GBPJPYYes that's it we got the harmonic bearish bat pattern so enjoy the entry with proper risk management
Gbpjpyshort
GBP/JPY Short from H1 OrderBlockEntry: 167.62
Reason: global downside ChoCh + Fibonacci premium zone + Imbalance + OB mitigation
SL: 168.35
Above the swing high + OB
TP: 164.05
OB to the upside + trendline liquidity
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 JPY STRONG, GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week.
- JPY has become somewhat WEAK because VIX is slightly DOWN. Due to this, STOCKS and XXXJPY CURRENCY were slightly BUY. GBPJPY also became BUY because of that. But now there is a RISK ON BIAS. Therefore, GJ can be BUY in the future.
- Currently GBPJPY LONG TERM can move up to the LEVEL 173.00. Also, according to the GBPJPY STRUCTURE, before BUY, you can move down to the SUPPORT LEVEL of 162.56 to the SUPPORT LEVEL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. A BOJ INTERVENTION MAY NOT HAPPEN AGAIN. Currently the MARKET is RISK ON. Therefore, XXXJPY should be BUY. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
🔴 GBPJPY - 4H (09.11.2022)🔴 GBPJPY
TF: 4H
Side: Short
SL: ¥169.434
Entry: ¥167.844
TP 1: ¥166.740
TP 2: ¥165.075
GBP is losing strength so it's time to start selling it.
GBPJPY - Short from bearish orderblock ✅Hello traders!
‼️ This is my analysis on GBPJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish orderblock.
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GBPJPY Sell setupThis is for short term
And this is risky too.
Please DYOR before entering the trade.
Sell GJ at the end of current 30min stickAs ypu can see, price has tested a resistance 4 times, with multiple small double tops, price has finally broken out the bottom of the flag channel that it has been in all week.
We have broken below, retested the support as a resistance, if the current stick ends bearish its a sell. Further confirmation is the rejection off the 200ema
GBPJPY Short Trade FX:GBPJPY
Hello Traders! Here is my analysis for GBPJPY.
I wait for a rejection on the resistance line as in the 4H timeframe we are on a downtrend!
Closed yesterday's trade with 100 pips in profit and here we go again!
Share your opinion in the comments and like if you agree!
GOOD LUCK!
GBP/JPY Short Opportunity - NOVEMBER RECAP
BREAKEVEN SETUP:
SL hit at BE
Price created resistance and printed bearish pinbar RT 50 ema - looked for downward momentum.
Trade Idea GbpjpyWatch the break of the current correction
Once Correction Breaks,enter with Sops above the correction
Target :160 (650) Pips 158 (850)Pips
Goodluck and always use (Proper Risk Manegment)
GBPJPY Short FX:GBPJPY
Hello Traders! Here is my analysis for GBPJPY.
I wait a rejection on the resistance line as in the 4H timeframe we are on a downtrend!
Share your opinion in the comments and like if you agree!
GBPJPY SellThere is a nice sell trade. It broke structure in 4h and daily and got confirmation in 15m. So, GBPJPY Sell opportunity based on price action.
GBPJPY short entryAt the moment i am just watching to see if it can hit 167.028 before i short with a tight sl then 164.717 will be my first tp and my 2nd tp will be 161.058 but tp probably wont hit till next week so that might be a swing if it break below 164.717
