SELL ANALYSIS ON GBPJPYPrice has failed to break the resistance zone multiple times since 2022. price is at the zone again and we can see the change in market structure to a bearish one which shows us reversal. We can also see a breakout of trend line which also helps us confirm that GBPJPY will be bearish. So we have 3 confirmations now which are failure to break resistance zone, change in market structure, break of trendline. We set our SL just right above the resistance zone. TP1 is at the first support zone at 158 and TP2 is the final take profit at 155 with a risk to reward ratio of 7:1. Risk wisely
Gbp-jpy
GBPJPY LONG BIAS! SWING!!Hello!
Just thought i should make an update on everyone's favourite pair!
I am still LONG TERM BULLISH on GJ, I even took 2 BUY positions from the POI marked in my last analysis video regarding this GBPJPY!
Now? I will see what next week has to give us! If I see a promising POI zone that may give off a nice buy position, i will update you on my tel channel.
Enjoy the video!
GBPJPY LONG BIAS! (UPDATED)Hello everyone!
Hope you are all well! And had a great weekend!! :)
Some members in my Tel channel suggested me a couple of pairs to analyse, and so here's the first one!
GJ for me is looking tricky, I am against selling this pair for long period of time, as HTF shows long, with a clear target of 184.4.
I will be watching LTF and Daily for a strong Demand Zone to line up for a potential buy to 166 as a first TP.
I hope you enjoy the Top-Down analysis! Any questions? just DM me!!
Take care!
GBPJPY SHORT i do expect GBPJPY to short around 200-400pips the trend line ive been waiting for finally has kicked in. JPY in my opinion is doing really well so it should short over time. I do expect GBPJPY to really dump hartd as it as very volatile pair.
by the end of Janurary i do exepct to reach TAKE PROFIT maybe even by next week. if u want more info drop a comment below.