GBPJPY SHORTSGj is approaching two key supply zones on the m15tf and m5tf. Looking to see how price reacts to those zones before taking on any short positions. Happy Trading!
Gbpjpyforecast
GBPJPY Hold Major EMA GBPJPY was one of the best performers this week and surged more than 400 pips on weak yen. The pound sterling regains 1.3200 and markets eye UK retail sales for further direction. Any breach above 1.3300 confirms further bullishness. The intraday trend of GBPJPY is bullish as long as support 159 holds.
GBPJPY is about to get a solid rejection.GBPJPY is the staying at the good area of sell.
Sell at current price or a bit above 20/30 pips is good for sellers to target the 158.000 Area
This is just an idea, Market can go in opposite direction, So we have to manage risk.
GBPJPY Continuation to upsideHey traders, here is the analysis for the GBPJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
gbpjpy correctionhello, GJ has been in an impulse move and now its doing a correction after do a correction and then test to 161. Right now on fib level we are on 61.8% on HTF means reversal and we also have a wick which shows price exhaustion. While for structure its showing a sell although you have to keep in-mind the overall trend which a bullish trend. More so, I can see divergence on the daily chart but sometimes divergence can tend to take long to act out. Wicks always show exhaustion so pay attention to them Kindly make sure you have all your confluences in-line.
Share with me your thoughts.
JESUS LOVES YOU AND DIED FOR YOU <3
GBPJPY Swing Bearish Setup !!The GBP-JPY is trading in a rising channel
And the husband rises to re-test
The channel's ascending resistance line
We expect a bearish pullback, but because this pair is in an uptrend
The trade will be in the opposite direction of the first
We will have to wait for confirmation of the formation of a bearish pattern to confirm selling to target areas below at 156.000
GBPJPY | BREAKOUT FROM RANGEGBPJPY has given a breakout from the daily resistance area of 158.100. This level is holding the pair since 20th October 2021. Now we see a clear breakout from the range and expect the price will go to 159.900 level.
Trade your levels accordingly.
GBPJPY fish is swming to the upside!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 (4HR) BREAK AND RETESThello, as I said yesterday GJ is at critical area where it has tested for support, resistance in the past(1 week) major structure, but price eariler today touched the minor weekly trendline, and retraced little but still maintaining a bullish momentum. So i want to see price break trendline and retest . but always set alerts at your trendlines to avoid impulsive trading casing to losses.
Pay attention to every single detail, have multiple confluences. look at structure.
TIP: always mark monthly foundation lines, trendlines price always reacts around those areas.
share your thoughts
Jesus loves you and died for you <3
GBPJPY continued buys in the uptrendAnother high has been made on GBOJPy. Price is nearly approaching my swing trade target at 158.250.
If price can pullback on the 4 hour timeframe to 156.875, I’ll buy again.
What will you do ok this pair?
GBPJPY (1W) Currently, right now we are at a critical area, where price has tested before and respected in the past, pay attention to the candle wicks, divergence . I believe GJ will open up with a bullish momentum on smaller timeframes then make a bearish move but eventually break off with a bullish overall and touch the major monthly trend line and eventually drop(bearish ) but for now am expecting to see consolidation before breaking the monthly trend line as the area where GJ is at major trend lines, areas of resistance so trade wisely . For this week it may close with a Doji candle or bullish candle.Overall Pray and use risk management before entering any trade. Trade what you see and not what think
Share with me your thoughts
Jesus Christ loves you ❤️
GBPJPY has formed a Fish pattern!!GBPJPY is showing strong bullish momentum in all timeframes. Currently, it is over daily and weekly resistance and already tested once as support on the daily timeframe and formed a Doji.
If this instrument opened with a gap to the upside tomorrow, we may see an aggressive move to the upside. Or we may see another retest of the daily resistance( 156.05) as support and may start to move up.
On the other hand, If it is a false breakout to the upside, we may see a big candle to the down. If so, we will wait for a retest fo the broken resistance ( 155.80)and will look for short.
If you enjoy this analysis please thumbs up.
Thank you.
GBPJPY Possible retracement for GBPJPY, then continuation of it's direction..
For the few first days of the week GBPJPY is bearish, but then complete it's retracement an continue on it's direction..
GBPJPY Long BiasGBPJPY is on bearish trend and mainly for fundamental reasons.
the pair looks to be showing some reverse double bottom and the neckline retested.
My idea here is to wait if the the it has able break out of the resistance trendline.
The currently price is on strong level of Fibonacci 0.50 which the market is holding.
then wait for the retest to long GBPJPY.
The target could be around 155.00
What do you think of GBPJPY for next week?
GBPJPY (1HR) PULLBACK Hello, right now we can see the Pound and the yen are respecting levels, currently its on a correction move then afterwards do a continuation to the upside. It did a price reversal at 61.8% on HTF i marked it with a red circle so I expect it pullback to upside solely basing on market structure.
kindly let me know what you think.
Jesus loves you, God bless you <3
GBPJPYI Saw Distribution + Mitigation Already occurred + rejected from a Key level .
I Will Look to Short From RED ZONES to the Area as my 1st target mentioned (To be Watched).
Market Could Even See a more prolonged upside Retracement !
GBPJPY SHORTS AGAIN ?GBPJPY was doing a Correction upwards filling up LQV and Seeking buy Side Liquidity ...
My targets on GBPJPY will remain the same as it was in my previous Analysis for GJ
GBPJPY SHORTS 📉📉📉📉 Expecting bearish price action on GJ as price takes out all the buy side liquidity on it's way and right now price is rejecting an important area of bearish orderblock 156.500 + imbalance fill. I also expect the JPYBASKET to make the bullish retracement meaning GJ should go down.
What do you think ? Comment below..
GBPJPY_D1 Bullish Reversal Target and SL Point FixtGBPJPY_D1 Bullish Reversal Chyper Pattern, Target and SL Point Fixt, i'm sitting tight position long and set SL ,TP... Just your Openion in comments and if like idia follow me...Thank you
GBPJPY LONG (4HR)Hello, right now price is making an impulsive move and we want to see price break and retest, as price is on a sensitive area where it has tested as support and resistance several times in the past so we know price moves in three direction impulsive, correction and continuation. As of now we are in an impulsive move but hope to see correction and continuation to the top break major trend line and then a bearish move although that could take sometime. Basis made on market structures
I would love to connect with you all, share opinions ❤️
Jesus loves you and died for you❤️
GBPJPY_D1 Double Top Breakout & Retest Possible Bearish ReversalGBPJPY_D1 Double Top Breakout & Retest Possible Bearish Reversal Continuation, Share your openion in comments and if you like my idea follow me. Thank you :)
GBPJPY hrly long | algo trading GBPJPY hrly long
⚠️ GBP news, half risk
buystop @ 154.848
TP #1 @ 155.030 72.73% wr
TP #2@ @ 155.485 50.91% wr
SL @ swing low 154.063 23.64% hr
