SwissPips 의 FX:GBPJPY 용 GBPJPY: Sell the pull-back, targeting 147.700

Hey guys,

I am opening a new idea about GBPJPY so that you can zoom out on the multi-timeframe charts. As you know I am seller of this pair at the moment.

I will wait a pullback and will sell it.

I will target 147.700 but it could potentially go lower.

Happy trading

Jesse

코멘트:

코멘트:

Is it me or Tradingview is currently super slow?

The above chart will be my plan for this currency.

코멘트:

It could be this level but need extra confirmation

액티브 트레이드

코멘트:

Opened my position because it looks like this level is not supported by buyers anymore.

volume is decreasing, sellers should be back soon

코멘트:

This pair is really crazy lol

Adding more to my shorts

Sell it high!

코멘트:

Keeping my short position

For me it is an agressive pullback nothing else

코멘트:

Very agressive pullback indeed but The downside should resume

코멘트:

It has decided to test this top cluster again but volumes are not in = going down again

코멘트:

Look at this b*tchy pin bar on m15

코멘트:

Ok now let’s hope it reaches target as fast as it went up crazy over the last hour

코멘트:

I mean who would dare buying this seeing m15 candle ? It’s a 30-pip pin bar

코멘트:

oh oh!

코멘트:

Maybe of neckline testing but it should now go down for good !

코멘트:

PATIENCE GUYS! :-)

Yes it could be H&S with parallel shoulders, but of course on M1 it's not as powerful as on H1 or H4

코멘트:

Off the screens for a while, I will update soon

코멘트:

Going down nicely, finally

b*tchy pair

코멘트:

must have caught a few bulls in its way

코멘트:

The pair is playing with our nerves but for me technically it is bearish.

Last update for the day, I have got a bad headache today

코멘트:

Sorry wrong copy paste

코멘트:

H4 H1 and M15 are showing the same thing FYI

코멘트:

Hi guys

Big news on Brexit’s agreement during the Asian session ! This has been interpreted by the market as positive and therefore changed the setup unexpectedly!

Since I did not put any SL I am still in this trade, I will watch what happens during the London session. My view is still bearish though.

I will watch if it bounces from previous resistance or not.

코멘트:

Still stuck in this F**** Trade.

We are at a resistance zone again.

For those complaining in PM keep in mind that I am not God. I have used exactly the same strategy as with my other trades.

I don’t use SL because I consider SL are manipulated by market makers, they know where they are placed and play with them.

If you see a few bars ago on H4 the setup was indeed very bearish.

Thanks for all your support

Back in a while
J

코멘트:

Quick update ***

For those still in this f* Trade

Shorts just woke up. I hope they do it for real now.

코멘트:

Guys just read that:

´The up-move ran out of steam near the very important 200-day SMA after the UK PM office dismissed the report and the UK PM Theresa May reaffirmed the same by saying that the UK will be leaving the customs union.´

코멘트:

This is why it is going back down

코멘트:

The news was about GBPUSD, for your information

코멘트:

Thanks for your positive comments, you guys are amazing!

I will detail probably this weekend my strategy. The goal is for you to share those setups in my idea posts whenever you see them and to bring as much as information/inputs as possible in order to take a trade or not.

I believe that the more people are focusing on an idea, the more it has a chance to succeed.

We will work on a selected pairs only, but I will explain this later on.

Cause in the end we are all here because trading is a passion. We are also here to make consistent profits and money.

Looking forward to starting this new adventure with you guys.

코멘트:

Rejection at fib level + top of the channel

The target now could be seen lower.

코멘트:

I have added two fib legs, and there is an interesting area for the target

Check this out guys

코멘트:

So 147.300 could be the new target guys

코멘트:

The strategy I will describe later on are based on trades which are open max. 1 or 2 days targeting 1 or 2 fib levels only, especially with volatile pairs.

코멘트:

I am about to go out a couple of hours.

It is really sunny in Geneva today (we've had a couple of days of heavy showers) so I will take advange of this wonderful weather :-)

Before I go check this out guys.

This is what happens when the pattern and the volumes are diverging.

Does that remind you of something?

코멘트:

I hope H4 stays the way it is now and doesn't want to and test the top of the channel again. But I doubt given the strong downside we've had over the last hour.

See you guys!!

코멘트:

On my phone right now. What a crazy f* pair !

Forming currently a potential hs on m15 but should not go higher

코멘트:

Let's see where it goes from here

코멘트:

Interesting point guys check this out

코멘트:

This pair is so manipulated, I hate it today

Re-testing the right shoulder !

코멘트:

COME ON BEARS !!!!!!!

코멘트:

Good news guys there is a divergence on short-term M5

and we have a possible HS formation as well.

코멘트:

Hs violated.

Let’s Hope it will hold and be a double top

코멘트:

Interesting

코멘트:

come on bears !!!! juste validate this lovely double top !!!

코멘트:

this is the only divergence in terms of volume which could TEND to say that bulls are maybe less agressive....

코멘트:

Similar scenario, the 9th of May.

on M1, OBV divergence look what happened

코멘트:

note that the divergence of these days is MUCH MORE important than the one I showed you previously.

Gosh how many posts for one and only idea? hahaha

코멘트:

Don't know why but I like the look of this hs pattern lol

Looks proper than the other one

코멘트:

If this HS pattern is valid we could have our reversal

코멘트:

As long as price doesn't go beyond the right shoulder this pattern is still valid

코멘트:

1 minute view

코멘트:

Currently watching this

코멘트:

Just broke my neckline aggressively

COME ON BEARS !!!!

코멘트:

Is yoyo time over ? Let's hope so !

코멘트:

Apparently not. What a f* pair

코멘트:

We'd better be rewarded for all this pain and patience LOL

코멘트:

Just got back in the pattern.

Expecting imminent downside otherwise the pattern is no longer valid........

코멘트:

Bearish divergence formed on H1

Looks like the smart money is ready to sell anytime soon....

코멘트:

For those of you who are PM me here is the reason why it is stuck at this level: we are at a fib retracement.

Expecting to go AT LEAST to the bottom of it very soon...

코멘트:

Guys what is the impact of CPI on this pair usually, I mean historically? It is super violent ?

I don't like having open positions while I am sleeping

코멘트:

I am expecting an imminent drop !

코멘트:

Would be great to have a lower low forming, it seems it has started

코멘트:

lower high* sorry

코멘트:

Making lower highs verrry slowly

코멘트:

H1: 4 pin bars in a row

코멘트:

It has maybe started....

코멘트:

Off til tomorrow.

Hope all goes well !

Good luck guys

Jesse

코멘트:

Last chart of the day!

코멘트:

3 resistances to break

The wedge has been broken to the downside

Bearish divergence

I can't see this bullish....

코멘트:

The targets are shown in the chart below.

If it has to drop hard, it's today !

코멘트:

Are you guys ready for the drop ??? :-)

Happy friday

코멘트:

The slope of the wedge is nearly vertical, suggesting the drop is gonna be sharp

코멘트:

I have updated the chart according to my strategy. This will be discussed and used soon.

코멘트:

Testing the bottom of the wedge. Should not go higher

코멘트:

Ready to drop, I have added some shorts

코멘트:

*yawn*

코멘트:

If you check historically this pair usually likes to wake up a bit later than other pairs at around 10.30/11.00 Paris Time, so in about 15 / 45 Minutes. Let’s make another coffee

코멘트:

retest of the retest

Come on ! Neef some excitement for the last day of trading!

코멘트:

Need*

코멘트:

My forecast: a drop in max. 15 minutes. Post yours!

코멘트:

Manipulation manipulation. Anyone influent on Twitter to spread a rumor on GBP? hahaha just kidding..!!!

코멘트:

The countdown has started. 10 minutes to go

코멘트:

OMG I'm becoming nuts. How can I work with this sh* lol

코멘트:

I am currently like a kid in front of a big cotton-candy

코멘트:

I m not adding more shorts from here keeping my current positions. Patience is now key but support was broken.

Enjoy your day / afternoon/ evening!

코멘트:

149.800 being a new resistance

코멘트:

Europeans sucked this morning, counting on the americans to do the job :-)

코멘트:

are you guys also off this Monday?

코멘트:

The game has started guys

코멘트:

Let’s hope now it goes down fast and does not create any sort of pattern inside the pattern until it reaches our target :-)

코멘트:

Ok now it’s Time to relax !:-)

코멘트:

Next week we will work on our entries, need to master them! Back in a while

코멘트:

Has room to go all the way down to 145, remember what did EUR/AUD (check the idea if you haven't yet).

But my target will be one fib higher, as shown

코멘트:

Guys, hopefully it will go and test the bottom of the channel which is also a fib level.

I will therefore target this area FIRST. Wait for a pullback and short it again.

But my first target will be around 148.50 which is a confluence zone (channel+fib level). The fib level comes from the bigger structure on the left as shown.

코멘트:

I meant today* obviously. Final target unchanged !

코멘트:

A little Zoom

코멘트:

Closing your position at around 148.50 is the safer solution because a pullback will occur at this area.

Let's hope it goes all the way down within the next couple of hours!

코멘트:

I think it could touch this level by tonight.

It would be already a very nice profit and happy to book it in my account ! :-)

We should divide this long trade in two steps IMO...

코멘트:

I think it's gonna make it guys, bears are being quite agressive lol

would be a wonderful end of week !

코멘트:

This is what happened a few days ago when price was at the top of the channel and went down, just as today.

Look how many hours it took to go from north to south.

4 hours !!

The exact same story could repeat again today

코멘트:

Pulling back before going down again.

코멘트:

Volume on m5 and m15 bearish the downside is resuming

코멘트:

M5: Price just broke the flag

코멘트:

It could be a channel and not a flag..... in this case i doubt we will make it today.....

코멘트:

M5: Making lower highs. About to break down

코멘트:

Can’t show you the pattern I am at the gym ! Lol

It’s a nice triangle, we are soon going down again

코멘트:

Approaching the apex !!

코멘트:

Meaning it should be explosive again

코멘트:

In the Apex zone (termination of the pattern) price has no choice than to go down

코멘트:

It should be in a couple of Minutes the pattern is nearly at its end

코멘트:

This support should technically break....

코멘트:

Price is not respecting the pattern... wait and see then

코멘트:

Channel... the resistance of 149.270 shows bearish volume on m15 and m5. It should hold

코멘트:

It’s a channel and supposed to be a continuation pattern. I will see what happens around resistance zone, we could have a false breakout.

Depending on that I will book partial profits and let trade run until next week.

코멘트:

Looks like a false breakout

코멘트:

For me the picture is clear....

But I am afraid we will not have time to get to our target, it's Friday night and people have something else to do than to kill this pair LOL

It should go down, let's see if it breaks the channel or not. I think it might just go up and down until the end of the session.

I will maybe book my profits, because I don't wanna get killed with the weekend spread.

I might get back in on Monday...

And you?

코멘트:

weekend swap sorry *

코멘트:

If you guys find the content of my posts interesting, please like my ideas. Thank you !!

코멘트:

This is to explain how powerful the pitchfork can be.

It has been applied to last week's winning trade on EUR/AUD. Check this out guys

코멘트:

Last example with GBPNZD.

코멘트:

Sorry, this chart replaces the previous one.

Use it, you will get amazing results !

코멘트:

More updates tomorrow at London's opening.

Enjoy your sunday guys!!

코멘트:

Hi guys

I have got a nasty cold today so won’t publish as much as usual.

Anyways do not hesitate to interact in the comment section.

My target is unchanged to 147.70.
Jesse

코멘트:

Are you guys gonna play it all they way down to the bottom of the pitchfork or playing a potential rebound at the support line?

I still don't know I am waiting to see if we have a strong bearish candle which breaks the pattern or not. If it's hesitating I will close the trade at the support line and will short again if it goes up to my target.

코멘트:

This is my plan.

Going back to bed...

코멘트:

WIll monitor the trade since we are close to T1

코멘트:

Currently trading at a fib level

코멘트:

The bigger picture

코멘트:

OK guys, the fact that we have a potential HS on H1 and H4 made me adjust my pitchfork. I will post it in a couple of minutes but it looks like price could go and test the median line. As you may know, the median line acts like a magnet.

코멘트:

We have on H4 and H1 bearish divergence with volumes (price is going up volume not)
If you look at ABC on my chart price have always been pushed down to the median line
We have potential H&S pattern on H1 and H4

In this case, the target could be lowered at 147.00 which is the median line level

코멘트:

we actually had the same scenario with two of my calls on EUR/AUD

One was from the top to the median line
and one was from below the median line to the bottom

코멘트:

Daily view

코멘트:

Off for a while

코멘트:

ZzzzZzZzZ

코멘트:

4'000 views, I think it's a record for one of my ideas !!

코멘트:

Ready to droooooooop

코멘트:

I mean... well....

코멘트:

Boring. I will let the trade run. We are close to the trend line I am expecting the pair to break it....

코멘트:

Bears need to push it down agressively. Otherwise it can still go back and forth

코멘트:

OK I have analyzed volumes and they are not increasing. so here's my plan:

When we will get close to the trend line, IF WE BREAK IT, we need to see strong volume.

If I don't see a spike in volume, I will close the trade, wait for a pullback and short again.

Because if no strong volume = not enough power to pull it down.

코멘트:

here = at the support line

코멘트:

Very nice engulfing on H4

I will k eep the trade but will maybe close it before the asian session.

Because the structure (bearish flag) will be tested, I am pretty sure.

But since we have a bearish engulfing candle it could go lower so I will take my profit in max. 4 hours

코멘트:

hopefully it goes to the next fib lower in the next 4 hours

코멘트:

I don't see bullish divergence on M5, M15 or M30 so for me it's still a short

코멘트:

Price should re-test the support again.

If I see bullish volume I will close the trade, otherwise will let it run until next fib level

코멘트:

Still no divergence on m1, m5 and m15 with price.

It should go lower

코멘트:

PB soon over.

Either will rebound from former support or break below

코멘트:

strong divergence on M1

코멘트:

still in the trade

코멘트:

ok guys, last update for the day !

Since we will enter the asian session with no major news I will target the fib level at around 148.670.

If I get the chance to close the trade I will re-enter tomorrow.

Have a good evening/night !

Jesse

코멘트:

Will even target 148.500, it's a psychological number and it has been reached many times in the past (see my chart).

Good night!!!

코멘트:

What a nightmare to trade this pair over the last days....

Since I am stuck with this pair and that we are expecting volatility I am moving my TP to 148.200.

It's a swing low and an important fibonacci retracement from the top.

Good luck guys

코멘트:

NEW TARGET: 148.200

코멘트:

This swing high shows a contraction in terms of volume in M15 and M5 suggesting price could fall from here

코멘트:

ok guys, everything is explained in my below chart.

Probably one of the last posts regarding this idea!

Best

코멘트:

very nice drop.

The pair should pullback and drop more, my target is 148.200

코멘트:

will add to my shorts at the level highlighted in blue

코멘트:

Volume on ST suggests PB is on

코멘트:

now let's see where it goes ideally not more than 23 or 38 %

코멘트:

Ok PB means coffee time :-)

코멘트:

Looks like the pair wants to re-test the neckline of the H&S pattern which is also a fib level. I don't think it will go and test 61.8% level because it's too high.

I will place my shorts on 31.8 and 50 levels

코멘트:

PB is not over yet

코멘트:

OK looks like the PB is over. I hope you guys placed the orders according to the fib levels. Now it looks like serious things can start :-) Looks like bears are nervous!

코멘트:

The volume trend (bullish until now for the session) has been broken to the downside