Gbpjpylong
Trend Following Strategy EntryGBJPY is currently in a strong uptrend on the 60m timeframe. It has just produced a higher high, higher close candle at the bottom of a descending channel - both of which are bullish signals.
I have entered at the open of the 12:00 candle and will hold until a retest of the previous structure high.
GBPJPY HELLOW FELLOW TRADER. I am currently looking at the gbpjpy. I am hoping to see rally movement to the upside. though, the market can slimly break below the demand zone and sell but there are less chances that it might break below then turning back to the upside, rejecting at demand level.
please comment below and tell men what you think about this pair.🤗🙏
GBPJPY - Long active ✅Hello traders!
‼️ This is my perspective of GBPJPY .
Here we are bullish from H4 timeframe perspective, so I am looking for longs. As I expected in my last analysis price made a retracement and rejected from bullish order block + institutional big figure 162.000.
‼️Attention!!! Due to the fact that we have news events on GBP and JPY on Friday, the analysis can be invalidated.
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GBPJPY remains a long.GBPJPY - Intraday - We look to Buy at 163.10 (stop at 162.50)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
This is positive for sentiment and the uptrend has potential to return.
Levels close to the 61.8% pullback level of 163.03 found buyers.
The hourly chart technicals suggests further downside before the uptrend returns.
Further upside is expected although we prefer to buy into dips close to the 163.00 level.
Our profit targets will be 164.60 and 164.90
Resistance: 163.75 / 165.70 / 168.55
Support: 161.75 / 159.30 / 155.35
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GBPJPY top-down analysisHello 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 - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Here we can see that price respected the prediction from previous analysis. We are still bullish here from H4 timeframe perspective, so I am looking for longs from bullish order block + institutional big figure 162.000.
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