GBPJPY#GBPJPY market is following bullish trends. Let it reach resistance that will act as a key level for it then there will be a good trade either way it breaks or retests.
Gbpjpy_outlook
GBPJPY - Buy TrapDon't be an impulsive trader and look to get in immediately at market open, wait for strong bullish confirmation.
I believe a buy trap will form around the region marked, I will be waiting to get involved lower at the ideal buy zone marked.
GBPJYP-Long#GBPJPY market is going to buy from this level. And you can take good profit up to resistance area.
GBPJPY - Push Before CollapseThis pair looks healthy for an upside push before we see a strong bearish sell-off. My first upside target would be the imbalance fill, the second target is the previous high.
Once we see rejections at these points we can flip the bias to sells and look for long term bearish trends.
GBPJPY - Bullish Opportunities !Welcome to our Trade Setups - June 08th ( GBPJPY ) !
BUY GBPJPY
ENTRY LEVEL @ 154.918
SL @ 154.569
TP @ 155.616
Max Risk: 1% - 3%!
Risk/Reward Ratio: 2
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NZDJPY - Area FillI want to utilise NFP data to shock sellers out of the market before we continue to fill the area with imbalance.
You could consider buys from this point if you like trading counter-trend moves.
GBPJPY - NFP CatalystI believe that we can utilise the NFP data and the liquidity spikes as a good entry point to get involved In some long-term short positions. Once we eliminate the previous high point, I am expecting a severe collapse.
Sentiment Data - 56% Short
GBPJPY - Bullish Opportunities !Welcome to our Trade Setups - June 01th ( GBPJPY ) !
BUY GBPJPY
ENTRY LEVEL @ 155.075
SL @ 154.883
TP @ 155.843
Max Risk: 1% - 3%!
Risk/Reward Ratio: 4
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
WAIT FOR A LONG ENTRY#GBPJPY is in a long term trend, wait for the price to come to the support and buy from the zone.
GBPJPY - Likely PushI would assume the fake breakout of the small descending parallel channel would have now caught out the buyers opening up a nice opportunity for us to get involved in some longs.
GBP/JPY (must watch idea)gbpjpy is going in a middle of a sellers zone .. and there is tow ideas .. we will know we the break (in/out) happen...
good luck every one ..
GBP/JPY hits the channel resistance, possibility of a dropGBP/JPY has rallied strongly yesterday. However, the bulls are taking a breather now.
Looking at the 4 hour chart, you can see that price has reached the channel resistance.
If this bearish price action persists, selling GBP/JPY@153.75-154.25 with SL above 154.70
and TP at 150.50 would be a possible sell set-up.
GBPJPY - Collapse IncomingThe collapse of GBPJPY has been brewing for a while now. Liquidity is being purged as we come closes to the previous highs, freeing up space for the banks to make a move.
Ideally, I would like to see one more push up before we begin to target some of the higher lows that have been created on the way up.
GBPJPY: Sell??This is my favourite pair.
Waiting For Touch Fib 0.5 and entry Sell Soon
If you have any idea leave comment below and dont forget give like.
Thanks
GBP/JPY Buy idea, bullish candle at the supportOverview - GBP/JPY was in a correction and consolidation phase for the last
couple of weeks. However, on Friday, a big bullish candlestick was printed on the daily chart.
Can this be the start of a new uptrend? Let's analyze
Analysis - From the chart, you can see that price is still above the 100 day moving
average, which indicates the uptrend has not been broken. The recent down wave is merely a
correction. After many days of consolidation at the support, a big bullish candlestick has formed
on the daily chart. Thus, the likelihood of a new uptrend brewing is reasonably high now.
Probable trade set-up - Based on this, if the positive momentum is intact,
a buy @149.90-150.20 with SL below 149 and TP at 153 may be considered as a potential buy signal.
Disclaimer - This is simply an analysis and not a trade recommendation. The trades will be
executed only if it meets the required criteria.
GBPJPY - Dip and BlowThis pair is yet to tap into the low of the Asian Range, although it is trading within its most recent order block, I do think it is likely that a sweep of the lows will come before we begin to target some upside levels.
According to market sentiment 55% of retail is selling GBPJPY.
