GBPJPY - Daily Trade Idea - 23-Nov-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
Gbpjpylong
GBPJPY - Daily Trade Idea - 22-Nov-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
GBPJPY - Daily Trade Idea - 21-Nov-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
GBPJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on GBPJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock.
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GBPJPY 175.000 Q4 Target From 162.500, +1,250 PIPS175.000 Target by end of Q4 for GBPJPY , Monthly, Weekly, Daily bullish market structure.
Weekly / Daily fib completion at 175.500
Anticipating spike of previous weekly lows at the start of the week (163.046) for liquidity.
We have a bearish fib completion at 163.200 but single candlestick analysis on the daily showing Lower Lows and Lower Highs, anticipating the bullish shift in structure at the daily order block in line with the 78.6% fibonacci retracement at 162.390.
Will wait for shift in market structure on lower timeframes once 162.500 is met.
GBPJPY BUYHello traders.
GBPJPY has performed a quite bullish price action. But the market makers' game is usually trapping the retailers on Mondays and reverse the trend later during week. So, I am sceptical.
The pair definitely needs corrections and that is not only an opinion of mine.
It is overbought so many big players will close their profits pretty soon. However, it remains bullish in technical analysis and GBP is bouncing from the lows while JPY keeps loosing value.
Drawing Fib levels from the Swing Low to Swing High, based of the last 4H impulse move, I consider the below Fib retracement area as a great long opportunity.
163.585 - 166.057
Note: it is at a weekly Supply level but I see the potential to break it and aim for Multiyear highs.
good luck
GBPJPY - Daily Trade Idea - 9-Nov-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
GBPJPY - Daily Trade Idea - 8-Nov-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
GBPJPY - Daily Trade Idea - 7-Nov-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.