GBPJPY SellNew Trade Idea - 1:5 RR *Small Lots* 🚨 (Aggressive Entry)🚨 *Swing Trade*
GBPJPY Sell Now @ 154.690
TP 1 - 154.440 - 25 Pips
TP 2 - 154.190 - 50 Pips
TP 3 - 153.690 - 100 Pips
TP 4 - 153.190 - 150 Pips
TP 5 - 152.690 - 200 Pips
SL - 155.090- 40 PIPS
Always Use Proper Risk Management - Max 1/2 - 1% per trade idea
Gbpjpysignal
GBPJPY Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/JPY
TREND ANALYSIS
We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS)
We have 1 downtrend in yellow that has already been broken only for explanation purposes
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published that were respected.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
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Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBP/JPYThe British pound cratered against the Japanese yen to reach down towards the ¥154 level at the end of the week. That being said, the market is more than likely going to continue to show signs of negativity, as we have closed towards the bottom of the range, and we have seen a lot of negativity in other markets as well. Keep in mind that the pair is highly sensitive to risk appetite, so as long as we continue to see a lot of negative behavior out there, this pair will fall towards the ¥152.50 level.
GBP/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the GBP/JPY for the new week ahead
GBP/JPY continuing on from last weeks trade i can still see this pair falling down lower so only looking for a short
so i will be looking for a pullback to order block zones to take a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please follow like and comment thanks
GBPJPY Descending Channel Pattern.!#GBPJPY Hello trader, I hope are good and safe. Today I opened the chart of #GBPJPY for 15 MIN and analyzed it then I see that this chart has made a DESCENDING TRIANGLE PATTERN, So I hope #GBPJPY will go downside,
Now Nice opportunity for short.
If you have any query then leave a COMMENT, LIKE and FOLLOW.
Keep Supporting And Thank You..
GBP/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the GBP/JPY for the new week ahead
so i am expecting A DECENT CANDLESTICK CONFIRMATION IN the order block zones and will be looking for a SELL trade only if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
GBPJPY | Perspective for the new weekA hawkish BoJ rate hike amidst a strong UK GDP and Industrial Production figures might propel the Yen to new heights as the Pound looks set to end the following week(s) in the trenches.
Technically, with the sight of reversal set-up (triple top look-a-like) at the JY156 zone, It is becoming obvious that the demand zone has lost the momentum to push the price above JY157.5 and the successful breakdown of Key level @ JY156.5 during last week trading session gives a significant clue to the strength of sellers at this juncture in the market. This could be as a result of "quick sell" activities from traders who took advantage of the bullish run... Let's see how it goes!😁
Tendency: Downtrend (Bearish)
Structure: Breakdown | Supply & Demand | Reversal pattern (Triple Top)
Observation: i. With a 5.5% growth in the value of the Pound; It has been a Bullish run in the last 3 weeks and the price appears to have found a peak at JY157.8 - an area that has a memory for selling opportunity (as far back as 2013 - see weekly or monthly chart).
ii. And since price hit peak @ JY157.8, we have witnessed multiple rejections which culminated in a breakdown of Key level @ JY156.5 during last week trading session to signal a downtrend continuation.
iii. The appearance of a reversal set-up in the form of a Triple Top pattern - three peaks moving into the same area @JY156, with pullbacks in between indicates a possible slide in price in the coming week(s) after the price moved below pattern support (key level).
iv. In this regard, I have created a new supply niche around JY156.5/157.0 should the price climb in the early hours/days of the new week with the objective of looking for reversal set-ups for a signal.
v. Below Key level @ JY156.5 remains a comfortable area to open a short position with the option to add to our existing position at a breakdown/retest of JY155.5.
CAUTION: Considering the bullish momentum in the 3 weeks, it is appropriate that we remain open to the possibility of a significant breakout of JY157.5 which shall be enough to negate the bearish narrative... Trade consciously!😊
Trading plan: SELL confirmation with a minimum potential profit of 350 pips.
Risk/Reward : 1:4.5
Potential Duration: 5 to 12days
NB: This speculation might be considered to make individual decisions on the lower timeframe.
Watch this space for updates as price action is been monitored.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
GBPJPY Is Heading Higher In Five-Wave GBPJPY seems to have completed Elliott Wave 3-3-5 regular flat pattern correction in circled wave 4. The wave (c) of 4 perfectly hit 123.6% fib extension + 4-hour order block.
The breach of the green level will indicate that the correction has bottomed and the price is resuming higher in wave 5 of iii.
What's your view on GBPJPY? Let me know in the comment.
Thanks.
GBPJPY 4H Daily OutlookGBPJPY has taken help around 200-H MA and shown a minor pullback. The pound real pared a large portion of its benefits against the US dollar. Any break above 1.3600 affirms further bullishness. The UK has announced one more 141472 day by day cases lower contrasted with the earlier day-case 179756. The intraday pattern of GBPJPY is bullish insofar as help 155.70 holds. GBPJPY hits an intraday high of 157.15and is presently exchanging around 156.83.
Short-term resistance -157.75
Intraday Support- 155.70
DISCLAIMER: ((trade based on your own decision ))
GBPJPY Short SignalHello Traders! for today's analysis, we are expecting to be short on GBPJPY coming this week probably on monday. GBPJPY on the monthly timeframe has mitigated the previous supply zone, and we spotted the break of structure on 1h timeframe to the downside. as you can see the price has been giving us several confirmations to go short; 1. Wyckoff accumulation; 2. Break of Structure. We might enter the trade probably on coming Monday on the 50% mitigation at the previous 1h supply zone shown in the chart.
Signal GBPJPY
Short
Entry Price: 157.394 or 157.319 (as your choice)
StopLoss: 157.482
TakeProfit: 156.086
Good luck traders, lets get it!
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 is in strong resistance. Good time to sell?Since 150 recent low on 20 December, GbpJpy has risen strongly and has gained 600 pips.
At this moment the pair is trading exactly in a strong resistance zone and normally this would be a good sell signal.
However, considering that GbpJpy is a very volatile and, more importantly, a trick pair, I expect a spike up before the drop.
A clear sell signal is given by a new low under yesterday's
GBPJPY 1000+ pip sell?!?!We are seeing a wyckoff distribution schematic forming where he have liquidity to clear below. I think we are at a potential last point of supply and would like to see the price drop over the next few months.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
GBPJPY Entries + Exits The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately.
All likes/comments and feedback are very much appreciated!
How to play my chart:
Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there.
The same exact thing goes for resistance sell/break plays!
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.