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Gbpjpysell

GBPJPY at Key Resistance Level: Will it Drop To 192.000?OANDA:GBPJPY is currently trading at a key resistance zone, where sellers may regain control. This level has been a strong area of interest in the past, suggesting the potential for another bearish reaction if sellers step in. If the price confirms rejection from this zone, a move lower toward 192.000 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls. Traders should monitor for bearish confirmation signals, such as bearish engulfing candles, long upper wicks rejecting the resistance, or increased selling volume before considering short positions. Let me know your thoughts or any additional insights you might have!
Short
by DanieIM
12
"GBP/JPY Short Trade Analysis – Successful Take Profit ExecutionThis is a GBP/JPY (British Pound/Japanese Yen) 1-hour chart from TradingView, showing a short trade setup with take profit (TP) levels and stop loss. Key Observations: Entry Point (Red Arrow) The trader appears to have entered a sell (short) position at a resistance level, marked by the red arrow. Price was likely rejected at this level, signaling a potential downward move. Stop Loss (Red Box - Upper Zone) The stop loss is placed above the entry point, at 192.386. If the price moves above this level, the trade will be closed at a loss. Take Profit Levels (Blue Lines) TP1 (~190.750): First target for partial profit-taking. TP2 (~190.000): Second target for further downside move. Final TP (~189.275): If the price reaches this level, the trade will be fully closed in profit. Trade Outcome The chart annotation suggests that all TP levels were hit, meaning the price successfully moved downward after entry. The trader made a successful short trade and secured profits. Market Structure & Strategy: The price initially moved up, but failed to break resistance, leading to a bearish rejection. The trader likely identified this as a liquidity grab or false breakout, then entered a short position. The price dropped and hit all take profit levels, confirming the trade's success. Conclusion: This was a well-planned short trade with proper risk management. The risk-to-reward ratio looks good, with potential reward outweighing risk. The trade was executed based on technical levels (support/resistance) and price action.
Short
by KingProTrader
GBP/JPY +100 PIPS 0 drawdown , Did You Enter ?Now our trade running in +100 Pips 0 Drawdown , and we have a very important news tomorrow , so be sure to book your profits and secure your trade before Tomorrow News . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Short
by FX_Elite_Club
GBPJPY - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast: While the price is below the resistance 199.790, resumption of downtrend is expected. We make sure when the support at 182.782 breaks. If the resistance at 199.790 is broken, the short-term forecast -resumption of downtrend- will be invalid. Technical analysis: The descending flag taking shape suggests we will soon see another leg lower. A peak is formed in daily chart at 198.945 on 12/30/2024, so more losses to support(s) 191.884, 189.477, 186.231 and minimum to Major Support (182.782) is expected. Take Profits: 196.006 193.510 191.884 189.477 186.231 182.782 178.409 Total Profit: 3204 pip Closed trade(s): 1584 pip Profit Open trade(s): 1620 pip Profit Trade Setup: We opened 8 SELL trades @ 196.68 based on 'Peak' entry method at 2024-12-30, signaled by DTO. Closed Profit: TP1 @ 196.006 touched at 2024-12-31 with 67 pip Profit. TP2 @ 193.510 touched at 2025-01-09 with 317 pip Profit. TP3 @ 191.884 touched at 2025-01-13 with 480 pip Profit. TP4 @ 189.477 touched at 2025-01-17 with 720 pip Profit. 67 + 317 + 480 + 720 = 1584 pip Open Profit: Profit for one SELL trade is 196.68(open price) - 192.632(current price) = 405 pip 4 trade(s) still open, therefore total profit for open trade(s) is 405 x 4 = 1620 pip __________________________________________________________________ ❤️ If you find this helpful and want more FREE forecasts in TradingView, . . . . . Please show your support back, . . . . . . . . Hit the 👍 BOOST button, . . . . . . . . . . . Drop some feedback below in the comment! 🙏 Your Support is appreciated! Let us know how you see this opportunity and forecast. Have a successful week, ForecastCity Support Team
Short
by ForecastCity
12
GBP/JPY Made H&S Pattern , And It`s Confirmed , Let`s Sell It We have a very clear head and shoulders pattern here and also the price closed below neckline , so we can wait the price to go back to retest neckline and give us a bearish price action and then we can enter a sell trade . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Short
by FX_Elite_Club
1
GBPJPY Sell/Short Signal 2In continuation of GBPJPY downtrend we have officially smashed through the first TP without any issues and a smooth come down on what we have seen in previous days highs that could not sustain. I still see this going down to the second TP then go all the way down to the third TP completing the entire targets range we have analyzed to make. Please be sure to use proper risk management and as well proper caution on how much you leverage for all your trades. Thanks for stopping by to see our charts!
Short
by KingTraderFX
GBP/JPY TRADE ALERT! GBP/JPY TRADE ALERT! Potential Trend Reversal Ahead! Current External Trend: BULLISH Do you agree with our Daily Time Frame Forecast? Market has given a CIDS (Candlestick Inside Day Setup), we'll enter after retesting CIDS. Get ready to trade! Potential Trend Reversal Ahead! Current External Trend: BULLISH Do you agree with our Daily Time Frame Forecast? Market has given a CIDS (Candlestick Inside Day Setup), we'll enter after retesting CIDS. Get ready to trade!
Short
by twb1122