Gbpjpysell
FOLLOW ME: GBP/JPY SHORT OpportunityGBP/JPY is currently at the top of a bullish channel and it appears that it's time to short (at least in the short-term) or at the very least it's time to exit longs and wait for re-entry.
Check out my other GBP posts that should be up within the next few minutes. They are showing the same thing!
COLOR KEY (which time frame each markup is based on):
RED - Monthly
ORANGE - Weeky
GREEN - Daily
AQUA BLUE - 4H
PINK - 1HLIGHT BLUE - 15M
PURPLE - 5M
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GBPJPY - Sell NowGBPJPY was touched the upper level trend line and drawn trend line shows you higher lows which is a down trend according to the 1H chart and hope price will be retrace from there to down. There is a resistance at 132.074 as well. RSI shows whenever price hit (when its come from down to up and turn) 57.79 and shows movement is turning to down wards.
TP's and SL is up to you.
Note: Trade at your own risk and this is not involved any fundamentals.
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turningpointfx.com
GBPJPY - FOREX - 12. SEPT. 2019Welcome to our weekly trade setup ( GBPJPY )!
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1 HOUR
Bullish market slowing down.
4 HOUR
Bullish moving market found its resistance and need a pullback.
DAILY
Market preparing for next strong moves, higher chance to drop then rise.
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FOREX SETUP
SELL GBPJPY
ENTRY @ 132.790
SL @ 134.780 (200 Pips)
TP @ 129.430 (330 Pips)
RR: 1.70
Use 1%-2% risk per Position!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
GBPJPY Setup: Buy Or Sell Are Both Equally PossibleHi there. I'm looking at possible Bullish move for GBPJPY 4H. It seems like Triple Bottom pattern and price could try to break the neckline (upper black line). If it does, then we can see a Bullish movement from there. Price is currently at Weekly Support.
I'd BUY if it breaks the top black line. It still needs confirmation. Tomorrow got GDP data release on GBP so please be careful as it will give an impact to GBPJPY.
TAYOR and all the best traders!
KHALID HAMID
Potencial Venta +120 pipsNOTA: El análisis anterior de GBPJPY donde perseguiamos solo +60 pips, se dio con éxito hasta los +70 pips (actualmente). Éxitos a quienes tomaron la entrada!
Actualmente, nos encontramos en un retroceso ascendente de aproximadamente 30 pips. (No operaremos éste retroceso; Solo le mantendremos el seguimiento hasta que se cumpla.) 134.985/135.315.
Una vez terminado el retroceso, ser paciente y esperar entrada a venta en la gráfica (posiblemente se crea un pull back). Al salir de la zona de Liquidez abrimos la venta oficialmente.
Entrada: 135.108
TP1: 134.823 +30 pips
TP2: 134.261 +90 pips
TP3: 133.922 +120 pips
NOTA IMPORTANTE: Luego de obtener nuestro TP3 mantener seguimiento a la acción del precio, ya que nos encontramos cerca de un punto máximo, el cuál sumaría unos +100 pips a lo que actualmente especulamos. En total, tendríamos una venta Aproximadamente +230 pips.
SELL AFTER PULLBACK FOR GBPJPY We saw this pair break bearish yesterday and break the trend line i have plotted. You can see price broke below that and retraced at support. Price is currently at 50% of that bearish breakout. We MAY see price break lower as divergence is also evident. Having said that, we may see price retest that trend line before a potential bearish move. If price re tests the trend line and moves bearish, our take profit will be adjusted accordingly.
Entry - grey price level
Stop loss - red price level
Take profit - green price level
Risk management - 1% risked on trade
Risk to reward 1:2
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