GBPJPY | 15m TF Bearish SetupOANDA:GBPJPY looks good to short based on downtrend pattern and order blocks, you can see liquidity being cleared out on both ways too on the 15 minute timeframe.
GBPJPY trade ideas
GBPJPY BULLISH MOVEWe can see price setting support in the rejected area letting us know price is being rejected ..
We should now see price move upwards the retest area for a bigger move to the upside.
Targeting the high 193 area
GBPJPY Market Overview (Thursday 19th September)XAUUSD Market Overview (Thursday 19th September)
Breakdown & Plan - Pre-Asian Session
GBPJPYWeeks ago we rejected 190, we should go to 174 longterm, we had a pullback on daily tf, I will wait for H4/H1, allow me to react.
GBPJPY TRADE IDEAGBPJPY continues to be on a bullish trend while breaking above key levels and respecting structure all at once. A break above and retest of a key level to confirm the continuation of the trend and a push to the upside
IDEA GBPJPY LONG POSITION HI TRADERS
Pair : GBPJPY
Position : LONG( BUY )
Entry Price : 189.300
STOP LOSS @ 188.900
TP 1 @ 189.700
TP 2 @ 190.000
TP 3 @ 191.500 ( Trailing SL )
GBPJPY Dont trade this for the mean timeEVERYTHING ON CHART
please check my pre idea so you can understand better
signals and analsys are free... and always will be
GBPJPY take a look EVERYTHING ON CHART
please check my pre idea so you can understand better
signals and analsys are free... and always will be
GBPJPY Updated #1EVERYTHING ON CHART
I will update when there a chance to trade
please check my pre idea so you can understand better
signals and analsys are free... and always will be
GBPJPY Updated very importantthis is very important wait for the SMA cross the res for the wave ends
EVERYTHING ON CHART
please check my pre idea so you can understand better
signals and analsys are free... and always will be
GBP/JPY - Rising Wedge PatternWe are observing a potential rising wedge pattern on the 15-minute timeframe for GBP/JPY. The price action is narrowing as it moves higher, with multiple rejections at the upper resistance line. This is often seen as a bearish reversal signal.
A break below the wedge's lower support line could trigger a downward move. The short entry is around 189.2, targeting the 188.15 area with a stop loss placed just above the recent high at 189.72.
Be cautious, as price action is nearing a key decision point!
GBPJPY - Look for Continuation Short (SWING) 1:4!Price has consolidated and rejected the SBR Zone on the HTF, while also bouncing off the Weekly Support Level, showing potential to make a new high on the LTF. Before continuing upward, it needs to respect the DBD Supply Zone. The upward move is likely if the SBR is broken.
Let's see how the market reacts to this zone.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
gbpjpy sell signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GBP/JPY - Swing trade - Long - 1:3.33 RR📈 Trendline Break and Retest Setup
I'm sharing a potential long trade idea based on a clean trendline break and retest. After a sharp downward movement, price has broken through the descending trendline, signalling a possible reversal.
🟢 Trade Plan:
Entry: Waiting for confirmation of a retest around 189.358 before entering long.
Stop-Loss (SL): Positioned below the recent swing low at 183.721 to protect against downside risk.
Take-Profits (TP):
TP1: 193.490 - First resistance area where I'll also move my SL to breakeven.
TP2: 199.480 - Key level above to watch for further upside.
TP3: 208.120 - Final target if the bullish momentum continues.
GBPJPY - going long seems like a good idea.The FOMC news and press conference today left the charts in a bit of a mess. We do have NZD and AUD news soon, so I don't even want to look at those currencies. One chart that makes sense to me is GBPJPY.
The daily chart is bullish, current week is strongly bullish and H4 is making higher lows & highs. If I see a pullback to about 186.50, I am happy to go long. This pullback would also get the 20sma closer to price providing a good entry location and smaller stop.
This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster.
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gbpjpy. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Double BottomWe have a double bottom pattern followed by a breakout and pullback, now we can enter with on the higher high on the pullback
WE ONLY TRADE PULLBACKS
GBP/JPY BULLISH MOVEENTRY: 186.769
Tp 1: 189.439
Tp 2: 191.904
Tp 3: 193.339
As we can see on the chart GBP/JPY pair was once on a downtrend.
We can now see the trend reversal to bullish which we also have 3 touch point on the trend line t confirm this Uptrend line is being respected by price.
What we are looking for is for price to come back near price 186.439 to touch the trend line. If continues to respect the trend line we will enter for the long to hit TP !!
- CEEJAY.TRADES on ALL SOCIALS
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GBP/JPY Short 18/09/2024Last week closed bearish under a strong zone. Current week testing the highs of previous but has not broken above 188.000. Trend is still bearish. Double bottom liquidity at 183.500. Anticipating price to respect the high at 188.000 and move bearish to potentially wick fill on the weekly tf down into 181.000. Current 4hr candle flipped bearish and entry taken. Fomc statement later today will likely be the catalyst for the move.
GBPJPY Will Move Lower! Sell!
Here is our detailed technical review for GBPJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 187.889.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 186.021 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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GJ buy setup;Just what I am looking at on GJ;
Price bullishly breached resistance by doing a top-down analysis.
The predicament infers a bullish momentum, accompanied by strengthening GBP against the JPY.
It is a journey of strengths, however, at the moment GBP seems to be defining the direction.
It behoves you to do your due diligence.
