GBPJPY WILL FLY TO 195$HELLO TRADERS
As I can see this pair is still very bullish holding a strong support and can hit these design levels.
if we have look on monthly and weekly charts its crystal clear why we are asking for more bullish trend continuation friends it's just a trade idea share Ur thoughts with us we appreciate Ur love and comments Stay Tuned! for more updates
GBPJPY
GBPJPY in the first half of 2024A glimpse of the GBPJPY in the first half of 2024
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GOLD IN BUY CORRCTION
BUY now@2325-2315
sl 2310
tp 2327
tp 2330
tp 2335
tp 2365
tp 2385
tp 2415
buy limit 2303-2295-2288(flip entry confrm)
Sl 2285
Tp 2305
Tp 2308
Tp 2313
Tp 2359
Tp 2392
Tp 2415
BUT
In chart
we got DAY High confrm(Using my Research)
DAY in 80% sell
swing entry
sell limit 2391
sl 2439
tp 2295
tp 2256
tp 2202
tp 2150
tp 2050
tp 1975
INTRADAY ENRTY
Sell limit 2389-2394(flip zone)
Sl 2402
Tp 2387
Tp 2384
Tp 2379
Tp 2280
Tp 2163
Tp 2050
Tp 1984
Sell limit 2409-2412(strong sell zone)
Sl 2419
Tp 2407
Tp 2404
Tp 2399
Tp 2280
Tp 2163
Tp 2050
Tp 1984
NOTES: EDUCATION PURPOSE ONLY
Strifor || USDJPY-26/04/2024Preferred direction: SELL
Comment: The long-awaited meeting of the Bank of Japan took place, at the moment it is best to focus on technical analysis. Previously, we published two scenarios where scenario №2 is already active. Everything is unchanged here and most likely near the level of 157 , we can expect a fall with a target at the level of 153.222 .
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Strifor || GBPUSD-26/04/2024Preferred direction: BUY
Comment: The British , just like the euro , has fully worked out all of our previous trading ideas that we published earlier. Buy-priority remains relevant, but growth is more limited. It should also be noted that if the price closes above the level of 1.25000 on the weekly chart, one can expect higher targets, namely the level of 1.28000 .
At the moment, the price is expected to fix at current levels (scenario №1) or rise towards the level of 1.26000 (scenario №2) .
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Strifor || USDJPY-BoJ MeetingPreferred direction: SELL
Comment: The main event of the week is just around the corner. At the end of this week there will be a meeting of the Bank of Japan, where the interest rate will be decided, and most importantly, the immediate prospects for monetary policy will be announced. A large number of market participants expect intervention from the Bank of Japan against the backdrop of a weakened yen , which should strengthen the Japanese currency, especially against the US dollar.
On Thursday, the USDJPY currency pair recorded a new high this year, breaking last year's high a month ago. The current aggressive growth is most likely related to the upcoming meeting of the Bank of Japan , and the price of the instrument is simply being increased to confuse market participants. Against this background, we continue to adhere to the selling priority, according to which the main scenario №1 assumes a fall from current prices. But the likelihood of increased volatility is high, especially during a meeting of the Japanese central bank, so scenario №2 is also in our arsenal. We set the downside target at 153.222 .
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Strifor || GBPUSD-Week StartingPreferred direction: Neutral
Comment: The British currency is under the strongest pressure from the US dollar among all majors at the moment. In the medium term, the currency pair can be bought, but a more conservative entry will be at the level of 1.22500 , where the nearest support area is located. But even here one will need to wait for a clear signal for a reversal. So far, the pound has not shown anything close to this, and if there is growth, it will be sharp, not tied to any level or support area.
The best option is to put the pound aside and focus on the euro, Australian and so on. If we still consider the entry, the best option according to scenario №1 is indicated on the chart. Scenario №2 is about a conservative entry with a small volume and gradual accumulation of a long position as the price decreases.
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GBPJPY - Long Trade IdeaI like the long idea here. If the current day can form a Bisi, that would be fantastic. After that I would just be looking price to trade back into the Bisi, into one of the key Breaker levels annotated, at the right time of the day, then STRIKE.
The highest-probability target would be the recent high, and the next discretionary target would be my Wick Chair model (out of view), which basically also has some EQHs as well. A runner could be left for even higher prices should both targets be hit.
The stoploss is discretionary for a better RR as this is the Daily timeframe. The safest option would be the protected low annotated on the chart.
- R2F
GBP/JPY H1 | Heading into resistanceGBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 194.91 which is a pullback resistance.
Stop loss is at 195.47 which is a level that sits above the 127.2% Fibonacci extension level and the pullback resistance.
Take profit is at 194.14 which is a pullback support that lies above the 38.2% Fibonacci retracement level.
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Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPJPY - Long idea ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement to fill the imbalance and then rejects from bullish order block + institutional big figure 193.000.
Fundamental news: Tomorrow (GMT +3) we will see result of Interest Rate in Japan, news with high impact on currency, so pay attention in order to validate the analysis.
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GBPJPY: Short Trade with Entry/SL/TP
GBPJPY
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short GBPJPY
Entry Point - 192.81
Stop Loss - 193.38
Take Profit - 191.88
Our Risk - 1%
Start protection of your profits from lower levels
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GBP/JPY H4 | Falling to pullback supportGBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 190.29 which is a pullback support.
Stop loss is at 189.88 which is a level that lies underneath a pullback support and the 61.8% Fibonacci retracement level.
Take profit is at 191.63 which is a pullback resistance that aligns close to the 50.0% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBP-JPY Short From Resistance! Sell!
Hello,Traders!
GBP-JPY went up sharply
But the pair is locally
Oversold so as the pair
Is retesting a horizontal
Resistance of 192.945
A local bearish correction
Is to be expected
Sell!
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GBP/JPY Bullish idea 23/04/2024Price has been moving down on the 30m and 4h chart creating lower highs and lower lows but this morning price broke the most recent resistance indicating a possible change in structure. This was confirmed with a higher support on the 30m chart which means trading this time frame alone I would be looking for buying opportunities. It is nice confluence to see this on both time frames
Price on the 4h has closed above range support so if price can remain above the support it makes sense to see further upside. Waiting for the next support to form on the 30m chart would be an indication to get involved in to trade price to the next resistance looking left and this aligns with the top of the 4h range
This is very basic price action and not something I will be trading as it does not align with my trading session however I often plot these areas to give me a wider picture on what structure is telling me so I thought why not post
GBPJPY Massive Long! BUY!
My dear friends,
Please, find my technical outlook for GBPJPY below:
The instrument tests an important psychological level 190.56
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 191.38
Recommended Stop Loss - 190.11
About Used Indicators:
Super-trend indicator is more useful in trending markets where there are clear uptrends and downtrends in price.
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WISH YOU ALL LUCK
GBP/JPY Assessing Entry Opportunities in Range AreaWe're currently monitoring GBP/JPY for another potential entry opportunity within a defined range area. Our analysis suggests a possible upcoming bearish movement towards the lower boundary of the rectangle. It's worth noting that these trades are geared towards short-term scalping strategies. Therefore, we advise thorough consideration and evaluation of the market conditions before contemplating entry into these positions.
GBP/JPY BULLS ARE STRONG HERE|LONG
Hello,Friends!
It makes sense for us to go long on GBP/JPY right now from the support line below with the target of 192.689 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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GBPJPYhello everyone, the price is moving along the support trendline but price is being rejected several time from the resistance 192.77... if price do breakout the main support is 190.27 that will be the main target for bearish trade... if it do break out on bullish side then highest it can go is 193.5.. overall alot of rejection occurring from resistance along with bearish divergences in 1hr tf so for now will say bearish trade...
good luck