A glimpse of the GBPJPY in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
up trend on longer time frame so we look to buy on 15 minutes time frame.
based on my strategy there will be another drop for GJ soon specially if closed below 196.863 (1hr) Heikin Ashi candle .
The pullback that occurred after the rapid rise reached the 50% retracement level. EURUSD is near the upper boundary of the channel. We think that the chart will continue the pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Bias is for a buy. Price retested my 1HR trendline as support for a third time on Monday at the 194.32 level. The next move I see is carrying price to the last area of resistance at 199.541 Wait for break & retest of structure at 197.342 level to confirm. Hold to 199.541
After price confirmed a down trend last two weeks, price retraced to liquidity while respecting the trend line so from here onward I expect GJ to fall through.
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This would be the next slide of the GBPJPY Journey which started with a simple Mind posted, evolving into the next idea with the next steps. The previous 2 snapshots provided a very clear bias (the short followed by the long), but now I find myself in the situation where I am looking for 2 potential scenarios which I would consider to be intriguing if the price...
In the world of trading, liquidity refers to the ease with which an asset can be bought or sold without significantly affecting its price. When a particular price level is tested multiple times, it indicates that there's a significant amount of buying and selling interest at that level. This creates what we call a liquidity zone - a sort of hotspot for trading...
GBP/JPY Analysis Hits the Mark, But a Few Pips Remain: Exciting News to Share! Hey Traders! 📈🔍 Our analysis on GBP/JPY has been spot-on, leading us to some impressive gains. 🎯💰 However, there's still some potential left on the table - a few pips that could make all the difference. 🚀💼 It's an exciting time to be in the market, and I couldn't wait to share this...
the idea shows a bearish movementfor the geppy, projection of one standard deviation from the manipulatio high.
Hello,Friends! We are targeting the 195.697 level area with our long trade on GBP/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
It is expected that the current bullish wave will end at the resistance levels and then a corrective trend will be formed. The price above the trend line is then expected to provide consolidation support. Ignoring all corrections, the price has entered a long-term uptrend
trying to post asap, but i think this is pretty ok trade
Price broke above monthly zone and has clear space to push up to next monthly high at 214.000. Watch for bottom wick rejection at zone for entry to push up to next level
OANDA:GBPUSD this is support and you can buy and the target is red box inshallah we make profit today
Price has been trending upwards and correcting a few times in the previous quarter yet we still bias on an uptrend because of the recent flip in resistance to support