Blog  gbpjpy

June 19, 2019 | 12:27

Serious Confluence Indicates – GBP/JPY going for a Technical Correction Wednesday  19/06/2019 Yesterday’s 1D chart, the candle has ended as a Pinbar pattern. The Pinbar candlestick pattern is a reversal pattern and is a very reliable pattern to use amongst forex traders. Today, this GBP/JPY pair is in a downtrend of almost 1000 pips and […]

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January 23, 2019 | 15:37

As we can see, the GBPJPY is in bullish momentum for now and it looks like nothing can stop the price from reaching the supply above, the demand below seems like a great level to Join this bullish momentum, I’ll buy at this demand if the price retrace that level and my target will be […]

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January 4, 2019 | 09:26

2 days ago, all the JPY pairs  drop down very fast and strong diving which create for in all of them a fresh new supply above, I decided to analyze the GBPJPY because his price action Picture is the clearest for me, also this pair have the best Risk Reward potential, as we can see on the […]

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November 19, 2018 | 10:30

As a price action forex trader, I’ll wait for the price to break the resistance zone I marked on the chart, if the price will break the resistance zone it indicates the price on his way to Reach the next critical level which is the supply above, I won’t buy immediately at the breakout, but I’ll look […]

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October 28, 2018 | 13:49

For the short terms, the GBPJPY has just changed his momentum to bullish. The price did it with a pattern called Quasimodo, the demand below is the Quasimodo level and it’s a great one for buy position, the target for this position will be the supply above, Which is also a  great level for sell […]

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October 2, 2018 | 15:14

For the long terms, GBPJPY seems like just recently changed his momentum to bearish. There is a high probability that the price on his way to reach the demand below, I’m waiting for the price At the supply above to sell and join him on his way until the demand below, I hope the price will […]

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The 5%ers' Blog
August 2, 2018 | 13:23

The GBPJPY is bearish at the moment in all time frames. It seems the price is on his way to reach 144.70 zones. The supply above is a great continuation level to join this Bearish momentum, if the price retraces that supply I’ll sell there. My final target will be 144.70 zones. The5%ers Proprietary Trading […]

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July 25, 2018 | 10:53

The GBPJPY is still bearish at the moment. If the price will breakout the confirmation level it indicates The price tends to reach the supply above, in that case, I’ll look For a P”A setup of buy position, my target will be the supply above, Which is also a great level of sell position, both are […]

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June 28, 2018 | 10:17

For the long-term GBPJPY is bearish, The are 2 key levels i marked to look for a position, The demand below can be a great level for reversal position, I’ll wait there to buy, the supply above is a great continuation level Of sell position, i’ll wait there to sell. The5%ers Proprietary Trading Fund will double […]

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June 24, 2018 | 10:35

GBPJPY has created a great demand below, This demand is what we called Drop Base Rally, it is a very Strong level of buy position, I’ll buy at this demand if the retrace That level, it can be a great day trade or a swing position also, For swing position, the target will be 148.70. […]

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