GBPJPY: A Big Buy Is Coming Up, Worth 1200+ Pips! §§Our Last idea on. GBPJPY did not work out as we had planned, however, we still expect price to go beyond 209 region and create a record higher high. This correction is a great sign as this will create more of more buyers coming in the market. Good Luck.
GBPJPY
GBPJPY ( BREAKOUT DEMAND ZONE ) ( 4H )GBPJPY
HELLO TRADERS
Tendency , the price is under bearish pressure until trade below turning level .
TURNING LEVEL : the price of turning level around 203.463 , indicates the price trade below this level reach a support level , but if trading this level reach a resistance level .
RESISTANCE LEVEL (1) : around 205.601 , for reach this level will be breaking turning level .
RESISTANCE LEVEL (2) : around 207.938 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
SUPPORT LEVEL (1) : support level at 201.362 , for reach this level will be trading or stabilizing below turning level .
SUPPORT LEVEL (2) : support level at 199.532 , for reach this level will be breaking by open 4h candle below support level (1) .
CORRECTIVE LEVEL : the price retest before dropping at 203.463 .
TARGET LEVEL :
RESISTANCE LEVEL : 205.601 , 207.938 .
SUPPORT LEVEL : 201.362 , 199.532 .
GBPJPY Will Go Lower! Sell!
Please, check our technical outlook for GBPJPY.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 202.665.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 201.362 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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GBPJPY Analysis Today : Trend following strategyHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY Will Go Down! Sell!
Please, check our technical outlook for GBPJPY.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 203.549.
The above observations make me that the market will inevitably achieve 202.197 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBPJPY On The Rise! BUY!
My dear followers,
I analysed this chart on GBPJPY and concluded the following:
The market is trading on 203.13 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 204.54
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
Bearish drop?GBP/JPY is rising towards the pivot which is an overlap resistance and could reverse to the support level which acts as a pullback support.
Pivot: 204.73
1st Support: 202.54
1st Resistance: 205.98
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GBPJPY - Short from bearish order block !! Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are bearish and have the same situation as on EURJPY. My point of interest is if price continue the retracement to fill the imbalance higher and then to reject from bearish order block.
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GBP/JPY H1 | Heading into overlap resistanceGBP/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 203.558 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 204.45 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance.
Take profit is at 202.08 which is a swing-low support.
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GBP/JPY Outlook ICT Concepts GBP/JPY Analysis
💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on GBP/JPY, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
🔍 Identifying Key Levels
The chart highlights several significant levels and zones that influence the current market behavior:
• PMH (Previous Month High): A significant resistance level.
• PWH (Previous Week High): Another key resistance level.
• PWL (Previous Week Low): A critical support level.
• FVG (Fair Value Gap): Indicates a zone of potential retracement or continuation.
• SSL (Sell-Side Liquidity): Below the equal lows, indicating a potential target for liquidity sweep.
📊 Key Considerations
• Price Swept Previous Week Low (PWL): Price took out the previous week’s low, indicating a potential liquidity grab.
• Fair Value Gap (FVG): Price currently traded into the FVG zone, suggesting a possible reaction area.
• Sell-Side Liquidity (SSL): Below the equal lows, this area is of interest for a potential liquidity grab if • the bearish scenario unfolds.
📈 Bullish Scenario
• Sweep of Previous Week Low (PWL): The recent sweep of the previous week low (PWL) indicates a potential bullish reversal.
• Targeting FVG and Highs Inside: Price is expected to move higher from here, targeting the Fair Value Gap (FVG) and the highs created inside this gap.
• Liquidity Levels: The key liquidity targets are the minor buy-side liquidity (BSL) levels above the local highs within the FVG. A lower time frame confirmation would show a strong bullish structure.
📉 Bearish Scenario
• Sweep of Highs Inside FVG: For a short scenario, we need the highs inside the FVG to be taken first.
• Reversal from FVG: After the highs inside the FVG are taken, look for signs of reversal to consider short positions.
• Targeting Lower Levels: Upon confirmation, the bearish targets would include previous sell-side liquidity (SSL) levels and potentially the lower support levels marked out on the chart.
📊 Chart Analysis Summary
The GBP/JPY chart indicates a potential move higher following the sweep of the previous week low (PWL). The bullish scenario targets the Fair Value Gap (FVG) and the highs within it. For any short scenario, we need the highs inside the FVG to be taken before considering short positions. Confirmation on lower time frames will be essential for validating the setups in both scenarios.
🙏 Thank you for joining us!
Exploring GBP/JPY today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
GBPJPY Bearish Robbery Plan to Steal the moneyMy Dear Robbers / Traders,
This is our master plan to Heist GBPJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 3h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
GBPJPY Will Go Higher! Buy!
Take a look at our analysis for GBPJPY.
Time Frame: 12h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a key horizontal level 205.232.
Considering the today's price action, probabilities will be high to see a movement to 208.196.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBPJPY ( TRADING BELOW TURNING LEVEL ) ( 4H )GBPJPY
HELLO TRADERS
Tendency , the price trading below this turning level , indicates under bearish pressure .
TURNING LEVEL : around 206.035, if the price trade below this level reach a support level , breaking reach a resistance level .
RESISTANCE LEVEL : as long as the price breaking turning level at 206.035, reach a resistance level at 207.954 , then breaking this level reach a 209.581 .
SUPPORT LEVEL : if the price trade below turning level reach a support level at 203.893 , then breaking this level reach 202.591 .
PRICE MOVEMENT : the price trading below turning level at 206.035 , as long as the price trade below this level reach a support level at 203.893 , then breaking this level reach a 202.591 , may be retest to turning level before dropping , if the price breaking turning level reach a resistance level at 207.954 .
TARGET LEVEL
RESISTANCE LEVEL : 207.954 ,209.581 .
SUPPORT LEVEL ; 203.893, 202.591 .
GBPJPY Will Go Up From Support! Buy!
Here is our detailed technical review for GBPJPY.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 204.882.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 206.047 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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GBPJPY - Look for Continuation Long (SWING) 1:4!GBPJPY did not show any signs of turning bearish. The price failed to create a new lower low on the higher time frame, and there are no signs of a reversal chart pattern, indicating that the volume of buyers is still strong, with the potential to push the price higher and create another all-time high.
The price reacted strongly at the Fibonacci retracement golden zone, suggesting an opportunity to go long. Regardless of the situation, protect your capital and manage your risk. Remember, trading is a marathon, not a sprint.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPJPY: +1100 Pips Swing Buy| Possible Move|Do Your Own ResearchOANDA:GBPJPY
Price has made correction, as there was a hint of possible BOJ intervene. However, it was likely to alter the price for sometime. In our view, price is likely to continue the bullish move upwards 215 price region. The move can be a big swing trade +1100 pips. Although, we can first target 210 and then 215. Good luck.
AUDJPY - Looking Toppish! BIG Drop Inbound!All JPY pairs look like they're at the very top of their patterns.
AUDJPY is currently confined within a parallel channel and we're at the very top of the pattern.
We are now looking for any reversal signs on lower timeframe to indicate that the top is in. There's a number of ways this can be done.
1. Trendline Break
Watch for price to break a trendline that price has been respecting
2. BOS
Watch for price to break a significant swing point
3. Moving Average break
Watch for price to break a moving average that has been respected well
Any of these could be the first signs that the reversal is taking place. If we get more than 1 signals, it will give us even greater confidence that the reversal is taking place.
These methods can be applied to any timeframe.
For the higher timeframe, the break of red trendline shown in the chart can be used as an indication that the reversal is taking place.
What do you guys think?
Goodluck and as always, trade safe!