Gbpjpyprediction
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIASCurrently, GBPJPY is going down a bit due to MARKET RISK OFF. We expect GBPJPY to go UP again.
Anyway, that PRICE can fall on the SUPPORT LINE on the GBPJPY chart again. After that the MARKET can go UPSIDE. You can definitely buy at the GBPJPY 168.69 level. For that, MARKET RISK should be ON.
But we can sell GBPJPY up to 158.60 LEVEL according to the STRUCTURE. The reason for that is the idea that the MARKET SENTIMENT in the OVERALL MARKET will be RISK OFF in the coming days. We must pay attention to MARKET SENTIMENT.
GBPJPY SELLS w; bullish but its been rejected from the same resistance twice so I am expecting some bearish moves
d; ranging
4h; ranging
for any shorts ill be looking for the price to break the range zone, the previous HL, the s/r zone with a momentum candlestick, and below the ema's 50/20
1h price action confirmation and below the ema's
GBPJPY IS FALLING - SELL !!Hello traders,
Yesterday we shared analysis on the potential short opportunity for GBPJPY, the trade is playing out exactly as anticipated.
Expecting greater momentum to the downside to the specified target (159.00) .
Let me know if you have any questions below.
God bless,
ETGL TEAM <3
gbpjpyGbpjpy pair gonna falldown to find strong support. All the support zone are already tested so it's time to break recents support zone and make new low. As we can see there is flag pattern already break and went up for supply. Now price is at supply area and start to reject. Best price for sell Gbpjpy pair.
GBPJPY (1W)Currently, price is resting on a critical area where it has tested for resistance several times, and its next to a foundation level which means consolidation. More so, on minor structure fib level is at0.00% and it already hit 0.00%. TP1 and major structure its at 61.80% and 0.00%, although price broke through a minor trend-line , pushed up so i want to see that same bullish momentum. Though during the beginning of Asian session we may have some bearish momentum then continuation with bullish momentum. But wait for it to break through that resistance zone, and foundation level but expect it to move up to the 170
GBPJPY Sell Set UpThis is my chart with new zones marked up as well at the trend line touches showing lower highs! I'm looking to sell GJ based on my analysis above. HOWEVER, GJ, can very well restest the 168.3 zone. I'll react to what the market gives me but for now, I'm looking to sell the restest of the neckline in the Head and Shoulders pattern. I'll take what the market gives :).
GBPJPY (240) BREAK AND RETEST.hello, currently looking for a break and retest of that minor trendline price is currently near at. More so, its near a resistance zone which has been tested previously, before. Thus this is a critical area, more so its near 61.80% which stands for reversal. Although most times when price is around an are with zones, trendlines etc, it tends to consolidate before making a big push.
Overall i want to see price break that minor trendline retest it again or a zone before the big push.
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GBPJPY and EURJPY top-down analysisHello 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(15)Hello, currently I want to see GJ keep pushing to the upside once you see a pair having a strong push up it’s really hard for it to break momentum as it’s strongly bullish, I want to see it break the 169, 170 mark. But for now let’s watch it move it to TP2 , TP3. -27.00% TP2 and -61.80% TP3. As it already hit TP1 0.00%
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