Gj Reversal Zones

[bigbax699]

Quick update today on GBPJPY . Price is currently 150+ pips in profit from this position. It currently sits at the resistance zone that is vital to break through for us to reach TP zone. With the hammer formed on that last daily candle shows buying pressure. So hopefully we test this zone early this week and we can hope it break. If you followed then move SL into profit as it could fall from here back towards entry, which would be valid for re entry. GLIYF

 

[momo3HC]

Going good.

 

[bigbax699]

Good afternoon all. Update today is on our GBPJPY buy. We have had a clear break of the supply zone where price was stalling at. The daily candle should close above, I will be very surprised if it doesnt. We might then get a re-test of the broken level to find support for the next push, or we may not. But keep holding for now, currently 260 pips in profit. TP zone isn't too far away now. GLIYF

 

[Joshevans--]

Looks decent for a long. Trade with the trend!

 

[MoBest]

This trade is a pure confirmation of "The trend is your friend." quote.

 

[bigbax699]

Good morning all, new week begins. GBPJPY has virtually hit our TP projection zone so im calling to take profit on this position if you followed me. I took profit today at 350pips, not a bad return and a good way to start FEB off. ill wait for the next setup before entering again. Will watch how it reacts here at this zone then chart up the next idea. Hope you managed to catch it with me. Onto the next

 

[bigbax699]

Back onto our friend GJ today. Few days ago i advised to take profit as we we're virtually at TP zone and it looked to be rejecting, which shows to be a good decision. Looking for the next entry on this pair i can see a pullback happening here. It could turn at the support shelf below, or we could get a deeper re trace to the trend and longer term EMA's for a multiple confluence trade. GJ is still bullish for me, the average price for this pair is still low if you look through the past, so we still possibly have more upside potential. GLIYF

 

[Amina El Mehdi]

Slow but steady. I`m with you.

 

[bigbax699]

Last look at our friend GBPJPY there was two entries i was looking at. If you marked them out and then watched on the lower timeframes then you would of seen it reverse on the first setup zone. Should of been a pretty simple trade to take if you were looking for the buy. Currently 200 pips up on this position. We have a zone where price could stall at 146, which is the significant high we can see to the left. You could even take profit there and wait for a retest of the zone we have just pushed through. The trend is looking strong on GJ at the moment. GBP has gained alot of strength lately. But for now keep holding if you followed will update again in a few days. GLIYF

 

[Amina El Mehdi]

200 pips is good so i this was me i would lock SL level at this point.