GBPJPY Risky Short! GBP-JPY is going up to retest
A horizontal resistance level AT 164.204
From where I am expecting
A local move down
Towards the Target level at158.244
Gbpjpysignal
GJ shortd;bearish
4h; broke the s/r zone and its testing it
bearish trend line
broke previous LL
bellow the ema's
1h; looking for price to go bellow the ema's with a momentum candlestick and that would be my entry.
stops; above LH swing.
target; next s/r zone
risk; 0.5%
RRR:3.1 mini
GJ shortd/4h
bearish trend
bellow 50/20 ema's
broke previous structure.
now I am only looking for a break of structure and s/r zone with a 4h engulfing candle then imma go down to the 1h to look for an entry
Huge loses for GBPJPYThe bears took control since Friday and they will look to push prices further down.. Initial support spotted at 159.449. We wait and see
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS- FLASH PMI DATA S for GBP is due out today. They will have a huge impact on GBP. It will be somewhat important to us. Then we wait for the change in GBP. This week is nothing special for JPY. So the JPY MARKET goes through the SENTIMENT.
- GBP FEATURE is currently at 1.2902 LEVEL. Also the JPY FEATURE stays at 0.0078 LEVEL. GBPJPY PRICE has dropped on DYNAMIC S / R LEVELS. So most likely the PRICE will be slightly UP in the future. But the MARKET SENTIMENT must be POSITIVE if you want to BUY GBPJPY.
- Currently STOCKS are getting somewhat DOWN. And VIX is getting a bit UP. Also COMMODITIES OVERALL DOWN. It's something special. Also BONDS PRICES are a bit GREEN. Also BONDS SPREADS are DOWN. There is currently no CLEAR DIRECTION in the MARKET. Maybe today's Friday because it's MARKETS CORRECTION. Currently the market has a NEUTRAL BIAS.
- GBPJPY PRICE can be DOWN to 164.275 LEVEL before UP. Then you can DOWN to 170.027 LEVEL. Focus on breaking the TREND LINE. The VIX INDEX is also special.
GBPJPY top-down analysis Hello 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 ( CONSOLIDATION)Hello, currently we are at a foundation level on the weekly chart as seen above, in the chart which usually indicate consolidation if you are to move to the lower time frames you will see that price has been consolidation. You can always trade within consolidation, although always have enough confluences to place a trade to avoid L's. This means you can take and opportunity of both bulls and bears. But you have to always decide a team which means looking the type of trend you want to hope in.
SIDE NOTE: PRICE ALWAYS MOVES IN THREE WAYS , IMPULSE, CORRECTION AND CONTINUATION.
JESUS LOVES & AND DIED FOR YOU<3
Sell GBPJPY on ralliesGBPJPY trades lower on the weak Pound sterling.
Technicals:
On the lower side, immediate support is around 161.40,
It is good to sell on rallies around 161.80-85
SL 162.35
TP of 160.
GBPJPY bullish trend a minor sell-off.GBPJPY has halted its four days of a bullish trend and showed a minor sell-off.
Technicals:
On the lower side, immediate support is around 161.40,
The minor resistance to be watched is around 162.30, a break above that level confirms intraday bullishness, and a jump to 164 is possible.
buy on 161
SL 160
TP of 164
GBPJPY gained more GBPJPY gained more than 100 pips yesterday on a weak yen.
Technicals:
On the lower side, immediate support is around 161.50,
The minor resistance to be watched is around 162.20, a break above that level confirms intraday bullishness, and a jump to 164 is possible.
good to buy 161
SL 160
TP of 164.
GBPJPY top-down analysis Hello 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 Down Trend.!#GBPJPY Looking for Sell trade setup as I mentioned in the Chart.!
Keep Supporting LIKE, COMMENT And FOLLOW.!
Thank You.!
GBPJPY Sell on ralliesOn the lower side, immediate support is around 159, any breach below will drag the pair to the next level to 158/157.75.
TP of 158.
GBPJPY - Short Ideathe marked area is the interesting zone to watch for Short this pair, there are few confluences lining up in the marked area.
Short this pair on the proper confirmation in the marked area with proper risk / money management.
GBPJPY reversal incoming! But buys are still strong. Be carefulThere is a box in the chart which are looking to make or break on the upcoming price of this pair. The room for reversal are big on Daily Chart but not that big on 4H chart, so be careful. A good selling opportunity if it breaks but the buyers are strong as well at the moment. NFA!
GBPJPY Hold Major EMA GBPJPY was one of the best performers this week and surged more than 400 pips on weak yen. The pound sterling regains 1.3200 and markets eye UK retail sales for further direction. Any breach above 1.3300 confirms further bullishness. The intraday trend of GBPJPY is bullish as long as support 159 holds.
GBPJPY fish is swming to the upside!!Hello 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 has formed a Fish pattern!!GBPJPY is showing strong bullish momentum in all timeframes. Currently, it is over daily and weekly resistance and already tested once as support on the daily timeframe and formed a Doji.
If this instrument opened with a gap to the upside tomorrow, we may see an aggressive move to the upside. Or we may see another retest of the daily resistance( 156.05) as support and may start to move up.
On the other hand, If it is a false breakout to the upside, we may see a big candle to the down. If so, we will wait for a retest fo the broken resistance ( 155.80)and will look for short.
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Thank you.
GBPJPY Will Go Higher !!GBP-JPY broke out of the falling channel
And because the pair is oversold
I bullish move up is to be expected
With the target of retesting the supply level above (156.6)
GBPJPY Hrly long | Algo training GBPJPY hrly long
⚠️ GBP news, half risk
buystop @ 154.848
TP #1 @ 155.030 72.73% wr
TP #2@ @ 155.485 50.91% wr
SL @ swing low 154.063 23.64% hr
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GBPJPY Hold Major EMA GBPJPY regained above 154 on weak yen. The minor pullback in Pound sterling also supports the pair at lower levels. Any breach above 1.3050 confirms further bullishness.
