GBPJPY SHORT LONG LONG TRADEIDEA365 from JAPAN
GBPJPY SHORT after gap close TRADEIDEA365
Candle Close Below This Trendline Will Open Doors To High Bearish volume With Take PRofits @191.650 So Stay ahead Happy Trading Take profit Hit enjoy
Next shorting opportunity for GBPJPY for next week! SHORTING AT 195.6 AND SHOOTING FOR A TARGET1 AT 194.77
Resistance level have been tested a few times, which indicates a good level for entry. Break beyond resistance level will indicate that the trade is no longer valid.
Short GBPJPY Look for wedge move 3-3-3-3 Also wave 4 was out of trend channel
Short Entry @ 191.640 StopLoss @ 192.220 Take Profit @ 189.770 Broken Daily support over bought have had a double top in the past couple days which ran right back into the support turned resistance marked by the pink line. Fundamentally the Yen has gained some strength and it is being shown a little bit across the board. Technically we can see a lot of...
Everything on the chart. Maybe it gets a little higher. Two possible trades. SL above previous high. Good luck!
GBPJPY:- DAILY ANALYSIS: THE TREND IS UP AND IDEALLY WE WOULD LIKE TO BUY THE PAIR. BUT THE PRICE IS TELLING US THAT A REVERSAL IS IN THE LINE AND WE WOULD FOLLOW WHAT THE PRICE IS TELLING US. THE HIGH OF 05 DEC 2014, 189.69 (SIGNIFICANT POINT) REVERSED AND PRINTED A LOW OF 175.77 16 JAN 2015. THE UP-TREND SHOWS A SIGN OF WEAKNESS BY ALLOWING THE MOVE A-B TO...
I am looking for a short untill 183 area, which is point 4 of the wolfe wave. From there I would like to buy if the falling wedge in RSI breaksout north. Targeting at least point 5 and maybe even the sweet area in the wolfe wave. Once arrived there I believe we have a lot of pips to be made at the sellof.
I don't place trades off of the daily timeframes but I do watch them on a consistent basis as part of my top-down analysis and GBPJPY has been one that has been in some what of a fight as of late. After easily rallying up into structure it's come to a halt and it looks as if the bulls may be running out of steam. Just look at the wicks, they're trying to push...
UPDATE: D1 FAKEY OF INSIDE BAR FORMED. DOWNSIDE BREAK OF THE MOTHER BAR AND SUPPORT LINE WILL ESCALATE FALL. I HAVE ALREADY SHORTED. WOULD VERY MUCH LIKE TO SEE THE SUPPORT AND MOTHER BAR'S DOWNSIDE BREAKOUT. QUICK GET IN GET OUT TRADE. SHORT NOW TO TRENDLINE. FLAG PATTERN. "SMALL SOLDIERS STEPS BEFORE A WAR" AS I WOULD CALL IT. SL ABOVE 188.7. IF PRICE...
SEE CHART FOR FIB 127.2 EXTENSION AND TRENDLINE. TRENDLINE IS SIGNIFICANT, MANY FORCEFUL BOUNCES OFF THE TRENDLINE. SEE H4. H4 IM LOOKING TO SHORT THIS PAIR, BIG RR. UPON BREAK OF TRENDLINE.
Trouble top condition and completed bat pattern, potential 0.5 Fibo level mostly will happen during this week minimum stop loss at 185.738
UPDATE This pair did something most of us didn't expect it to do. So I consider this trade as invalid from this point of on. ----- It's about time to short this pair before going long. Chart speaks for itself, keep your risk and money managed. That's the most important part of the whole trading game ^_^
SHORTING NOW FOR GOOD 30 PIPS SL. BASIS FOR SHORTING IT IS SIMILAR TO MY PREVIOUS IDEA. THIS IS ALSO THE DEFINITION OF GETTING BACK AT THE MARKET. THIS IS MY SECOND ATTEMPT ON SHORTING THIS. PRICE HAS ALSO MET WITH RESISTANCE AT THE D1 SMA. THIS TRADE HAS GOOD RISK REWARD AS I WAS ABLE TO GET IN AT 177.95. NOT SAYING THAT THIS IS A SURE WIN TRADE. BUT I HAVE...