GBP/JPY 188.001 - 0.06% LONG IDEA MTF BIAS 🐮🐮🐮HELLO TRADERS
Hope everyone is doing great 🛑 New week new opportunities
A look at GBPJPY ahead of the new week 👌MULTI-TIMEFRAME ANALYSIS
BXY DAILY TIME-FRAME
* The POUND index has been range bound.
* Looking for it to push higher to take BSL.
* Looking for GBP to be strong this week.
JPY INDEX DAILY TIME-FRAME
* JPY INDEX is on a strong bearish momentum.
* Looking for a rejection at the - FVG.
* For a continuation with the bears.
GBPJPY DAILY TIMEFRAME
* Looking for a rejection at the +FVG for a continuation with the bulls.
* This would align with both indexes.
* continuation bullish would be favored for me until price says otherwise.
GBPJPY 4H TIMEFRAME
* Bearish Displacement possibly signalling retracement.
* Looking to trade into Discount before continuation.
* + FVG
* Trend continuation.
GBPJPY 1H TIMEFRAME
* Bearish Displacement possibly signalling retracement.
* Looking to trade into Discount before continuation.
* + FVG aligning with the 50%
* Trend continuation.
* strong bearish momentum changes the plan.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
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ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
Gbpindex
Bearish channel guiding GBP indexGBP has been one of the weakest currencies for some time now and it's easy to see that from this chart The FX market has been quiet for the majority of the week and it looks like GBP tried to regain some ground albeit slowly It could continue to gain but the overall bearish channel is what I'm focused on. I'm watching for bearish setups on GBP pairs but waiting to see how price will react to the bearish flag pattern. Good confirmation will be if price can sustain trading below the bearish flag breakout point on the index.
GBP INDEX Shark Pattern Analysis and StrategyWe are trading 4th leg of the predicted shark pattern. We are looking for price action to break the yellow trend line which will take us to out targets on the 1st and 2nd green zones, which will complete the pattern as well. NASDAQ:GBP