Trade Idea: Selling GBPJPY Reasoning: Selling into short term downtrend resistance Entry Level: 170.22 Take Profit Level: 168.02 Stop Loss: 170.74 Risk/Reward: 4.2/1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Trade Idea: Selling GBPJPY Reasoning: Resistance on the daily. Small top on the 60min. Entry Level: 161.15 Take Profit Level : 158.82 Stop Loss: 162.21 Risk/Reward: 2.2:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
Trade Idea: Selling GBPJPY Reasoning: GBPJPY rallied to a 78.6% Fibonacci level and the 20Day Volume point of control. Entry Level: 160.01 Take Profit Level: 156.78 Stop Loss: 156.78 Risk/Reward: 2.5:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of...
GBPJPY - Intraday - We look to Sell at 167.35 (stop at 168.30) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. The 200 day moving average should provide resistance at 167.30. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. We look...
Trade Idea: Selling GBPJPY Reasoning: Bearish channel to continue Entry Level: 165.76 Take Profit Level: 164.07 Stop Loss: 166.41 Risk/Reward: 2.57:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis ,...
Trade Idea: Selling GBPJPY Reasoning: Head and shoulders top on GBPJPY Entry Level: 164.15 Take Profit Level: 158.02 Stop Loss: 165.88 Risk/Reward: 9.46:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis...
Trade Idea: Selling GBPJPY Reasoning: Head and shoulders top on GBPJPY Entry Level: 164.88 Take Profit Level: 158.04 Stop Loss: 166.23 Risk/Reward: 5.09:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis...
GBPJPY - Intraday - We look to Sell at 162.50 (stop at 163.00) We are trading at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The 200 period moving average should provide resistance at 162.60. Preferred trade is to sell into rallies. Our profit targets will...
GBPJPY - Intraday - We look to Sell at 163.50 (stop at 164.40) We are trading at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The 200 day moving average should provide resistance at 163.29. We look to sell rallies. Our profit targets will be 160.90 and...
GBPJPY - Intraday - We look to Sell at 163.00 (stop at 163.90) We are trading at oversold extremes. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. Preferred trade is to sell into rallies. Our profit targets will be 160.40 and 158.70 Resistance: 162.15 / 163.70 / 165.60 Support: 160.60 / 158.70 /...
Trade Idea: Selling GBPJPY Reasoning : Rangebound in the short term. Looking for a move lower. Entry Level: 164.60 Take Profit Level: 161.82 Stop Loss: 165.20 Risk/Reward: 4.57:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading....
GBPJPY Intraday - We look to Buy at 162.20 (stop at 161.10) We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We look to buy dips. Our profit targets will be 165.40 and 168.40 Resistance: 165.40 / 168.40 / 171.90 Support: 162.00 / 158.65 / 155.60 Please be...
Trade Idea: Selling GBPJPY, Yen ready to rally? Reasoning: Yen about to reverse course? Entry Level: 167.34 Take Profit Level: 161.75 Stop Loss: 168.47 Risk/Reward: 4.4:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
GBPJPY – SPOT GBPJPY: Inside Bar Breakout 4-2-2022 Price Action: Price exploded higher from the Inside Bar Breakout Pattern that had formed, earlier this week (We suggested buying the breakout above that pattern in the February 2nd LTTTM Newsletter). The recent Bearish Fakey Setup, failed (We did not consider trading this setup and hopefully saved some of you...
Looking for buys on this one. Clear bullish momentum...
After a strong uptrend breakdown, GJ making LH & LL, looking for a potential short at 151.25 after price action confirmation. EURGBP still pushing towards 0.866 :
based on market pattern and trading with the direction of the trend I am shorting the GBPJPY momentum and indicators to the downside hitting a liquidity zone so market will be looking to capture the liquidity to the downside before reversing and moving upwards also M pattern forming - early entry
price has rejected neckline with a wick bar look for buy signals on lower tf or use stop under the wicks as seen. FINAL POST i promise haha enjoy and have a nice weekend everyone. Peace