Price is approaching a strong resistance area. so we monitor and see how it plays out
Hello dear trader or investor Today we share Gbpjy chart it's look for sell it's our perdition what's you think about it
🔰 Pair Name : GBP/JPY 🔰 Time Frame : 4H 🔰 Scale Type : MID Scale 🔰 Direction : SELL GBP/JPY has experienced a bullish run in recent weeks, leaving significant liquidity and market imbalances in its wake. This week, the price broke above the upper trend channel on the daily chart, indicating a potential shift in direction. Currently, it appears that the price is...
Hello Traders! Here just trading London session. Looking for buying opportunities below M.O.P and below Asian Low. Most dynamic moves occur below these two areas of reference.
I Think we could see the GJ move down towards the the 153 level today. news dependant, but also could go further entry - 154.2 stop - 154.7 t/p - 153 ( maybe adjusted)
Price reached an bearish OB AND REacted from and heading to it’s bias sell to the chart levels .
This is GBPJPY on the 1HOUR timeframe trending downward, Price broke a support area and psychological key level of 159.000 we would wait patiently for a possible retest of broken structure(support) and candlestick confirmation for a SELL or Break above for a BUY WE REACT TO WHAT WE SEE WATCH OUT 1. Retest of broekn support 2. Price action candlestick 3....
GBPJPY has bounced from horizontal level and moving upside. We are expecting it will make a new high and rising trendline will give a good support to it. Alternatively, breaking the horizontal level and rising trendline will bring bears into the party. Trade your levels accordingly
The probability of going down the price is more than coming up as you can see on the chart.
GBPJPY keeps breaking structure to the downside. Validating the OB on 15min and H1
GBPJPY Major Downtrend , Current Uptrend ( Retracement ) So find Short Position Only. Entry 1 - 151.25 Entry 2 - 151.85 TP 1 - 150.80 TP 2 - 150.50 Tp 3 - 149.50 TP 4 - 149.00 SL - 152.25 This is not Signal . Thank you
Formed a double bottom pattern, and has crossed the neckline. hope this helps, keep doing your own analysis. thank you
Don't be an impulsive trader and look to get in immediately at market open, wait for strong bullish confirmation. I believe a buy trap will form around the region marked, I will be waiting to get involved lower at the ideal buy zone marked.
GBPJYP market is moving in the bullish channel and will go sell. After hitting strong resistance
RESISTANCE TESTED TWO TIME AND NOW THE THIRD TIME CANDLES ARE REJECTING AND SHARK HARMONIC PATTERN COMPLITED TAKING SELL TRADE
-retest of the previously broken resistance which is now support -0.618 fib retracement -respectable ascending TL -SMA 50 to support the bullish trend
Just a quick trend analysis. Nothing special but with the right amount of patience, could be some profits if the structure and the trend lines are respected... That's why we love GBP pairs right?!