Short GBPJPYA break in the support level on the regression trend indicates weakness in GBP vs yen. The overall trend is also bearish, with the price staying below its moving averages and failing to establish the strong V-bottoming pattern for a trend reversal to the upside.Shortby aryoTraderXUpdated 666
GBP/JPY POTENTIAL SWING TO TOPSIDE As we experienced earlier, GJ experienced a nice sell off for the last few hours of market open but if we look to the previous trading day, GJ was looking to move higher per my analysis from yesterday. I do believe this is still a strong possibility as we can take a look at eh 4H chart and notice 2 important things: - Strong bull candle close with long lower wick//: indicating strong buyer pressure - we are currently tapping that support of the last 2 open and close candles on that 4H chart. That alone is convincing enough for me to be behind a bull move on GJ. In a more technical sense, we can see on the 30M close the long lower wick indicating some buyer pressure, couple that with the bounce exactly on that support I have mentioned and you have a good recipe for a long trade. On top of this, I like the risk that I am taking as it is not a major SL to worry about if you do your trade sizing appropriately. The risk to reward is 4.54 as of right now and the trade is in profit as I am typing this analysis. Open up the perspective and get on the 1H chart and you will see yet another long lower wick and short body for a major Hourly candle. Another confluence to my plan. Of course in the event of my trade being invalidated, I have a short position ready to execute using the top of my liquidity zone as a stop loss level and a lower low as my profit target. Happy trading fam and please BOOST THIS IDEA!!Longby fastboiijd4
GBP/JPY POTENTIAL LONG SCALPAs we pay attention to the GJ, we see we have been shifting to a bullish sentiment for the last 2 days maybe; we are currently sitting on a significant level that can be used as a support to continue the bullish trend. I think it will play out in the bulls favor if we can see a bullish close on the 30M. I am currently waiting for the 30M close to determine my next move on this pair. Some more tech analysis shows price getting rejected at my marked liquidity zone but the lower support has so many tests from previous days that it reinforces my caution to wait on a sell. If we can close below this critical level, i will be initiating a short position at a reduced lot size and waiting for a small retracement to get a better entry for a strong push to the lower end. As of now; i am leaning to the bulls favor only because the local sentiment is bullish for the last few days. Follow for more Ideas!!by fastboiijd1
GBPJPY - 12/09/2024 Market AnalysisYesterday, GBPJPY created a significant low and found strong support around the 184.000 level, leading to a bullish rejection and forming a daily candle with clear rejection signals. Given this price action, there are potential buy setups to watch for during the London session. However, it's important to stay cautious as we have PPI news scheduled for 10:30 PM, approximately 30 minutes after the New York open. This data release is known for its volatility, so it's advisable to wait for the news to pass before entering any trades to avoid unnecessary risk. by arpitdahal113
GBPJPY, a rebound play is in order.GBPJPY, a fave of traders who value volatility recently corrected significantly to 181 range from the highs of 183. Recent 4H metrics suggests a close fight between bull and bears -- with bulls having a slight edge now from the current range. A new base may have been formed already at this price range with notable net buying activity registered this past couple of days. The pair is currently bouncing off a 0.5 FIB level, a major order block support. Expect some attempt to reverse to the upside in the next coming days. Spotted at 181.30 TAYOR. Safeguard funds always.Longby JSALUpdated 3328
GBP/JPY Faces Bearish Pressure with Key Support Levels in FocusGBP/JPY Technical Analysis Current Outlook: The price of GBP/JPY is currently trading near the pivot zone, showing bearish momentum. It appears poised for further downside, as it is struggling to hold above key support levels. Best Scenario: The downtrend scenario is the most likely, with the price pushing lower toward the support zone. If the price breaks below 184.11, it could further decline towards the next major support at 182.49 and potentially reach 180.18, otherwise stability above 186.400 means will try to touch 188.200 Key Levels: Pivot Zone: 186.37 Resistance Levels: 188.29, 191.58, 193.29 Support Levels: 184.11, 182.49, 180.18 Expected Range Today: The price is expected to move between 186.37 and 184.11, with a bias toward further downside pressure. Overall Trend: The overall trend remains bearish, especially if the price breaks below 184.11, signaling further downside potential. Stabilization above the pivot zone at 186.37 could shift the trend, but for now, the downtrend dominates. previous idea: Shortby SroshMayiUpdated 6
GBP/JPY H1 | Potential bearish breakoutGBP/JPY is falling toward a potential breakout level and could drop lower from here. Sell entry is at 184.78 which is a potential breakout level. Stop loss is at 186.60 which is a level that sits above an overlap resistance. Take profit is at 182.97 which is a multi-swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short03:21by FXCM3
GBP/JPY "GUPPY" Bank Bearish Robbery Plan on Short sideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist GBP/JPY "GUPPY" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss : Recent Swing High using 1h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading StyleShortby Thief_Trader4
GBP/JPY Short H4 BreakoutSell Entry @ 189.68 S/L @ 193.53 T/P1 @ 185.79 T/P2 @ --------- R.R.R. @ 1/1 Pure Price Action analysis based on Breakout and/or Pullback of target level. Enjoy trading ?Shortby MyMainBox369Updated 7
Daily GJ UpdatesHello Traders! GJ keeps on selling and so are the other yen crosses.16:21by ForensicForex1
GBPJPY (Forex) Short Setup 4h TF, going well - using RisologicalGBPJPY (Forex) Short Setup 4h TF, going well - using Risological The chart is 4h time frame. Entry and Stoploss are on the chart. The current short trade trailing stop loss is at 190.4 We might see a pull back before going further downwards. People who missed the short trade can enter at the pull back around 189. All the best!Shortby ProfitsNinja2
GBPJPY: Time to Sell?!GBPJPY is currently being tested at a former horizontal support level that has now become resistance after a breakout. We anticipate a downward movement towards the next support level at 185.08.Shortby linofx110
Correction As long as the price fluctuates below the red resistance range, the continuation of the downward trend is likely. It is expected that the downward trend will continue according to the specified paths Shortby STPFOREX111
Buy GBPJPY @ 187.9 - 187.7💎Buy GBPJPY @ 187.9 - 187.7💎 Sunday 09/08/2024 05:59 PM EST 186.3 StopLoss —> 187.95 BreakEven+ TakeProfit 1: 188.1 TakeProfit 2: 188.3 TakeProfit 3: 188.5 TakeProfit 4: 188.7 TakeProfit 5: 188.9 TakeProfit 10: 189.9 TakeProfit 20: 191.9 TakeProfit 30: 193.9 Richard Eyo ~The Wizard 🧙♂️Longby richardeyo90005
GBPJPYJen zit er bearish uit voor deze week. Ik verwacht dat we alle liq. gaan ophalen. ik kijk daarom naar twee long entrees. 182.838 of 180.156. We hebben namelijk oplopende liq achter gelaten en die hebben we nodig voor de volgende move omhoog. Voor nu kijk ik alleen naar short met je sl boven de open liq. die op 189.83 zit. woensdag kan deze worden uitgenomen met een spike om vervolgens naar beneden te gaan. Want we trekken nu allemaal sellers de komende dagen en die wil je uitwicken voordat de move verder omlaag gaat. Je wil niet dat hun voordeel hebben van de sell druk. ---------- Jen is bearish for this week. I expect we will collect all liq. so I am looking at two long entries. 182.838 or 180.156. We have left rising liq behind and we need that for the next move up. For now I am only looking at short with your sl above the open liq. which is at 189.83. Wednesday this can be taken out with a spike and then go down. Because we are now attracting all sellers in the coming days and you want to wick them out before the move goes further down. You don't want them to benefit from the sell pressure.Longby Ghost-Feed111
GBPJPY BUY NOW!!!!!!!!!!!GBPJPY made a bounce from from the fvg zone with rejections am looking forward to see new highs created am in on buys holding till new high is created my main goal target is 193.00 TELL US YOUR TAKE ON THIS.............Longby CAPTAINFX2664
EJ & GJ: Preparing for a Bearish Move This Monday! Join me as I dive into my trading strategy for the upcoming week, focusing on EJ and GJ for a potential bearish move this Monday, September 8th. In this video, I’ll share my narrative and analysis to help you capitalize on price movements, even on typically slow Mondays. Whether you’re a seasoned trader or just starting out, I’ll provide insights and tips to execute your trading plan effectively. Don’t miss out on this opportunity to enhance your trading skills and make informed decisions! Subscribe for more trading strategies and live updates!Short02:53by superlegit111
Sell GBPJPY @ 188.8 - 189.2💎Sell GBPJPY @ 188.8 - 189.2💎 Thursday 09/05/2024 10.44 AM EST Friday 09/06/2024 08:30 AM EST 190.0 StopLoss —> 188.75 BreakEven+ TakeProfit 1: 188.6 TakeProfit 2: 188.4 TakeProfit 3: 188.2 TakeProfit 4: 188.0 TakeProfit 5: 187.8 TakeProfit 10: 185.8 TakeProfit 20: 183.8 TakeProfit 30: 188.8 Richard Eyo ~The Wizard 🧙♂️Shortby richardeyo9000115
GBPJPY TRADE SETUPWait for retest the key level then take a trade for Sell otherwise skip this setupby JinnatAlamSumon10
GBPJPY TRADE SETUPWait for retes the entry level then take a trade for Buy otherwise skip this setupby JinnatAlamSumon0
GBP/JPY Technical Analysis - Rising Channel and Fibonacci LevelsI'm tracking GBP/JPY on the 1-hour chart . The pair has been trading within a well-defined ascending channel and is approaching key resistance levels. I’ve plotted Fibonacci levels to watch for potential corrections. Price is hovering around the 61.8% retracement , which is often a significant support zone. Price continues to respect the upward trendline, which reinforces the bullish momentum as long as it holds. The next level of interest is around 193.00 , aligning with channel resistance and key horizontal levels. If the price breaks above this area, it could head higher toward 194.50 . If the price breaks below the trendline, I’ll be looking at the 50% Fibonacci level as a possible next support at 190.00 . Overall, I'm bullish for now, but cautious of a potential retracement if the price fails to break out of the channel.Longby War_Z-one2
GBPJPY Buy SetupLooking to for long position on GBPJPY and EURJPY based on the technical analysis looks clean and worth taking Longby R3v_1
GBPJPY POTENTIAL SHORT CONTINUATIONHello Everyone! How are you all? GbpJpy is a pair to watch this week, because it is shaping up very nicely for a short trend continuation that we can capitalize on. So, I will be looking for a sell continuation because of the following reasons: 1. The overall trend is bearish. 2. The price has formed a continuation structure. 3. The price is approaching the value area. Game Plan: If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a 15mins flag with two highs and lows. Entry : will look for a risk short entry within the flag or a reduced risk entry on the breakout of the flag. Shortby DTreasureMarketHub111