Selling once i see a nice candle breaking 1.17163 but there could be a potential bullish scalp forming E wave if momentum breaks through 23% fib lvl . Either way, a very nice short play coming when patient and trading at the right entry.
Hello Traders, Back with another review! We are looking at yens overall for potential reversal with eyes on GJ. Should price remain below May monthly high 163.800-164.00 zone We could see more downside correction to the 157 price zone. this could take a few days or more. Otherwise, above 164.200 no short trade. As always, only trade what you're...
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....
looking for GJ to retest a bit for any sell trades. confluence; retest to 151.000 number matched with s/r zone touch the 0.382 fib and a trend line touch the 200 ma price action on that zone for any trade entry on 15m and as always trading with the big trend.
Price has shown a strong rejection from the high and printing a good bearish candle signaling sellers in the market. Taking price to previous lows + around the 156.00 level. Possible start of downtrend.
Price has been bullish for the past 6 days and looking to test a daily supply zone from June 16th and previous days in June, possibly testing higher. I'm a seller by nature so I'm looking for price to show STRONG bearish candle to trigger sellers in the market long term. Rsi is overbought and attempting to retest highs. A minor rejection at 155.25. Don't think...
Sell idea of GJ as it approaches the Previous resistance on the monthly and weekly
I drew the trend lines, support and resistance last week and caught some pips down. Still learning to trust my analysis. But this is what i have in mind for this week. I'm in this trade at the moment for a 30 pip SL and around 60-90 pip TP. Once I hit TP 1 I will move my SL to break even. If there is consolidation after TP one i may close for profits. Let me know...
Look for confirmations Buy moves 1.Break and retest 2.Higher lows forming 3.Hourly price increases 4.Stop lose adjusted according to setup formed
Wait for the price to come back to my 0.5~0.618 fib zone, which act as a support also ! as soon as price show any rejection , go long !
GJ Outlook Monthly Bullish Weekly Bullish Daily Bullish Will be looking for buys till Target. If you have any comments ,please let me know your take.I'm still new
We had the manipulation move during the asian session - ofcourse fundamental news this morning during London open saw bullish momentum forr GBP . Now 133.5 has a strong support. 3 x trades 0.10 @ 133.35 0.10 @ 133.52 pending buy when price has confirmed and we have banked some pips @ 0.10 lots This is a swing for us so minimal drawdown will occur.
agressive bullish trendline, next week im waiting GJ to touch 1.36.300
FX:GBPJPY the pair is brutal and beside all the good bullish signals, the brexit news can hit hard anytime so trade with caution