until area 142
THIS WEEK..GJ retested thetargetr 1 area that I expect to pierce in the next period!
However... any closing even for 1 day under 148,500 will make me open another SELL up to the target area 2!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
GBPJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said last weeks ... GJ rejected and closed the month below the trend line as I said and has already made 400 pips from the 700-1000 forecasted a few weeks ago!
THIS WEEK...as I said a few weeks ago GJ made the 700 pips we announced and rejected from the target area number 1
Now, I expect a period of range and a retest of the trend line but at the first close even on 1 day below area 148 I will enter SELL until area 142
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
GBPJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said last weeks ... GJ retested the area of the trend line from where it rejected and stick to the same idea of massive SELL in the next period
just a weekly close above the trend line will make me consider a new BUY!
THIS WEEK...GJ rejected and closed the month below the trend line as I said and has already made 400 pips from the 700-1000 forecasted a few weeks ago!
Even if it retests the trend line, I am waiting for GJ at my final target in the next period ... 148,200
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
GBPJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said last weeks ... GJ has already made 50% of the descent we were waiting for!
Even if it will probably retest the trend line ... my target for the next period remains 148,400
THIS WEEK...as I said last week ... GJ retested the area of the trend line from where it rejected and stick to the same idea of massive SELL in the next period
just a weekly close above the trend line will make me consider a new BUY!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
GBPJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said last weeks .... GJ has reached the trend line and strongly rejected ... which I still look forward to.
Even if he can make another range, I expect GJ to go down the steps to area 148 ... and from there I'll reanalyze!
THIS WEEK...GJ has already made 50% of the descent we were waiting for!
Even if it will probably retest the trend line ... my target for the next period remains 148,400
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
GBPJPY SHORT TRADE SETUPthe daily right side is down against 156.78. The 4-hour right side is up with a bullish sequence against 131.71. While above 138.20 where the hourly right side is up with a bullish sequence it can see a swing higher toward 147.38 before ending the cycle up from the March lows
Sell @140.90-141.10
TP: 140.10
Sl: 141.33
Good luck !
GBPJPY LONG TRADE SETUPThe daily right side is down against 147.75. The 4-hour is turning up against 131.71. The 1 hour is turning down against 136.62. While above 131.71 it can see a swing higher toward 142.00 before it corrects the cycle up from the March 2020 lows.
BUY GBPJPY
@135.05-134.85
TP: 136.00
SL: 134.50
Good luck !
GBPJPY SHORT TRADE SETUPThe 4-hour right side is turning down against 6/05/2020 peak (139.78) & shows a bearish sequence. 1 hour is also down against 136.34 high & shows a bearish sequence. Near-term, while bounces fail below 136.34 high and more importantly below 139.78 high expect pair to extend lower. We prefer selling intraday bounces in 3, 7 or 11 swings against 136.34 high in the first degree.
Sell GBPJPY
@133.75-134.06
Target: 132.80
Sl: 134.44
Good luck !
GBPJPY SHORT TERM TRADE SETUPTechnical Analysis- The 4 hour right is turning down against 4/09/2020 peak (135.74) but shows a bearish sequence. 1 hour is turning up. However, while near-term dips remain above 131.44 high expect pair to extend lower 1 more push before cycle from 4/09/2020 peak ends & a bounce higher in 3, 7 or 11 swings could take place.
Signal- Long GBPJPY
@129.50-25
TP1 : 130.10
Tp2: 130.50
Tp3: 131.10
Sl:128.80
Good luck !
GBPJPY SHORT TRADE SETUPThe 4 hour right is down against 12/13/2019 peak (148.05) & shows a bearish sequence. 1 hour is turning down against 135.46 high. Near-term, while bounces fail below 135.46 high and more importantly below 147.93 high expect pair to extend lower.
SHORT GBPJPY
@132.40-60
TP: 131.60
SL: 133.20
GOOD LUCK !
GBPJPY SHORT TRADE SETUPThe 4 Hour right is up against 126.54 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . The correction of the cycle lower from there ended at 144.61. While below 143.28 where the hourly right side is down another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect the pair higher again.