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Gjshort

GBPJPY: AnalysisGoodmorning Traders! Price has broke out of consolidation and hit my median line and is now deciding which way it wants to go. Price is in a key zone that it has pulled away from several times in the past, the market doesn't like this area nor the one above or below the one it is currently in now. In the zones I have, price has always either consolidated then made a big move or price gets to the key area and goes right through. Waiting on more confirmations before making a decision on direction, and for execution on smaller time frames. What I predict to happen is a pull back, then price will fall into the zone below, which if that happens it will be a nice 400+ pip move which I have displayed on the chart for you guys. Overall I think price will keep falling. Any Thoughts Leave Them Below! Make Sure You Leave A Like!
by lobfxempire
GBPJPY: ShortI made an analysis before this post **which if you haven't seen it you should go check it out!!** option 1 is what is unfolding right now. I've already entered a sell @137.960, and here is my t/p area which once price gets there I expect 2 things.. 1.) Price will bounce of my median line *Which is insanely accurate and useful* and rise 2.) Price will break through, and go to my weekly support which is a very long way down, which I have absolutely no problem with :) Leave some comments if you agree with my analysis or disagree!
Short
by lobfxempire
1
Long/Short trade pendingPrice has been consolidating in a very tight range after breaking a channel illustrated clearly on the chart, arguably forming a bearish flag which may break down to entirely break structure offering profitable short positions. Furthermore, the 200EMA on the hourly chart (and daily) is showing bearish momentum. Alternatively, price is rejecting this lower resistance level and has been for a relatively long period of time. Overall, price has potential to move either side of this key area of resistance and the movement is likely to be very strong in either direction due to the illongated period of consolidation.
by Tical1
GJ Heading Towards Ascending SupportGJ price is ranging in an ascending channel. Priced reversed off of resistance on August 13th. It then tested support 4 days later on August 17th. It is currently testing the Pivot Point. If breakthrough prevails, I predict potential movements towards the break & reversal of the Ascending channel. Another scenario would be price bouncing from 4HR Support & forming a Double Bottom. Which would prepare us for more Bullish actions. LIKE THIS IF YOU APPRECIATE IT! COMMENT BELOW YOUR THOUGHTS!
Short
by lobfxempire
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.. 🙏
Short
by NOSVII