GBPJPY Analysis 26July2023Seeing the correction of this pair in the last 3 days has not shown a sign of correction will end. There is a possibility of complex correction with the composition of zig-zag wave. There are several limits where the price will return to bearish if it passes through a particular area.
Gbpjpytrade
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 Setting up for a ShortThis pair has been on my watchlist for the past few days and seeing it has broken through the most recent support level 182.015, I would love to see a retest of same level and then a rejection before I take the position.
Here was what I posted some few days back
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
🚨 GBPJPY HIGH PROBABILITY SELL SETUP SOON 🚨🚨 GBPJPY HIGH PROBABILITY SELL SETUP SOON 🚨
* Here we can see clearly the next potential move for
Pound/Yen in coming hours.
* EP(SELL): 183.577
* EP(SELL): 183.293
* TP1: 182.413
* TP2: 182.221
* SL: 184.001
* Keep your eye close on your trading positions.
* Happy pip hunting traders.
* FXKILLA *
GBPJPY Forecastif you look at this pair at a glance, it looks like there is an opportunity to short, because the price has broken out of the trendline. it is better to wait a while, if the price can go down deeper than the blue line below, then the price will most likely go to the SnD area. this analysis is valid as long as the price does not rise back more than the invalid area.
GBPJPY Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 11June2023a bullish trendline has been formed with 3 areas touching, in my opinion the price will rise quite high in the medium term. the initial target is fibo extension 1. where the length of wave 5 is equal to the length of wave 3. the price can be said to be bearish when the price can go down through the bullish trendline. the best option right now is to look for a moment to go long.
GBJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 8/5/2023Price currently ranging in between the resistance at 170.856 & support at 170.185 while also forming possible uptrendline.
Now if price closes above the resistance then we can expect price to continue pushing up to the next resistance at 171.950 & if price closes below the support then price might continue to the next support at 169.426.