GBP/JPY "The Beast" Forex Market Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑💰🐱👤🐱🏍
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/JPY "The Beast" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸Book Profits Be wealthy and safe trade.💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Thief SL placed at (188.000) swing Trade Basis Using the 2H period, the recent / nearest low level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 197.000 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
GBP/JPY "The Beast" Forex Market market is currently experiencing a bullish trend,., driven by several key factors.
💥Fundamental Analysis
UK Economic Growth: The UK's economic growth has slowed down to 1.2% in the last quarter, due to the ongoing Brexit uncertainty.
Japan Economic Growth: Japan's economic growth has remained steady at 0.5% in the last quarter, driven by the government's stimulus packages.
Interest Rate Differential: The interest rate differential between the UK and Japan has widened, with the UK's interest rate at 4.25% and Japan's interest rate at -0.1%.
💥Macro Economics
Inflation Rate: The UK's inflation rate has decreased to 2.5% in the last month, while Japan's inflation rate has remained steady at 0.5%.
Unemployment Rate: The UK's unemployment rate has remained steady at 3.5%, while Japan's unemployment rate has decreased to 2.2%.
Global Trade: The ongoing trade tensions between the US and China are expected to have a minimal impact on the GBP/JPY market.
💥Global Market Analysis
Forex Market: The global forex market has experienced a moderate increase in volatility, with the GBP/JPY pair experiencing a 1.5% increase in the last 24 hours.
Commodity Market: The global commodity market has experienced a moderate decrease, with oil prices decreasing by 1.2% in the last 24 hours.
Stock Market: The global stock market has experienced a moderate increase, with the Nikkei 225 index increasing by 1.0% in the last 24 hours.
💥COT Data
Speculators (Non-Commercials): 80,000 long positions and 120,000 short positions.
Hedgers (Commercials): 120,000 long positions and 80,000 short positions.
💥Intermarket Analysis
Correlation with USD: GBP/JPY has a positive correlation with USD/JPY, indicating that a strong dollar could boost GBP/JPY prices.
Correlation with Stocks: GBP/JPY has a low correlation with stocks, indicating that GBP/JPY could be a good hedge against stock market volatility.
💥Quantitative Analysis
Moving Averages: The 50-day moving average is at 185.000, and the 200-day moving average is at 180.000.
Relative Strength Index (RSI): The RSI is at 60, indicating a bullish market sentiment.
💥Market Sentiment Analysis
The overall sentiment for GBP/JPY is bullish, with a mix of positive and neutral predictions.
58% of client accounts are long on this market, indicating a bullish sentiment.
💥Positioning
The long/short ratio for GBP/JPY is currently 1.4.
The open interest for GBP/JPY is approximately 200,000 contracts.
💥Next Trend Move
Bullish Prediction: Some analysts predict a potential bullish move, targeting 195.000 and 200.000, due to the interest rate differential and the weak yen.
Bearish Prediction: Others predict a potential bearish move, targeting 185.000 and 180.000, due to the ongoing Brexit uncertainty and the strong pound.
💥Real-Time Market Feed
As of the current time, GBP/JPY is trading at 191.000, with a 1.2% increase in the last 24 hours.
💥Future Prediction
Short-Term: Bullish: 192.000-195.000, Bearish: 188.000-185.000
Medium-Term: Bullish: 200.000-205.000, Bearish: 180.000-175.000
Long-Term: Bullish: 210.000-220.000, Bearish: 160.000-150.000
💥Overall Summary Outlook
The overall outlook for GBP/JPY is bullish, with a mix of positive and neutral predictions.
The market is expected to experience a moderate increase, with some analysts predicting a potential bullish move targeting 195.000 - 200.000.
📌Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
Gbpjpylongsetup
GBPJPY Buying Opportunity - Clear support zone in sightOANDA:GBPJPY is approaching a robust support zone, marked by bullish reversals and stronger buyer interest. The recent bearish pressure has brought the price into this critical area again, creating a potential buying opportunity.
If we get bullish confirmation, I anticipate a move toward 191,350. However, a breach of this support could invalidate the bullish outlook and lead to further drop.
Carefully assess price action at this level and ensure proper risk management before taking positions. What’s your opinion on this setup? Share your ideas or feedback in the comments below!
THIS IS NOT FIANANCIAL ADVICE.
#GBPJPY 4HGBPJPY 4-Hour Analysis
The GBPJPY pair has recently broken above a key trendline on the 4-hour chart, indicating a shift in momentum to the upside. However, to confirm the breakout's validity, it is advisable to wait for the price to retest the trendline, which may now act as a support level, before entering a buy position.
Technical Outlook:
Pattern: Trendline Breakout
Forecast: Bullish (Wait for Support Touch, Then Buy)
Entry Strategy: Buy on a successful retest of the trendline, supported by bullish price action signals.
Traders should watch for confirmation from bullish candlestick patterns, such as a bullish engulfing, or indicators like RSI and MACD showing upward momentum. Place stop-loss orders below the retested trendline to manage risk effectively. Target higher resistance levels for potential gains.
GBPJPY - Look for Continuation Long (SWING) 1:4!GBPJPY isn’t showing any signs of reversal yet, especially following the election of Japan’s new PM and the recent BOE decision to maintain interest rates. Technically, the price appears to be forming a symmetrical triangle, suggesting a potential breakout from the resistance trendline. If confirmed, this could propel the price to the next Supply Zone on the higher timeframe.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPJPY - Look for Continuation Long (SWING) 1:6!GBPJPY has rebounded from the HTF support level, breaking the trendline in alignment with a bullish market structure, indicating strong buying activity. There's currently no sign of reversal. On the HTF, a solid double bottom has formed, suggesting market sentiment may push the price higher. This is further supported by the recent BOJ decision, showing no urgency to raise interest rates, reinforcing the bullish momentum.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPJPY: Ranging But Bias Is Still BullishGJ has been consolidating but I'm still bullish on this pair.
- Last week Bullish Choch
- End of last week new HH
- Beginning of this week new HL
Key Res 192
Key Sup 188.227 - 187.84
As long as price stays above 187.84, I will be looking to BUY.
1st Target 193.75
2nd Target 195
3rd Target 197.5
GBPJPY - Look for Continuation Long (SWING) 1:7!After the recent Yen hike, which was increased after a long period due to the BOJ's negative interest policy, the price pulled back from the HTF resistance. With the latest news of the BOJ planning to cut down the rates, this setup is fundamentally supported.
Let's see if the market is generous enough to deliver what we forecasted. Since this is a swing setup, medium risk management should be followed. Don't put everything into one basket, if you know what I mean. Happy trading!
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GPBJPY H4 Will This Be A Fake Breakout?It looks like there will be something interesting if you look at the trendline on the H4 timeframe. If you draw a line from below, it will be seen that a Fake Breakout has occurred. But if it is a breakout then the decline will reach the 165 area, becoming a strong support determining area to return to the positive trend.
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY
- According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week.
- JPY has become somewhat STRONG as VIX is slightly UP. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a bit of RISK ON BIAS. Therefore, GJ can be BUY in the future.
- Currently, GBPJPY LONG TERM can move up to the LEVEL of 171.000. Also, according to the GBPJPY STRUCTURE, before BUY, you can move up to the 161.60 SUPPORT LEVEL to the RESISTANCE LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Currently, the MARKET is somewhat RISK ON. Therefore, XXXJPY will be a BUY in the future. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
The GBPJPY still bullishThe GBPJPY pair lost the positive momentum after stochastic attempt to exit the overbought areas, to rebound bearishly from 161.00 level and settles near 159.90, while the current rebound is considered as a threat to the continuation of the correctional bullish track due to the stability of the additional support at 158.70.
Therefore, we will keep waiting to gain the positive momentum soon to manage to form strong positive waves and surpass 161.00 level, waiting to achieve the next target at 162.20.
GBPJPY BUYDear Traders,
The overall Monthly and weekly trend for GJ is Bullish.
However, last weeks we saw big volatility and sideway movements, respecting the bullish sentiment though.
Due to the above, I am bullish till the psychological level of 168. It can buy back up to 168.8 in my opinion but I prefer to set
realistic, faster and safer targets.
As usual, I put my SL far away in order not to be hit by some manipulation move.
JPY remains depreciated but we must keep an eye at inflation rate and Trade of balance regarding fundumental release of Japan.
GBP is at the bottom because of tax policy, inflation etc etc etc, but we are approaching the counter attack of BoE for mitigating the recession.
Good luck and I wait for your ideas!!!!
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
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