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 ?
GBPJPY trade ideas
GBPJPYI'm in the bear at 199.50 lets see what happens from here Target 1 should be no problem but target 2 may take a while.
GBPJPY UPDATEHi all
2 possible trade plan...
**My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading my skills also for my trade journal**
Thanks a lot for your support
GBPJPY View!!Not much in USD/CHF before Wednesday and 0.8765 on $500 million and between 0.9035-45 on $807 million. The biggest EUR/CHF strike expiry is on Monday at 0.9705 on 626 million euros.
GBP/USD strike expiries worth noting are on Monday at 1.2940 on £553 million and between 1.2975-90 on £1 billion. There's little thereafter until Friday at 1.2970 on £713 million.
ROADMAT TO WHEREWAITING for some good japanese interventions on the month ahead .
180 looks solid. so does 191. shorting this on evidence of sell off
Bullish movementGBPJPY is bullish on the monthly time frame so we wait for the pullback to be complete before the next bullish run
Swing Trade Idea#3Price has now break below strong support/resistance (supply and demand zone), a very well respected area. Now we wait for the price to retest the supply zone to sell. A easy 1:2 RR is the target or swing trade for high RR.
why the GBP/JPY will create new highson the weekly you can see a clear double bottom with a break of the neckline, this indicates a change of character to the upside, there are no intermediate levels in-between so this tells me price will definitely get to the top, if you look on the daily you'll see October consolidated for 2 weeks, broke out last week Wednesday, retested on Thursday and the level held on Friday... higher time frames rule!
GBPJPY opportunity- Mean reversion play.If the market gains momentum, there is potential for a countertrend on GJ.
Trading back to a weekly fast-moving average with the added confluence of a 50% retracement of the larger move.
Higher-risk trading against the trend, however, the market may present a shorter-term, high-RR trade opportunity.
There are two options for this trade idea, depending on the degree of pullback.
Trade invalidation If the price grinds higher without momentum or it moves below wave C with a lower low.
GJ Trade Recap: PuR3 RRCM Model• From a major move not an average 1hr retracement.
• Clear target.
• Super strong overall trend.
• Equilibrium entry.
CADJPY GBPJPY analysisHello All,
Here is our review of recent volatility and fundamentals.
i will be on standby for buy opportunities for the time being.
Happy hunting.
Short GBPJPY : scalp ideaI am shorting GBPJPY as we're hitting a resistance detected on the 30 min chart.
Price action and bollinger bands are also showing that price might reverse.
Last indication is the cross on the RSI/MA indicator.
GBPJPY BULISH IDEAWe saw this from my last GJ idea let's keep on touch for more analysis
FOLLOW ME PLEASE 🫡🔥🙏
I WILL BE DROPING SETUPS ONCE I GOT THEM THANK YOU.
GBPJPY THROUGH THE ROOF !!GBP/JPY presents a compelling buy, driven by contrasting central bank policies. The Bank of England’s higher rates lend strength to the pound, while the Bank of Japan’s commitment to low rates continues to weaken the yen. This divergence creates a favorable buying environment, especially as Japan shows no signs of tightening its monetary stance. With additional support from strong technical levels and the UK’s resilient economic indicators, GBP/JPY is well-positioned for potential gains, making now a strategic moment for buyers to capitalize on this opportunity.
Buy GBPJPY @ [197.0] - [196.7] & Buy GBPJPY @ 198.3 - 198.1💎Buy GBPJPY @ - 💎
💎Buy GBPJPY @ 198.3 - 198.1💎
Monday 10/28/2024 06 AM EST
197.7 StopLoss —>
198.35 BreakEven+
TakeProfit 1: 198.5
TakeProfit 2: 198.7
TakeProfit 3: 198.9
TakeProfit 4: 199.1
TakeProfit 5: 199.3
TakeProfit 10: 203.3
TakeProfit 20: [201.0 205.3
TakeProfit 30: 207.3
The Wizard 🧙♂️
GBPJPY BROKEN THE RESISTANCE GBPJPY has broken the resistance that was respected more than 1 time For now I will be looking for the long positions.
I try not to predict the market but only reacting on it due to the Analysis
ONLY BUY GBPJPY!!! 208 incoming!!!!GBPJPY using top down analysis have on uptrend on the daily time frame we spotted out a double bottom pattern that have already broken out the neckline and already made a retest now heading to 208.000 area am only going to be looking out for buys till that zone is completed
ALWAYS LOOK FOR BUYS ON GJ
Lets know your view on this..............
GBPJPY Possible Long Position BBMA OA ReEntry Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - CSAK + Entry in MALO
Note:
* Cancel trade or cut-loss when candle close Below MAHI (2 Red Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
I am using the BBMA OA Reentry Zone Zero Loss Strategy as a basic reaction to recent market events, rather than attempting to forecast the market's future course
GBPJPY WONDERMAP FOR TODAYGBPJPY WONDERMAP FOR TODAY
Daily candle close shows a breakout structure! Expecting the price to respect H4 breakout, H1 support, Daily RBS, and M15 support. Lower timeframe continuation BUY incoming!
Stay locked in and ready to execute – let’s keep the momentum going strong!
GBP/JPY For Bullishyou can go long now
or
wait for entry point as pull-back and then go long
- General Trend is Up Trend
- JPY under pressure
have fun :)
GBPJPY ANALYSISOur goal is to look for a build up in those levels to ride the trend to the upside till our last support zone is broken. Risk management is key
