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GBP/JPY

Quoting chrisyuto
I am taking short 132.10 sl 132.44
sl hit -34..
live your life heartfully..
Quoting chrisyuto
{quote} sl hit -34..
Very tight SL.

Should give more room for a pair like GJ.
Seems rising wedge has finally been broken on H4. Looking at a drop to 131
Never let success get to your head because the market will punish you
Quoting abhilash
Couldn't control my itchy finger. Sold GJ @132.30 . TP open.
Closed for +10.

Strong rejection from 4hr Trendline.

Looking at the weekly candles, looks like bulls are accumulating.

Will take fresh setup next week.
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Rising wedge on H4. Which side will you go?
Never let success get to your head because the market will punish you
I am long with Tight SL
WARNING: This post warps space and time in its vicinity.
On a boat for long SL 132, why not
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GJ is breaking the up trend but it still didn't close candle below

I think its a fake break and should go up again

I bought GBPUSD now at 1.2300 and GJ I think 131.70 will provide good support
Quoting reggiecjh
{image} Rising wedge on H4. Which side will you go?
H4 candle closed down w no wick. Safe to say we have a breakout!
Never let success get to your head because the market will punish you
Quoting reggiecjh
{quote} H4 candle closed down w no wick. Safe to say we have a breakout!
its a trap and fake break

I will only believe it if GJ go lower than 130.66
neckline still supporting
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What a great move. TP near to hitting now. Trade Safe.
WARNING: This post warps space and time in its vicinity.
Madness. What strong rejection on fibo 61.8 (132.50)
Never let success get to your head because the market will punish you
I closed my attempt to ride further than should, figured the whiskey bottle gained for not letting it hit the stop over the WE would be a better investment.
Monthly - A bearish close but with a wick to the downside, a sign of bears weakening.
Weekly - We have a weekly candle close back above 132.00 level, bullish sign.
Daily - We have a daily close atlast above 132.75 area after being rejected 3 times.

Will be watching PA to see if the 132.75 area will be support now and then look for longs, if price falls below this area and then becomes resistance, I will be looking for shorts.
Trade what you see, not what you think.
Quoting karmostaji
Monthly - A bearish close but with a wick to the downside, a sign of bears weakening. Weekly - We have a weekly candle close back above 132.00 level, bullish sign. Daily - We have a daily close atlast above 132.75 area after being rejected 3 times. Will be watching PA to see if the 132.75 area will be support now and then look for longs, if price falls below this area and then becomes resistance, I will be looking for shorts.
Next resistance area on my chart is 133.50 to 133.75 and price has ran straight into that and been rejected, might be looking to short if it fails another attempt of breaking it.
Trade what you see, not what you think.
Quoting karmostaji
{quote} Next resistance area on my chart is 133.50 to 133.75 and price has ran straight into that and been rejected, might be looking to short if it fails another attempt of breaking it.
Rejected my shorts are in... let's see where this takes us
Trade what you see, not what you think.
Hey guys got a possible pattern repeat heading for a short on gbp/jpy daily candles, tell me what you think.
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Quoting karmostaji
{quote} Rejected my shorts are in... let's see where this takes us
Got stopped out at 133.75...
Trade what you see, not what you think.
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