GBPJPY H1 ANALYSISPRICE HAS broke and retested the 151.50 and is pushing lower. Possible drop to 151.00 or lower.
Will see if price will hold lower to go back and test previous lows under 151.00.
Gjshort
NZDUSD AND GJPJPY TRADE RECAP After i saw how market was reacting at our 61.8% fib zone , market was creating a double top, took my trade after the break and retest of the neckline on NZDUSD
GJ for the sellPrice is currently selling but is pulling back off the impulse move to the downside looking for price to retrace to key area 150.100 to key area 151.500 which is around the 50-61% retracement level before price continues to sell to the downside.
gbpjpy short ideatechnically GJ is still bearish , price keeps printing lower highs , lower lows i advice to only look for sells like shown in the chart .
we will consider that GJ is bullish only at the break of 153.50 level .
GBPJPY ShortMy view of GBPJPY . Potential short opportunity.
I expect the price to come back up to mRA (minor Resistance Area) , where our entry is (152.239). Stop Loss is above MRA (Major Resistance Area) at 153.465 . From there I believe the price will get back down to respect the downtrend and head down to our PBA (Pullback Area) at 150.727 . From there we either A : Break the PBA to the downside or B : Bounce back up from it. A break of the PBA would be our confirmation that we are heading down to our Take Profit 1 which is at 149.202 . UK GDP q/q release is on 30th of September 2021 . If the release is positive, that should trigger our order.
PARAMETERS
- Entry: 152.239
- SL: 153.465
- TP 1: 149.202
- TP 2: 148.466
KEY NOTES
- Entry at mRA (minor Resistance Area) .
- Break above our Stop Loss would result in breaking the downtrend structure .
- PBA is a key level with 2 possible outcomes.
- UK GDP q/q release on 30th of September 2021 .
Happy trading!
GJ shorts before potential breakout to upsidehere's what i think could happen to GJ. don't trade this pair often but I like how it moves. either a full short down or till the last support.
GJ SELL BIAS STIll, NEED TO HAPPEN LOT,
1. MANIPULATION
2. STRUCTURE BREAK
probably GJ will start to fall from Tuesday or Wednesday
We will see.
What does beyond the technical analysis mean? LOL
Happy Trading. :)
GJGJ Aporchinh heavy sell of zone looking for selling oppertuines as we at fib gold level as well waitng for break and retest to go down.
GJ Bearish ForcastI can see GJ heading lower over the longer TF. We see it had a strong rejection over the strong confluence area.
What im looking for in the comming week/weeks
Breakout of the bearish channel tells me the fractial is complete and we will now start a bearish drop.
My idea will be invalidated when price breaks above the weekly TL and stays above
GJ Short idea GBPJPY's MA's and change in percentage have shown a short idea. Let me know if you think there is a better trade setup on this chart.
GBPNZDno signal and dont trade please with my analysis
i think come down and take time to go up
and i see bull market
GBPJPYSeeing head and shoulders on the high and a 3rd touch on the resistance just might push the short further down.
GJ short trade idea here we have a GJ short sell trade idea cooking, this call is brought to you by divergence on the 1hr tf and brake of trend line sell limits are placed already just waiting for retracement to happen to activate them. sell limits are @ 153.136 & 153.043, Stop loss- 153.492 Target price- 151.624 thanks to @IJackPips
GJ comeback call Short call on GJ breif description, this is a divergence and break of trend based trade idea. description of signal on chart. this might be in profit on sunday or monday coming up. just a set to have already. max pips 200+ minimum 30-50 pip move. manage your margin and keep those percent gains pushing!
GJ Short call GJ short call shooting for 200 pips if not minimum would be a target of 30-50 pips minimum
call info on the chart stop loss, target price, and entry prices
GBP/JPY, ready to dump!As we can see from the illustration, the overall market direction is bearish. The price attempted a fake breakout to the upside to catch retail Stop Losses, and it is now getting ready to drop. We will be opening Sell positions and aiming for the target shown on the chart
SHORT GJ GbpjpyLooking at current price i see price continuing to the downside during the upcoming London session. Waiting for a retest of the trendline and confirmation on the 1H before executing this sell trade. My first take profit target will be 150.950 respectively.
