Here is a potential buy setup. If you'd like to participate in this trade, please use proper risk management.
Price on the 4hr time frame it was on consolidation for a while on Friday 5/28/21.Also on the RSI it pass the 75 mark. This week coming up it will be a pull back and it will continue to be on the upside right after that.
I believe the price will jump and go up. Entry 151.673 Tp 153.851 Sl Open *I have already taken this trade and currently we are in the positive Please trade at your own risk
Price broke below major support retested it as resistance. Wait for price to break back into upper range and close there, confirming a fake out to the downside, enter a buy at break of 30m highs for continuation up.
I have charted up what I see on GBP/JPY. It looks to me like the previous high of this range was a 4HR institutional manipulation. This could have caused the large fall recently. I believe now that the pair is accumulating and institutions are beginning to take profits from their short positions and are allowing the price to return to the long range target of...
STRONG UPTREND ON 1D TF. EXPECTING PRICE TO RESTEST SUPPORT AREA FOR THE BUY CONTINUATION FIB LEVEL LINE UP - CLOSE TO SWEET SPOT LEVEL AT 61.8%
After a pullback on GJ ill be looking for a LONG position to take out these levels in the market. 🔹Disclaimer: This Chart set up is to be used for educational purposes only, this information is not a recommendation to BUY or SELL. 🔹Seek Professional Financial advice if you are going to invest or trade in the FX Market
In this analysis I saw that Gj came up and broke the level of resistance which is a good indication that we are going to create new highs and I have provided a target of 155 because that is a large psychological level ( a nice round number) also if you scroll back on the chart we can see it has clean range to that price which is a very nice indication that buys...
in a few weeks, we will reach the major resistance, by breaking it the new path for a long target will be available. be touching EMA 200 a good and strong floor was made and if the major resistance rejects the price down that floor is the most strong support after EMA 200.
GBPJPY Has been a great pair for is to trade on the LONG side over the past few months. Our CURRENCY HEAT MAP has kept us from selling any GBP. JPY has consistently given us a SELL BIAS and so pairing up these two majors good opportunities have been given every WEEK to BUY GBPJPY Check our previous ANALYSIS on this MAJOR & see how we did for yourself. We still...
Upside movement from price action, coming off support level.
GJ is currently still on an impressive impulse, which has extended a full cycle. I have two trend lines along with the last area of resistance marked on my chart, however if price does decide to depreciate it can do so and find support on any of the previous Fib levels. There will be some big news this week for the GBP so we may even see the start of a small...
I had previously Marked up GJ to go straight up however price consolidated a bit and turned into a now continuation flag. I almost got stopped out due to some wick action however we got that WAS (Wet Ass Stops) DWL. Lets see how it will play out
(forgot to save before publishing the last GBPJPY Long idea). Still, the same two positions, but adjusted. Both SMAs and EMA are underneath the candlesticks, therefore looking to do a Day Trade on GJ.