Trading Ideas- Long positions above 157.21 with targets at 172.58 & 176.72 Alternative scenario If price goes down 157.21 look for 150.41 & 146.30 as targets. Supports and resistances 150.41 & 146.30 172.58 & 176.72
A big move in downward direction may continue. Use proper risk management !Happy trading
GBPJPY - Hourly Analysis CMP 159.57 buy for target 160.3- 160.7- 161.1- 161.85- 162.4+ SL 158.5
GBPJPY Short, because of support, resistant, trendlines and candlestick pattern happy trading day guys
GBP JPY has a potential short trade in play. The market levels are key demand and supply areas where price is likely to react and turn around. Now that GBPJPY has retested the highs, there is likely to be a pullback to grab liquidity.
After touching the daily resistance, market is bounce back so use proper risk management. !Happy trading
it in on upward trend, it will continue till above resistant
Market forming an rising wedge pattern structure Wait for the trend line support breakout after entering the trade Target 1 166.000 Target 2 164.074
It seems the trend is moving towards where it had dropped lastly. So use proper management. !Happy trading
If you want to take a position without risk, wait for the signal candle
GBPJPY long setup, if demand area holds. Look for bullish candle confirmation before jumping in long.
GBPJPY Breakout support trend line is a very good opportunity to take a short trade here with stop loss above the support area "Always trade with Stop Loss"
Hello , traders With the help of Elliott and Price Action strategy, the GBPJPY trend
According to the analysis i shared it hits perfectly.
A flag pattern appears in higher timeframe. It may continue its trend. Use proper risk management. !Happy trading
Gbpjpy currently moving in downward trend, Looking for short term Selling Opportunities.
Price broke from 160.180 is a clean indication for price to move up, Wait for a retest and then GBPJPY is ready to go up till 161.100