based on my analysis there is a high probability of GJ continuing bullish. my technical confluences; the bigger trend is bullish on the daily. price is making structure and broke the previous support and resistance on the 4h and its trending above both ema's which indicates a strong bullish trend. then I went to the 1h for an entry signal. I got in into this trade...
Price is still bullish and rallied today 100+ pips. Support was found at 160.50 level. Possible rejection around 162.50 if price wants to push higher towards the previous supply zone. I'm personally looking for sells. Looking for a strong bearish candle to break 50 ma. There's money on both sides but if price doesn't break the 162.50 level I feel sellers will...
By looking at the price action, its easy to see that the pair has been moving in a bearish direction for serval days. Current price action suggests that we might be in for a short term bullish correction. We have spotted the formation of an inverse head and shoulder pattern on the Daily chart and when we move to the H4 time frame, this pattern is more clearer....
This is good area to buy and reach to 155.2 good luck
GJ Trade Update Moved into profits almost immediately we have to be extra patient when trading during these hours.
Hello Again Everyone hope you are well. I identefied this smaller TF set up on a major break of a horizontal PA line. We have clearly broken below, this would be considered a slightly higher risk setup however I think it has some strong potential. We could see a test of the wicks below and a small fakeout so as always trade with caution and happy Pippin'
short idea to reach bearish movement to 149 Good luck
Gj is moving to strong support. Bearish trend Best of luck
Gbpjpy get bullish after break out strong resistance and uppertrendline.
In this trade idea I am going to be speaking about GJ continuing up to retest the incredibly strong resistance up at 157.700. What I am have a look at. 1. Gj has had a pull back and is no trending up wards. 2. London open volume 10:30 gmt2 3 Resistance turn in to demand at 156.200 4. The four hour high has been broken.
Am I the only one that sees it? The pair has just created a head and shoulders on the 4H chart at the 154.00 support. Please share your opinions in the comments down below. My target is at 155.500😜🔥💰 #LETSGO!! Secure the bag! ✨🤑📈💰💰💰🔥🔥
See chart for details! This is a non correlating pair to the other trades I'm placing. This trade is going to be at 1% risk.
Nice little long position here explained on the chart. ChoCH created and GJ came down and cleared Sell side Liqudity hopefully aiming for top Supply zone if we can break the first. 8RR.
Looking for price to play into the POI after that nice ChoCH and then moving up into the higher POI from here during tonight's London Session. Targeting OLD POI. #NFA
The market been hazy lately, but most predict that GJ is heading to 155.0 again. What do you guys say? Is it done ranging?? Or we might see it continue? 🐱🏍🐻✔😜💰🔥💰🔥💰💰 LET'S GO!!! Secure the bag! 💰💰💰💰🔥🔥🤑🤑
Reason for a buy base on price action and strong buy momentum.
Price is bullish..waiting for small retracement on lower TF before we climb up..trade saafe and be Blessed..
Overall trend in W,D is still bearish . as the last friday sell off was huge there is chance for price to retrace back and clear the supply area orders resting above.