Gbpjpyshort
GBPJPY SETUP Hello guys,As we see gbpjpy is moving bullish and now has reached near to its major daily resistance (167.677 )and there is really good sell opportunity. But as always remember dont enter right now wait until it gives confirmation on daily time frame which i think most probably it will give us at the end of this week or the start of next week than you can enter sell and you can get atleast 300+ pips . Enjoy the profit if you are having any difficulty let us know we will be happy to help you
GBP/JPY about to reach Resistance level, should you sell?After hitting the dynamic support level last week, GBP/JPY has rallied quite strongly. Price is currently
just below the resistance level and looking at the momentum, it seems GBP/JPY has a high probability to
reach the resistance level that I have highlighted in my chart.
Traders should adopt a "wait and watch" approach for now and see the price action at the resistance level.
If we see some bearish price action with rejection candles at the 166.40 level, traders can consider selling.
Probable Trade Signal
Sell GBPJPY@166.40
Stop Loss(SL): 167
Take Profit(TP): 163.51
The above signal will be valid only if bearish price action forms at the mentioned resistance level
GBPJPY - SHORT Low Risk 1:87 RR GBPJPY it's in a big divergence on the 3M / 5M Chart with the AO and RSI. Chart points towards an uptrend, but the other indicators are showing a big berish movement.
Dear trader this is not financial advice is just my own analysis.
Follow the Sell Area and always use SL.
Let me know if this helped.
GBPJPY daily rejection at 164.68 since Dec 2022Looking at the price chart, we can see price has done a Change of Character, and it is currently pulling back so it can go for a Break of Structure.
I am anticipating the reversal of the pullback at 164.50 - 164.74 region because :-
i. We have an Order Block yet to be mitigated in that region.
ii. We have 50% Fib Retracement level of wave A at 164.60
iii. We have a Trendline Liquidity around that region
iv. Looking at the upward correction from 162.78, it resembles a Flag
v. Looking at the Daily chart, I observed that we don't have any candle close above 164.68 since December 21, 2022, which I refer to as a Resistance/Supply zone.
In summary, we have a small buying opportunity from 163.80 - 164.65 but I would recommend looking for selling opportunities instead because no candle had closed above 164.68 yet on the daily TF this year and I don't think it would be happening yet due to the confluences of selling signals we have.
I would love to hear your thoughts 🤔, feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
Possible GBPJPY Short Levels -4HGBPJPY is showing possible bearish sentiment with recent price action. Price has reached HTF supply zones and is reacting bearish. Price is also making lower highs and lower lows on the LTF. There is a possibility that price may go fill the imbalances before making the real bearish move. This is just an analysis, Trade at your own risk. Watch for the bank manipulation before heading in it’s true direction.
GBP/JPY Second Sell EntryIf you made money from the other entries I'm very happy for you. If you missed it or want to add on, I believe this setup to be an opportunity. I think this can still go down further but equally think there is still upside later down the road. For now it's looking to go down further and if it does, my 2nd entry zone seems to be the less riskiest and where I see price likely to turn. FX:GBPJPY
GBPJPY: Buyer - Win!!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
Note: Note: Full TP, SL for winning the market and safe trading!
GBPJPY- A MASSIVE SELL OPPORTUNITY Dear Traders, hope all of you are doing great, we have 900= pips selling opportunity on GBPJPY, currently we had change of the character and price is bearish since last two days.
There are two areas that we are targeting at the moment labelled as 'selling zone 1' and 'selling zone 2'. Remember if you are entering, enter with stop loss not more than 40+ pips which applies to both entries.
Good Luck and Please do like and comment! :)
GBPJPY top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.