Gjshort
GBPJPY H4 ANALYSISPrice is still bullish and rallied today 100+ pips. Support was found at 160.50 level.
Possible rejection around 162.50 if price wants to push higher towards the previous supply zone.
I'm personally looking for sells. Looking for a strong bearish candle to break 50 ma.
There's money on both sides but if price doesn't break the 162.50 level I feel sellers will come in push price lower and low to grab up money around the 159.50 level and lower.
This month and I'm challenging myself to just focus on 2 pairs and GJ is one of them. lol
Trying to focus and cancel out noise/distraction.
I will never give this up. I strive to be a professional trader and have that financial freedom we all look for. Trade safe and RISK MANAGEMENT. Peace.
GJ Update from previous post OK so market spoke for itself and we see a break towards down side, so based on analysis there is divergence on daily TF (heavy signal) followed up with 4hr & 1HR divergence thats its been forming this diveregence is happening on resistance levels right now. We have our break on the 10min which we waited patiently for, most likely this trade wont take effect untill NY session but were on the ball so we see clear green flags to prepare and set up propperly for execution! lets have some fun and catch these moves
GJ Long Term TradeGJ Is moving towards to its Supply Area, This week we can either see a reverse from its supply area or its makes a new High this week !
Structure is completely Bullish right now, So we can take a Sell from its Supply Area.
SL is 66 pips so manage your RR according to your Account Balance.
Good Luck for the week !
GBPJPY Downtrend H4I noticed something during the Valentines day at 14 Feb. Price already show Double Top Pattern & Engulf Sell .
So I sell at 157.25 and add a layer entry sell at 156.95 . TP 1 at 155.40, TP 2 at 153.55.
Follow the trend, I sell at 155.00 and reentry at 155.00 after the corrections. TP 1 at 153.40,TP 2 at 151.50.
Now i entry Sell at 152.900 . TP 1 at 151.500 , TP 2 at 150.500.
I also try to Swing sell position at Monthly Timeframe, I will share it later after this idea published.
Have a great day!
GBP / JPY 151.344 -0.35 % SHORT IDEA * TREND CONTINUATIONHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE POUND / YEN
* A beautiful break below the support level triggers this trade, we saw a breakout of an ascending channel that saw significant momentum toward the downside.
- Short term the pair looking for a momentum continuation possibly signaling a strong bearish momentum on the 4h chart this this stands from the bear flag we are currently trading in, a break above second plan comes into play.
- Looking for short entries on GJ this week should all the rules of the formation be met.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
GBPJPY SHORTSFrom the Daily all the way to the 15 Minute timeframe GBPJPY is bearish. at this point trend is our friend, we are currently trading under my 8 EMA which also is a confluence to my analysis. previous lower high was just broken with the precious one hour candle that just opened which could be a possibility we see GJ continue down to the 155.200 level .
* simply just my idea *
GBPJPY 4Hr Analysis. Week 4 2022 Jan-23Market Structure is Bearish on the Daily TF, just as we started last week as well
This mixed with Yen News from Last Monday Jan -17 , My bias is Bearish on this Pair
Looking for a pullback to 154.700 for continuation sells
I believe there is a very good probability that price will come down 50 Pips
to 153.500 at some point during the week
GBPJPY Technical Analysis as we approach London Session 1/21/22My Bias is Bearish for this Upcoming London Session 1/21/22. I believe we have strong bear momentum and can continue bearish to 154.150. I have drawn the Levels we should pay attention to carefully. I'm looking for sells around 155.200, where there is a 1hr zone. This is a good pullback spot to go short, worth the Risk:Reward, trading with momentum. Additionally, Negative retail sales for GBP certainly doesn't help a bullish GBP as we approach the end of the week.