GBPJPYWith all 3 waves out of 5 correction waves, I expect the price to rise after the specified level for wave 4
Gbpjpysetup
GBPJPY { UPDATES }Generally speaking was expecting to buy GJ but like i said it was just a pullback then the price violated the structure meaning we are now in a bearish from the h4 perspective
GBPJPY Analysis and Trade IdeaGBPJPY has worked its way into a Monthly Supply Zone. A reversal here, would make for quite a trade to the downside.
There was a break of structure to the upside, making for a HH. A return to impulse is expected to follow, to make the HL.
GBPJPY AND GBPAUD UPSIDE OPPORTUNITYLooking for possible trades from a supportive area on GBPAUD and positions taken on GBPJPY like I explained yesterday... Risk Reward is key to becoming a consistently profitable trader.
GBP/JPY Full Analysis And New Long Setup After Daily Closure 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
GBPJPY SellThis is my idea on GBPJPY pair.
Fibo 0.618 retracement
What do you guys think?
Good Luck Everyone.
GBPJPY idea GJ prediction for 270pips if price will reach 148.900, than will test the POI and will fly
GJ short scenarioShort setup based on liquidity grab and structure break. Price is attacking buy-side liquidity while engineering sell-side liquidity to attack later. Use a LTF confirmation in the indicated price range.
GBPJPY PREPARING TO GOING DOWN As you can see, gbpjpy closed under 153.70.
After retesting 153.70 to 153.75 it will gain momentum for selling.
A close below 153.45 can be expected for safe selling.
Non-farm payroll, which will be announced tomorrow, could determine the strength of the pair.
GBPJPY: A BET ON THE SAFE HAVEN.The Japanese Yen is considered a safe haven currency as it tends to hold its value or even increase during periods of risk aversion.
Yesterday, the pound-yen splintered its 4h bullish market structure (Bullish MS: a series of higher highs and higher lows in the markets), plummeting over 0.91%. Being reactive is waiting for prices to retest and fail to break a key resistance zone at 151.90 - 152.00.
For a short swing trade, set target 1 at 150.60 and target 2 at 149.50, stop loss should be 30 - 40 pips above entry level.
Apply proper risk management.
Hope this helps!!
GBPJPY longIF we see a cute green candle close on the daily chart, then I'll be looking for a long position going to the daily resistance in green then after that we might see some kind of reversal back to the bottom. Please let me know what you think in the comments.
GBPJPY: AnalysisLooking Bearish to these eyes. Bearish momentum after a macro trend break.
Check the video, and leave a comment. I would like to know if you agree or disagree, and why.
GBPJPY Bearish Idea (D1 Timeframe)In the few days, we have seen some JPY strength! Some pairs with JPY as secondary currency were in a bearish trend for the last few days, a good example of them is CADJPY and EURJPY!
The same scenario we can see in GBPJPY!
Currently, this pair is in a bearish/downtrend structure. Not just that, on a daily timeframe, we can see that price is at 78.6% Fibonacci retracement level!
Even though the Friday daily candle indicates that still bulls are powerful but Monday price action on a lower time frame i.e. H1 and H4 will play a great role to determine the direction bias on this pair!
As far as higher timeframe goes there's a possibility that we might witness some GBP weaknesses in the coming week!
Trading Idea Regarding GBPJPYAccording to my Analysis GBPJPY is in UPward Parallel Channel Chart Pattern, Which is Confirmed by RSI Indicator
GBPJPY Perfect Uptrend Hello Mate
GBPJPY Perfect Uptrend but in trading, there is nothing perfect but there is a good opportunity for long.
Good Luck.
Thank you For your Support.
GBPJPY Buy Analysis We are buying GBPJPY, going with the bullish trend. Although from our last analysis, we were expecting a break of the triangle penant, we buy from the consolidation already.
GBPJPY SwingSell positions will be triggered upon trendline violation. Mind you this is a weekly chart.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Exercise proper risk management.
#TradeLikeMagnatrio
GBP/JPY Full Analysis And New Long Setup To Catch 200 Pips !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
GBPJPY LONG TRADES IN SIGHTLooking at buy positions on GBPJPY, getting very interesting at that support area! Remember risk reward and risk manage!!!!
