GBPJPY trade ideas
GBPJPYGreat sell opportunity on GBPJPY ,
Wait for break and retest and the enter the trade with good R:R ratio
GBP JPYwaiting for a BO from right angled triangle. looking for Long position. There is a strong R&S zones which makes GJ stands there. wait to break it.
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.
GBPJPY is going to touch 155.000The analysis is on the chart
Trade not recommended
Trade at your own risk
comment your views
Thanks
GBPJPY Buy Next Week (300+ pips)Condition:-
1. Daily Channel Formation
2. Support and Resistance
3. Demand and Supply
4. M Formation
5. COT data - 1.EUR ⬆️ 2. JPY ↕️
ENTRY:-
1. Enter on 4hr timeframe
2. follow the analysis
ALL THE BEST!
GBP JPYUpdation:
Looking for a buying opportunity in GJ.
Price is retesting from major support zone and also still continues in uptrend line.
waiting for a clear price action
use proper risk management
Thank you
Long - GBPJPYLong position in GBPJPY (Scalp Trade)
Entry above 151.2
TP 1 - 151.5
TP 2 - 151.7 - 151.9
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SL - 151
GBP/JPY is showing bullish trendIt is respecting the trendline so you can buy it from here or after the breakout of one more trendline.
GBP JPYGJ is in crucial price. touched in major support zone. may be making a inverted H&S pattern or rested to go down.
wait for a price action.
GBPJPY another winner (100 + pips)Based on previous analysis of GBPJPY the trade was opened and performed insane 📉
still running with 100+ pips more counting!
This is the 3rd winning trade in 1 week of my analysis
FOLLOW FOR MORE!
ALL THE BEST!
ASIANFOREXBased on fib retracement and trendlines its retrace level last week we seen bearish still we are in bearish trend
