after a long trend and failed to break resistance and started falling. Enter with good risk management Happy trading!
We can make GBPJPY short if, RSI comes below 50 in 4hr time frame, As current level is approximate to all time high in 4-5 year, so there is high probability for a down trend from current level.
Setup Contains: 1. Accumulation Phase (Asian Session) 2. Manipulation (London Session) 3. Break of Structure 4. Return To OrderBlock 5. Distribution FOLLOW PAFX & TRADE LIKE BANKS 💸
Enter after the pullback for strong confirmation note:beware of fakeouts
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Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (155.43). . 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 an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Wait for the candles to close at zone and enter after the pullback for strong confirmation Note: Due to friday beware of fakeouts
well as posted yesterday its heading up and we can see that it broke resistence and now moving a head so im hoping it will hit my target
Gpbjpy recently formed flag pattern If breakout it will go next support level
Wait for the candles to close at the Zones and enter after the Pullback for strong confirmation
well gj is perfectly going up and now one can enter easyly now its breaking all structures
This is scalping Setup So if you will take this order after reached the 30M order block and Set TP for 30 Pips.
Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 153.800. The Japanese Retail Sales y/y data (Actual: 1.4%, Forecast: 2.9%, Previous: 1.9%) released earlier today indicated a slowdown in consumer spending. The Japanese Unemployment Rate data (Forecast: TBA, Previous: 2.8%) will be released tomorrow at 0730 (GMT+8). GBP/JPY’s...
well its in long term bussish treand and even institutions are in the same direction and now its going up by breaking all awable ressistences
gbp jpy looks uptrend with trend line + resistance breakout. wait for cross 155.050
Since that price recently broke resistant at TF H4, planning to wait for a pullback before going long for price to test next supply area above