Gbpjpytrade
A pullback is possible in GBP/JPYGBP/JPY ended the previous week on a bearish note and the bearishness
may continue in the upcoming week as well.
The 156 level is a strong historical resistance for GBP/JPY and thus it makes
sense for a correction to happen from this level.
Watch out for selling the rallies in GBP/JPY possibly near the 155.50 level
with SL above 156.60 and TP at 150.
gbpjpy - the complete setup analysis - great sell opportunity gbpjpy - the complete setup analysis - great sell opportunity
GBPJPY: Sell??This is my favourite pair.
Waiting For Touch Fib 0.5 and entry Sell Soon
If you have any idea leave comment below and dont forget give like.
Thanks
GBPJPY#GBPJPY 30m chart, Impulse entry based on 30m candle break and retest of Resistance turn Support
GBPJPY: Sell Setup IdeaGBPJPY is my favorite pair too.
I have Sell Setup for this pair.
Risk Reward Ratio as chart.
Place SL 10 pips Above Fibonacci 0,5
TP1: 149.600
TP2: 148.539
TP3: 147.220
Good luck
If you have any idea leave comment below and give thumbs up
Thank you
GBPJPY Bullish AgainGJ create hidden bullish divergence in 1h, 2h & 4h also! So it gonna bullish again
GBPJPYGBPJPY - Took entry based on the break and retest of support turn resistance (12 pips SL, 36 pips TP)
GBP/JPY Broke Our Res Area And New Long Trade Available This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPJPY gonna bearish GJ create hidden bearish divergence in 4h. ready for short.
50 pips opportunity
tp 149.74
GBPJPY Trading Idea GBPJPY is in a strong uptrend so in my point of view we need to see a pullback to this area of value and to see some sort of rejection hope you like il be glad to see your opinion about it
I'm still a beginner though if you want to give some advice il be happy.
GBPJPY Gonna Short FOR_SUREGJ Gonna short, Its create bearish butterfly with strong bearish Divergence.
1st TP: 150.70
2nd TP 150.05
GBPJPY Gonna BearishGJ Gonna Bearish, Now In 4h, This pair create strong bearish Divergence!
TP: 149.7xx
GBP/JPY Wait For RetraceThe previous trade I posted on this pair went very well and hit TP. This is now at a large resistance level and has been overbought so I want to see a retrace before taking another position. RSI is showing overbought on daily and weekly timeframes. There is a chance to open a short trade but I will not be taking that trade personally as I do not like trading against the trend.
This could retrace to any of the Fibonacci levels before rebounding but it is worth keeping a close eye on 0.382 Fib as this aligns perfectly with previous structure. If there is a clear reaction to that price level then that may be a good price to long from.
TP can be set at the previous high of 148.296 for a safer trade, as I said this is at big resistance so setting a TP above is risky. If you are willing to take that risk the net target can be 151.666
GBPJPY POSSIBLE SHORT AFTER LIQUIDITY GRABPossible opportunity to go short on GBPJPY, if it shows breaks of structure after reaching 147.741 area or the weekly and monthly highs of 147.785 for a liquidity grab.
GBPJPY Gonna Create Bearish Butterfly GJ Gonna short from 148.7xx Range.
1st TP 146.75
2nd TP 142.85
3RD TP 140.70
Pound/Yen Longs activated - 16Feb2021Please check the chart for the analysis and trade breakdown. Do comment on it with your views.
GBP/JPY Pushing Past ResistanceLooking like weakness in JPY and strength in GBP at the moment which combined should push this higher. We are currently at resistance and price is looking bullish so i expect this to push on. MACD and EMA's suggest this is only going up. Targeting the previous high of 147.961. SL just below support.
GBPJPY Short (Sell) Trade SetupThis is a short term setup as we've got divergence on the RSI and rejection of a key level. We may drop to the green zones for a potential long entry.
