GBP/JPY Free setup Is Ready Now Don't Miss Itthe price is standing at a pretty strong area of resistance that might push the price downside
Gbpjy
GBP/JPY Is Going Down! Short!
Hello,Friends!
We can see that GBPJPY is about to fall
Based on the current price action
Overall, the market sentiment is bearish right now
And I can see smart money entering shorts
So we will sell too!
Like and subscribe and comment my ideas if you enjoy them!
GJ swing analysisTook daily/4H High out. Might just continue lower to fill the next zone at this point but potential short on the premium side of the dealing range.
USD/CAD : Perfect cup and handle patterns Hi all ,
as we see in the chart
there is a strong buying pattern on the USD/Cad pair on the daily time frame
, so it"s a good opportunity to long d'ont miss it .
GBPJPY, break above resistance could see further upside |24 SepPrice is testing resistance where a break above this level could see a further push up.
GBPJPY under bearish pressure, potential for further drop!GBPJPY is facing bearish pressure and a break below its downside confirmation at 136.539 where it could potentially drop further to 133.992.
Trading CFDs on margin carries high risk.
GBPJPY remains under pressure | 9 Sep 2020Price is facing bearish pressure from our Ichiomku cloud and 20 EMA where we could see a further drop .
Breakout Identified in GBPJPY
The Breakout Opportunities system has just sold GBPJPY at 142.266. The system recommends entering this trade at any price between 142.014 and 142.417. The signal was issued because the GBPJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.627, suggesting that the GBPJPY may have further to fall. A stop loss has been set at the 24-hour high of 142.869 and a profit target has been set at the 1 Day ATR level at 141.26. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance.
Signal ID: 70581
Time Issued: Thursday, 13 February 2020 04:55:15 GMT
Status: open
Entry: 142.014 - 142.417
Limit: 141.260
Stop Loss: 142.869
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Past Performance is not an indicator of future results.
GBPJPY broke out of support, potential for further drop! GBPJPY broke out of our first support where we might see a further drop in price to our first support level. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
GBPJPY appproaching resistance, potential drop! Price is approaching our first resistance where we might see a drop to our first support.
GBPJPY under bearish pressure, potential for reversalPrice is approaching our first resistance (horizontal swing high resistance, 23.6% Fibonacci retracement, 61.8% Fibonacci extension) where we might see a corresponding drop to our first support level (horizontal swing low support).
Ichimoku cloud is also showing signs of bearish pressure, where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPJPY approaching resistance, potential drop!GBPJPY is approaching our first resistance at 140.58 (horizontal pullback resistance, 50% Fibonacci retracement, 100% Fibonacci extension) where a strong drop might occur pushing price down to our major support at 135.88 (50% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPJPY approaching resistance, potential drop!GBPJPY is approaching our first resistance at 149.30 (horizontal swing high resistance, 100% Fibonacci extension, 61.8% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 140.80 (horizontal swing low support, 50% Fibonacci retracement).
Stochastic (89,5, 3) is also approaching resistance where we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPJPY approaching resistance, potential drop!GBPJPY is approaching our first resistance at 148.39 (long term descending resistance line, 100% Fibonacci extension, 61.8%, 50% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 145.59 (horizontal pullback support, 38.2%, 50% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance and a reaction below this level might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
GBPJPY Approaching Support, Watch For A BounceGBPJPY is approaching support where we expect a bounce.
Buy above 143.08. Stop loss 141.21. Take profit at 146.20.
Reason for the trading strategy (technically):
GBPJPY is approaching our support at 143.08 (Horizontal overlap support, 78.6% Fibonacci retracement, 100% Fibonacci extension) where we expect price to bounce above this level to our resistance at 146.20 (horizontal pullback resistance, 100% Fibonacci extension, 50% Fibonacci retracement).
Stochastic (55,5,3) is also seeing a bullish divergence and is approaching its support where a bounce off this level will see a corresponding rise in price.
gbpjyp the visual observation of rising intensity contrast downdue to the visual observation of rising intensity contrast down,short it in the 5th wave
