Gjlong
GBPJPY BULLISH ANALAYSISI 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 what you guys think by leaving a comment and we can learn to master the markets together.
GBPJPY LONGFX:GBPJPY Price still uptrend in bigger time-frame. This also combined with multiple time-frame from bigger time-frame (monthly tf) to the lowest possible. BUY in the buy GREEN ZONE . Find your own take profit target.
I do not take responsible for any of your losses. Trade at your own risk, TAYOR!
published on 3rd September 2020
Flat correction B wave ( ABCDE) is doneGJ ni 2 sarin hugtsand togtvortoi usuj Motive 1, 2, 3(12345) wave uusgsn ba suuliin 2 doloo hongiin hugtsaand sideway hudulsun n FLAT correction buyu A, B(ABCDE) uusgsen ba odo C correction wave ehelj bh magadlaltai bn. Herev endes wave magadlal biylvel motive (3) r wave iin 38,2 , 50.0% hurtel unalt urgeljleh bolomjtoi buguud ter tseguudes deeshe huchte urt hugtsani usult hiih bolno.
GJ IS IN A MAJOR ZONE RIGHT NOW!! I predict major bullish movements on the Pound Yen, possibly before the market closes. I've identified a Ascending Triangle on the daily Time-frame. Price is currently testing its resistance, while moving closer to Daily resistance. I think a retest of Daily resistance isn't far off. The Daily resistance is in GBPJPYs grasp. My profit level is indicated on the chart. Thanks for reviewing. POST YOUR COMMENTS BELOW. WE APPRECIATE ALL OF THEM
THE BULLS ARE NOT GONE YET!!I'm sensing strong bullish pressure from the Daily Time-frame. Indicated to the left of the chart is a MA crossover between my Exponential & Weighted Moving Averages. Price recently bounced off of Daily Support towards the end of June. I expect the signal EMA to make a potential crossover with the 200 EMA.
(Orange Line) If that occurs i predict price movements towards Daily Resistance.
Comment below your analysis of GJ
So I Made A Youtube Video Here is my prediction for GBPJPY for this week, with the UK economy set to open later on this week, i believe the market will move itself higher in order to kickstart a uptrend before next week when the UK economy will be in full flow.
However before rising i do feel that GJ will touch/kiss 131.500 before then shooting back up to 133.000. This will be a good pair to watch this week, but this may also be said for the GBP pairs throughout this week.
In order to find my youtube video, simply type in SJFXT on youtube and you will see my channel as to where i explain my strategies and how i use them.
GBPJPY LONG, waiting for retest, sign of strengthsGJ has made higher lows, a classic set up of finding strength in the price.
All we have to do is wait for it to break the trend line and previous resistance.
Can either breakout trade or wait for retest, depends on the next coming candle if it has a long momentum candle with large body.
If it ever the price bounced off the resistance or trendline, and breaks off support too, will now find short opportunities.