Explanation: (SHORT) 1. Break of trendline 2. Moving in a range at resistance zone. 3. Possible break to the downside. Enjoy your weekend and trade safely!
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...
GBPJPY Going short on lower Timeframes, we have Relatively Equal Highs institutions will sweep and take out Buy stops. Once taken out Sellside Liquidity resides, Institutes will take price down to Imbalanced, OB.
OK so market spoke for itself and we see a break towards down side, so based on analysis there is divergence on daily TF (heavy signal) followed up with 4hr & 1HR divergence thats its been forming this diveregence is happening on resistance levels right now. We have our break on the 10min which we waited patiently for, most likely this trade wont take effect...
Entry 160.020 SHort call On GJ provided by Resistance and support And 50% levels Stop loss 160.565 Target Price 156.927
I see a short based on daily bat harmonic, plenty of pips to be caught. Let me know what you guys think. I believe GJ will eventually make its way to D point, potential to even try support below it before going long. Critique and Comments welcomed!
GJ Is moving towards to its Supply Area, This week we can either see a reverse from its supply area or its makes a new High this week ! Structure is completely Bullish right now, So we can take a Sell from its Supply Area. SL is 66 pips so manage your RR according to your Account Balance. Good Luck for the week !
This is good area to buy and reach to 155.2 good luck
SELL at 157.250 TP at 150.250 700 pips Almost There! Based on previous idea, I sell at the top. Double Bottom Pattern at H4 timeframe. Sell at Neckline & Engulf sell. 157.250 Hope you doing great!
I noticed something during the Valentines day at 14 Feb. Price already show Double Top Pattern & Engulf Sell . So I sell at 157.25 and add a layer entry sell at 156.95 . TP 1 at 155.40, TP 2 at 153.55. Follow the trend, I sell at 155.00 and reentry at 155.00 after the corrections. TP 1 at 153.40,TP 2 at 151.50. Now i entry Sell at 152.900 . TP 1 at...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE POUND / YEN * A beautiful break below the support level triggers this trade, we saw a breakout of an ascending channel that saw significant momentum toward the downside. - Short term the pair looking for a momentum continuation possibly signaling a strong...
short idea to reach bearish movement to 149 Good luck
Gj is moving to strong support. Bearish trend Best of luck
Still expecting price to drop considering the impulse we saw pushing price to 154 area. Although I expect some sort of pullback before we see another impulse downwards
From the Daily all the way to the 15 Minute timeframe GBPJPY is bearish. at this point trend is our friend, we are currently trading under my 8 EMA which also is a confluence to my analysis. previous lower high was just broken with the precious one hour candle that just opened which could be a possibility we see GJ continue down to the 155.200 level . * simply...
Price currently creating potential double top at 156.500 level – waiting for candle closure. Not sure if it is going all the way to the bottom long term but I will see how price react around 155.200 and then 154.000. I'll be bullish if price break 156.500 and retest for a continuation.
Top down analysis done from the Daily to H1 and based on the perception that daily has made a pulback from the bearish move and with continue bearish after this move. Entry done on the lower TF. Very aggressive SL. More conservative and safer would be around 154.970.
We are at a major level of resistance where I am looking to see sellers take the lead. Let see how it goes, share your thoughts.