GBPJPY Testing Major EMAGBPJPY recovered sharply after a massive sell-off of more than 500 pips.
The near-term resistance is around 166.25, any breach above targets 167/168./168.75.
Gbpjpylong
GBPJPY longOANDA:GBPJPY
GBPJPY broke bearish structure on the 1H and price tested on a key support level with bullish engulfing candles
GBPJPY: Bullish Fakey + Pin Bar SetupGBPJPY – SPOT: Buying Within The Range Of Bullish Fakey + Pin Bar Setup
Price Action: Price moved higher from the Bullish Fakey + Pin Bar Setup that had formed late last week.
Price moved higher from within the range of the recent Bullish Multiple Inside Bar + Pin Bar (Combo Setup) that had triggered around three weeks ago (We suggested trading the pullback to this setup in the June 1st, members' daily newsletter).
Potential Trade Idea: We are considering buying on a retracement lower to within the range of the current Bullish Pin Bar Signal (Which is a part of the current Bullish Fakey Setup).
800+ PIPS TP hit in GBP/JPY, how to trade it now?Dear traders, if you have been following my updates you already know that we have been
selling GBP/JPY since the price hit 168.40 and we have secured 800 pips profit when price dropped to 160.
Since then, GBP/JPY has retraced quite strongly after hitting the 100-day EMA at 160.
Currently, GBP/JPY is in a tricky area and it is a little difficult to anticipate the next move.
That being said, 166 is a minor resistance level and I might try a small sell only if bearish price
action happens at 166.
GBPJPY - Daily Trade Idea - 20-Jun-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
GBPJPY##This is GBPJPY on the 1H timeframe, Price broke out from a falling wedge as spotted in the chart.
Price also broke a high of 163.600 and presently retracing downward for a possible retest of the last broken high before a BUY continuation (IMPULSE)
WE REACT TO WHAT WE SEE
WATCH OUT
1. Retest of the last broke high
2. Price action candlestick
3. Market behavior
4. Patience
Kindly, like, comment your thoughts, and follow for more content🙏
GBPJPY:Purchase at dips?!GBPJPY
Intraday - We look to Buy at 162.20 (stop at 161.10)
We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We look to buy dips.
Our profit targets will be 165.40 and 168.40
Resistance: 165.40 / 168.40 / 171.90
Support: 162.00 / 158.65 / 155.60
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’ ). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
GBPJPY - Daily Trade Idea - 17-Jun-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
GBPJPY Sharply Slips below Cloud and TrendlineGBPJPY trades lower on the weak Pound sterling.
The near-term resistance is around 163.10,
GBPJPY - Daily Trade Idea - 16-Jun-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
GBPJPY Breakout1H timeframe trendline breakout. I don’t believe this to be a false breakout, buyers came in strong. Targets are previous touch points of trendline.
Short Again For GBPJPY?We've been nailing GBPJPY since the week started, between 200-300 PIPS! A few small hiccups but we're on top of it. Lets do this humbly.
GBPJPY: Battle of the weak pairs?!GBPJPY
Intraday - We look to Buy at 162.10 (stop at 161.00)
We are trading at oversold extremes. A Doji style candle has been posted from the base. This is positive for sentiment and the uptrend has potential to return. We look to buy dips.
Our profit targets will be 165.20 and 168.40
Resistance: 165.40 / 168.40 / 171.90
Support: 162.00 / 158.65 / 155.60
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre
We are looking for long position!! buy laluhhIn my opinion,
GBPJPY is uptrend. Just focus on buy.
Analysis : Trendline (major) + Demand zone.
GBPJPY - Daily Trade Idea - 14-Jun-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, TP 2 , TP 3 and EXIT (SL) 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 and only enter if we have the final confirmation for entry.
Gritish PoundGBP/JPY im waiting for sell entry you can see in the chart
Entry zone - 163.326
TP 1- 163.000 (+32 pips)
TP 2- 162.826 (+50 pips)
TP 3- 162.326 (+100 pips)
TP 4- 162.000 (+132 pips)
SL - 163.826 (-50 pips)
