GBPJPY is already making HH and HL and is in good bullish trend. We found a Bullish Flag near new HH which is a sign of Trend Continuation as it has shown No Divergence. If it breaks it's HH, our Buy Stop order will be triggered automatically.
Here is an analysis of the chart: Overall Trend: Since March 2020, GBP/JPY has been in an uptrend, with higher highs and higher lows. However, the price has been trading within a range between the support level at around 141.00 and the resistance level at around 154.00 since October 2020. Moving Averages: The 50-day and 200-day moving averages are both sloping...
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
hi traders price is almost sweeping liquidty and intends to make choch in h4 im taking sell from 164.000 and price is likely to go till 161.00
Can go down now, or go up to the second line. This is not financial advice
Another level of importane for GJ. Possible correction It might be the 4th touch of the Trendline and if it respect it as well as the resistance it can provide good pips.
Trade Analysis Based Around Market Liquidity We have a potential wave setup forming on GBPJPY. Leg one formation from 164.085 to 161.922 which is the trigger point of wave B. If we see wave B form which is selling pressure from current market price down to 163.465 (our entry point) we will begin adding our buy positions on the asset and take half profit from...
there is a strong level of support, whereby it's accompanied by a descending trend line. We also see that the price keeps failing to break our price of 122.142. Price has eventually broken our resistant trend line, retesting it, and making it a supporting trend line. Expected price to still Move up. This is an example of a " Barrier entry "
good area for searching for sell confirm also it can go uper to orderblock (red arrow) but tis is a good setup good luck ;)
Price has so far made consistent higher high and higher low pattern throughout today's session. It's like the bears just gave up and let the bulls plow through. While seems to be a positive development for traders on the long side, it should also serve as a warning. Never be complacent as tides can change when you least expect. Bears lurking around. More bank...
Hello Traders and welcome back again. Just got into a buy position because over a strong bullish market structure and some indicators to get more confirmations in. 1:5 risk ratio guys.
2 strong liquidities are taken in 162 - 162.5 sell setups are suitable now, targets could be close to other liquidities around 161.8 - 161.55
Bulls continue to dominate today's session. Price has been making series of higher highs and higher lows. It will continue to do so until bears make their presence felt at around 162.75 to 163.30, 164.15 and 166.00. Any compression at these levels may actually be an opportunity to short.
Disclaimer: Please remember I am not a signal service. All trade ideas and analyses shared are only my views on the markets. BEFORE OPENING YOUR TRADE: - Remember risk management is 1-2% of your capital - Take profit of your position partially. Don’t let your profits disappear - Don't open too many orders at the same time - Be patient - Don't be so greedy -...
Disclaimer: Please remember I am not a signal service. All trade ideas and analyses shared are only my views on the markets. BEFORE OPENING YOUR TRADE: - Remember risk management is 1-2% of your capital - Take profit of your position partially. Don’t let your profits disappear - Don't open too many orders at the same time - Be patient - Don't be so greedy -...
The price perfectly fulfills my last idea and it went down from main resistance and hit the target. The market is heading toward the main resistance zone at 163.000. The price formed complex pullback in the upward channel. I think that most likely, the price will reject the main resistance. I am waiting for the price bounce off the resistance and fall. My goal is...