GBPJPYGJ has just tapped into a beautiful Daily Supply Zone! This 15min entry is extremely tight, but it meets my plan! Lets see what happens!
Gj
GBPJPY ANALYSIS FOR JUNE 2022FX:GBPJPY
The monthly chart shows that British Pound very probably will increase in value against the Japanese Yen. As we can see in May the price consolidated and closed above the resistance. In June we can expect the candle to form a bottom wick and continue to go up to fill the wick of April, once it exceeds April's high, it has a free traffic until 172.600.
Another possible scenario is a pure consolidation of the price around that zone. It may drug up and down without decisive direction for a whole summer. However, one a big scale it is very improbabile it will break the bullish trend.
GBPJPY sell ideaI suggest you wait for strong downside momentum and then take a crack at the retest, the arrow will guide you plus I am always available
GBPJPY ideas for the new week.According to my calculations, GBPJPY should make short-term shorts early next week but I expect over all buys unless the candles have something to say about it in the middle or end of next week.
GJ- The Dragon.GBPJPY Monthly charts is showing early signs of an impulsive move upwards, we can try a long with stop under last months pin and aim for a move to the upside, as you can see by the chart, this pair correlates well to the price of Oil, because Japan Imports all its oil, and was actually a reason behind the bombing of Pearl Harbour. Strengthening oil prices due to current world events is leading for serious depreciation in the Yen compared to other major currencies, we are seeing alot of currencies make staggering moves againt the JPY. Buy weakness on lower timeframes to catch some pips also.
GJ LONGA new month in the markets and GJ, Looking for a potential formation of Head and Shoulder on the higher timeframes. But the Recent monthly high gives room for a move to the upside before we see a major retracement throughout the month of June.
GBPJPY - May 31st into June ReviewHello Traders,
Back with another review! We are looking at yens overall for potential reversal with eyes on GJ.
Should price remain below May monthly high 163.800-164.00 zone
We could see more downside correction to the 157 price zone.
this could take a few days or more.
Otherwise, above 164.200 no short trade.
As always, only trade what you're willing to lose.
The Trading Regime.
OANDA:GBPJPY
Classic Break & Retest Play!GBPJPY has been brewing to break to the upside.
Last week it bought out of a consolidation zone and is poised to run it up this week.
With GJ's ADR being upwards of 100 PIP$ this should be a nice ride up town for the low.
Never over leverage.
Trust your trade set up.
Be patient.
Have fun!
GBPJPY Daily Analysis | May 26, ThuA bit different logic here on GJ. Fundamentally we have quite weak Pound and if we look at Japanese futures, we can see they are in a counter-trend correction. For this reason I favour the idea of shorts closer to London open.
Potential short term playUpon break and close of the 15 m price is theorized to run long to the next level.
GJ SELL OFF (1000 pips)Expecting s buy into my supply zone, then a further roll over to 152.100. Risk off!!!
NB: GJ has been in demand for sometime now a nd market has opened a lot of buy orders. After completing my fake buy move a further retrace into my desirable TP.
---Yellow Box: Demand/ Supply Zone
---Red Box: Rejection Zone
---Blue Box: Breakout zone
GBPJPY MAY 23 - 27 WEEKLast week broke a 3 week bearish off force.
Looking forward for long lasting bullish weeks.
Go Ninjaa
GBPJPY SELL LIMIT ORDER GBPJPY Has Grabed the Liquidity Above Multiple highs And Now has Rejected from the Order Block Area. We want the Market to Retest that Area Again And then Fall Sharply
Bearish continuationIf we zoom out to a higher timeframe, it gets clear the overall trend is bearish and current structure is retracement before upcoming continuation to the downside
GJ Boxes + FibGJ finally starting to recover a little from the war crisis with Russia and Ukraine. Refer to purple zones, Fib levels, EMA and fundamentals when making a trade. These are accurate trading zones as seen on chart. I assume a low 156.xx move is incoming and the 3rd touch of the trend line will occur, ,then upward movement as DXY has reached a 20 year long high...
gj sellgj seems to be forming a bearish engulfing or inverted hammer rejection at 51 ema and 618 retracement. rsi is showing bull exhaustion and gj is on a bearish move since last week.
GJ mostly looking bearish at first glace it looks bullish but it is in a down trend so looking for possible rejections to sell from otherwise sell below daily flip
GBPJPY 3H BUYGBPJPY Has Created A Liquidity Pool. SO The Market will Grab Liquidity to the Downside and Then Shoots up.
GJ selling Selling GJ till 15m SWING LOW. Guys I know GJ is on bullish marekt such as on 4H and etc we can trader sells till 15 M swing low
gj sellsell opportunity with gj. massive sell off from 168 to 160, retracement from 160 to163 shows resistance and also created right shoulder on h & s pattern. current price is near neckline and a bullish trend line so we'll either see a break & retest on neckline towards downside or 3 taps on trendline and bullish movement
