Gbpjpysignal
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 15MIN TIMEFRAME ANALYSIS (sell)We sell this pair because of a strong resistance above. The entry and exit levels have been shown on the chart. This is more than an institutional analysis. We know what we are doing and we do what the market is doing. Invest wisely. See you making huge profit in this one.
GBPJPY Is Back For the Retest After the Breakout
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Hi Traders, GBPJPY on H4 Has broken below a major Resistance and now it’s back for the retest. It’s expected to go lower to 148.1
⬇️Sell now or Sell at 149.57
⭕️SL @ 150.41
✅TP1 @ 148.1
✅TP2 @ 146.5
✅TP3 @ 145.05
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GBPJPY H4 TIMEFRAME ANALYSIS (SELL)As you may see on the chart the price is trading below the trendline which means that the trendline breakout has already happened and the price is ready to trade in the downward direction.in addition to that the parallel channel/equal-distance channel is pointing downward as a sign of a major trend reversal. Our aim is to capture the beginning of a new downward trend and that is what we want because it is where the smart money is made. The GBPJPY seems to change its trend direction so we join in early before others notice it. The entry and exit levels have been indicated on the chart. The major key levels have also been drawn on the chart. This is more than an institutional analysis. We know what we are doing and we do what the market is doing. If you have any idea be free to add it in the comment area. Otherwise, invest wisely. Wish you more success.
GBPJPY Has Made a Double Top H1
Welcome back Traders, Investors, and Community!
Hi Traders, GBPJPY on H1 has made a Double Top and rejected by a large red candle which indicates it’s going lower. It can go lower to 151.9
⬇️Sell now or Sell at 152.88
⭕️SL @ 153.31
✅TP1 @ 151.9
✅TP2 @ 151.17
✅TP3 @ 150.20
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
GBPJPY BUYThis is GBPJPY analysis on 1hr timeframe, the market overall is trending to the upside and came down for retracement last week for a sell and this week the market has been moving to the upside, and i'm expecting it to continue to move to the upside from where it is at a moment, this is ITT's technical analysis trade with a good risk management.
gbpjpy 23.06.21 swing idealooking at a swing point, gbpjpy might be ready for the great fall. last week price made its first bearish impulse and we have seen price retracing all the way back completing its retracement (if price is going to drop) and has reached an orderblock. from here we should see price reverse however it would also be best if we could get a fakeout before price drops because that would mean they have taken out some stop losses aiding price to drop more hence why our stop loss is above the high.
GBPJPY Forming Bearing Pattern As we can see on the GBPJPY daily time frame since last December, the Bull keeps the market up strongly, and the Pound was getting stronger than strong against YEN. After the G7 Meeting and Federal Reserve Meting, the Pond is getting weaker slowly. We are going to open a short position from the current price level.
GBPJPYAs i said last weeks ...as I said last weeks GJ has reached 155,600
NOW...If we make a parallel between the chart on a week and one month because the month of May closes we can see that GJ has reached the trend line formed for 1 month and 1 week and from here I expect a withdrawal movement of at least 700-1000 pips if it closes the month below 155,600 ... even if GJ will go up maybe 40-50 pips this week.
I want to mention that the trend line formed by GJ for 1 month is the most perfect trend line we have ever drawn and I expect it not to be exceeded at all ...
THIS WEEK...as I said last week ... GJ has reached the trend line and strongly rejected ... which I still look forward to.
Even if he can make another range, I expect GJ to go down the steps to area 148 ... and from there I'll reanalyze!
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*This information is not a Financial Advice.