Gbpjpy_outlook
GBPJPY - Imbalance FillPrice action suggests that price is slowing down from a seller perspective in this region.
I would like to see some structural shifts indicating that bulls have grabbed hold of the market before I look to go long up into the imbalance.
We need to mitigate the impulsive sell-off before we look to go short again.
GBPJPY: The Time Has ComeThe last OB on the 5M is calling me for entries.
I would like to see a purge of the Asian range before reversing from the last OB marked to the upside.
This could be extremely profitable if done correctly.
Risky traders could set an order, patient traders could set an alert and wait for rejections.
Good luck, make sure to like and comment on this post!
GbpJpy- 153.50-154.00 is my buy zoneAfter it has reached a high at 158, GbpJpy has started to drop but let's not be fooled, this is just a correction to the recent leg up.
Also, the overall trend is strongly bullish so, the safer way to trade is on the buy side.
From the technical point of view, between 154 and 153 there are a lot of indications of support including horizontal support and Fibo 50%
That being said, i will look for buy signals in that zone with a target around 160
GBPJPY: High WipeoutsThis pair just took out the previous high as well as the weekly high!
Could it be time for some retracements?
If we manage to hold around this level without pushing higher, I would like to sell all the way down into the weekly equal lows.
What are your thoughts on this analysis?
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GBPJPY / LONGS / Waiting for a pullbackAs we can see from this chart GBPJPY has broken its weekly resistance level
I am looking for this pair to retest the broken area before pushing up to the next highlighted resistance area or if the daily highs are broken then we can look to join in on the move going up
GBPJPY: Sells Into BuysPlease read my previous post to understand the long term directional bias.
I will be selling into swing buys.
I assume the sell setup will look something along these lines once we purge the trend line liquidity and fill some of the imbalance.
I have created an illustration to make it clearer for you.
GBPJPY: The Perfect SetupPrice is bound to purge the equal low liquidity before return to the trend line liquidity.
I have illustrated how price may react around these sensitive regions before setting off to the weekly highs.
Personally, I will be selling on the lower timeframes until the swing buy opportunity presents itself.
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GbpjpyGBPJPY
Here we have the chart of GBPJAY I am going to short from here because on the monthly time frame it touched the strong resistance And if we see one the other side we easily can see that GBPJAY running on the parallel channel and given breakout
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Thankyou
I hope from this trade you will get some green pips 💲💲🤪
GBPJPY preaparing for Short 200pips!!!What we see on GBPJPY is quite clear and nice, price showing bearish pattern just on the top, with strong momentum to down.
Sor far we waiting for price to show more bearish signals and ofc we wait for the price to be back to our strong resistance level which is drawn by orange area.
Finally set our 1:5 order and go with new trend ...
⚠️Take Max 1% of your capital on this trade⚠️
Lets see how price respects our scenario
Any question comment bellow
@FxShzd
GOOD-LUCK EVERYONE
GbpJpy can drop 500 pipsSince the beginning of March, GbpJpy is carving a rounded top.
Now the pair is trading exactly in pattern's support and a break here looks inevitable.
If such a break happens we can consider the formation complete and open sell position.
The target for the pattern is more than 500 pips down so 144 technical support can be in play