GBPJPY sellbased on market structure, GJ has become bearish, giving potential to the downside, based on technicals and smart money concepts. Two entries have been given. Second entry has a higher stop, giving space to the trade.
Gjshort
Look for Short entry on GBPJPYWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
Look for Short entry on GBPJPYWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
is the GJ bull run over?good morning traders, today i am having a look at the pair gbpjpy. i have noticed that this pair has come to meet a very sensitive supply zone and i would be looking to go short if there is a drop off in value and there is a clear rejection from the supply zone.
GBPJPY LongsWeek 33
Over all Bullish continuation expected.
Possible Short starting into the week before going higher and tapping that 140 level
Amazing Sell Opportunity For GJ... ⚠️ GBP/JPY ⚠️
Literally my favourite pair, it can make or break your account.. trust me I know.
GJ has made a double top on the 4HR, 1D, 1W time frames, you can see there was a similar reaction at the beginning of June too, before it pushed down, we may be able to scalp a quick 50 pip move back to 139.000 as I’m sure it will reach. Hoping for it to get to around that 139.250/300 area so we can open some sells.
We are looking at a possible 300+ pip move here.
🖼 The rest of the analysis is in the picture.. 🙏
Gbp Jpy ideaAnticipating a H&S formation off the supply zone 136.2
You could take this trade earlier near the sell zone - but looking at the 4h candle shows some bullish reaction and may suffer some drawdown. GJ moves quick.
My strategy would be to enter 0.5% on the Sell Zone and 2% on the Supply area marked up. SL above previous high
Moving stops to break-even once the neckline hits
Pound index looking to weaken in my opinion -
Treading idea only (not a signal)- trade at your own risk.
Have a good weekend all! trade safe and trade smart.
GBP/JPY SHORT OPPORTUNITY (HOURLY):GJ bullish on weekly and monthly. Retest of lower bounds, before climbing higher.
BEARISH WEDGE ON GJ!!Thank you for taking the time out to view this. I noticed a possible Rising Wedge in Motion on the 15min TF... Price has just closed under 1hr Ascending Channel support. Expecting more bearish movement momentarily, this pair may takeout & get back on track inside of the Ascending Channel. What are your thoughts?
GPPJPY Analysisas seen on the support level the price has hit it like 3 times now,
expectations is that it continues on a bullish trend and break the resistance area, will have to wait and see what happens.
GJ Scenarios for Early Next WeekendThe market is looking pretty neutral for my favorite forex cross at this point. I honestly think is probably headed downwards, but there is always the likely hood of a quick reversal. I've lined up some support and resistance areas, and the possible directions the market could move in.
GBPJPY sell NY session Took a sell on GJ Pre NY with a nice push down.
As i put on the chart i did not want to be in this trade long term as it is the last week in June and a new month for July in the same week. Also a holiday coming up.
Woke up late and was not able to catch London session.
Still happy with my profits today.
See you all tomorrow for London session.
I try to place my SL at BE as soon as possible to avoid any losses. But as a trader I do lose sometimes, but thats just part of the game.
Happy trading traders!
GBPJPY DOUBLE TOP Double top on 15 min at retest of previous week consolidation breakout...
Break out and retest of that DT.
To Think I Only Started Forex a Month Ago...Probably like a lot of you..
Ive only been trading for about a month, since sitting at home and getting bored pretty much. But i didn't just get into this without knowing anything,
I done my research and took my notes (Didn't buy a course/ don't have a mentor) - Had my first profitable month and also blew my account. All so quick eh?
What can we do?
Regardless, GJ Analysis Above. Let me know what you think.
Thanks :)
Will GBP/JPY finally drop?Hey tradomanics,
technically we see a very nice entry for a GBP/JPY sell here. AS the fundamental situation is still very mixed it is obviously very risky to trade a long on DXY and JXY since risk-on-sentiment is causing trouble for both currencies.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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