Gbpjpysignal
GBPJPY 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 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 possible buy zone!!GBPJPY (4H) has formed a strong bullish engulfer with a liquidity grab from the monthly support zone. At the same time, there is an inverted head & shoulder have formed on the 4H timeframe. This market is long-term bullish and there is a high probability that GBPJPy continues to rise from this zone to continue it's long-term uptrend.
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DeGRAM | GBPJPY bearish opportunityGBPJPY is pulling back to the resistance zone after a sell off.
Price action is moving in a descending channel and it's likely to test the resistance level.
Again look left structure leaves clues.
We expect test resistance level and higher border of the channel which acts as trendline.
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DeGRAM | GBPJPY bearish opportunityGBPJPY is consolidating after a sell off.
The market created a box. Price action usually pauses before breaking out and going further down.
We expect test support levels.
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GBPJPY is about to fly to 172.500 '' long term'' we have previously shared our analysis for pound yen where we expected a drop from 164.200.
we are closing our sell positions now with 400+ pips and placing buys from 159.670
SL & TP are shown on the chart. please use proper risk management and remember it's a long-term trade that could take up to 1-2 months.
GBPJPY 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 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 possible sell zone!!GJ ( 4H) Has formed a head & shoulder on the monthly resistance and has broken down. As the monthly close, the price shows a reversal pattern likely to drop to the monthly support zone. On the test of the neckline of head & shoulder, we may sell!!
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