Daily Market Update: GBPJPY & GER40 – Apr 1st, 2025

NOTE: This market newsletter is based on analysis conducted using the daily chart timeframe. Each market discussed is accompanied by a corresponding price chart for clarity and reference.

GBPJPY: Buying On Retracement Lower To Within The Range Of Bullish Fakeout + Long-Tailed Pin Bar Setup

Comments: Price formed a Giant Bullish Fakeout + Long-Tailed Pin Bar Setup overnight. 

Potential Trade Signal: We are looking to buy on a retracement lower to within the range of the current Giant Bullish Fakeout + Long-Tailed Pin Bar Setup that had formed overnight. 

NOTE: You can enter from the current Price 193.65 with stops below the low of the current Bullish Pin Bar.

To Trade This Market With Our Preferred Broker, CLICK HERE


GER40 – CASH: Buying On Retracement Lower To Within The Range Of Bullish Long-Tailed Pin Bar Signal

Comments: Price formed a Bullish Long-Tailed Pin Bar Signal overnight. 

Potential Trade Signal: We are looking to buy on a retracement lower to within the range of the current Bullish Long-Tailed Pin Bar Signal that had formed overnight. 

NOTE: Buying around the 50% retracement range of the current Bullish Pin Bar Signal with stops below the low of this signal.

To Trade This Market With Our Preferred Broker, CLICK HERE

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Disclaimer: The risk of loss in trading financial market products, like Cryptocurrencies can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Any content posted here should not be considered financial or Trading advice, this newsletter is just for information purposes and is just the author’s opinion.

 

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