GBP/JPY DownThe gbpjpy trend is bearish as long as it is below the 161,450 range
Rally can be expected to fall to 159.50 and finally below 158.20.
Gbp-jpy
Entry GBPJPY Sell 31/03/2022Details on chart - entry once price closed bearish on the 15m off 15m SZ
GBPJPY ShortHey traders, in today's trading session we are monitoring GBPJPY for a selling opportunity around 160.3 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Entries GBPJPY Sells 30/03/2022Details on chart - took entries with both the same trade idea in mind
Entry GBPJPY Sell 29/03/2022Details on chart - entry should have never occurred / emotions got the better of me
GBPJPY potential for bearish momentum! 30th March 2022Prices are on bearish momentum and abiding by our descending trendline resistance. We see the potential for further bearish continuation from our sell entry at 160.567 which is an area of Fibonacci confluences towards our Take Profit at 159.013 in line with Fibonacci Projection. Prices are trading below our Ichimoku cloud resistance, further supporting our bearish bias.
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gj h4Confidence is not "I will profit on this trade." Confidence is "I will be fine if I don't profit from this trade.
gj Trading doesn't just reveal your character, it also builds it if you stay in the game long enough.
Entry GBPJPY Buy 29/03/2022Details on chart - entry once price closed bullish on the 15m above the 15m DZ (first touch)
GBPJPY weekly analysis 🦐GBPJPY has been trading between 2 structures since March 2021.
After such a long range the price is now to the 158 area and possibly break above.
I can see how after the previous test price has turned at the 0.786 Fibonacci level and creates a sold green candle afterward.
How can i approach this scenario?
I will wait during next week for a break of the resistance and in that case, i will move on the lower timeframe to spot and entry point for a long order according to the Plancton's academy rules.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
GBPJPY LongHey traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 161.4 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Entry GBPJPY Buy 28/03/2022Details on chart - entry once price closed bullish with HUGE rejection wick
Sold GBPJPY at this area. Goodluck to me.I was assuming that the markets just got open and I feel like reversal are coming anytime soon. That is why even though it goes up I do the opposite. I am more of a Swing Trader, so probably you might got confused why I do that decision. Just looking 50-100 pips here and we are done
The Pound Strengthens Over The Yen!The GBPJPY has not been successful at breaking and remaining above the
major level of resistance at 156.60 since June 2016, which formed the high
of an area of consolidation.
Price really started to attack this level from October 2021 for a number of
months, but has now cleared this level by around 700 pips.
The candle for March is currently looking strong, and with only a few days
of the month left to go, we may see a close outside of the consolidation zone.
Price now has a lot of clear space to form a trend before the next major level
of resistance at 195.88, which is the high of June 2015.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
