GBPJPY Breakout of Falling ChannelHey Guys, GBPJPY after moving in a downward channel is breaking out towards upside with divergence on 4hr TF. What do you guys think of this idea? Please commentLongby thrilledGuest900794
GBPJPYWeekly bearish Daily Pin bar, but we still need a confirmation H4 rejection of a key levelShort01:08by IvsWolf4
GBPJPY outlook GBPJPY has made a beautiful move lastly the overall trend on higher time frames is bullish but on H1 i am feeling like gold will get a dip if it breaks above this recent high and present a price action candle we will buy this pair as it reaches its recent weekly Resistance level if it breaks above it will be a buy to its global resistance or it will be a sell to recent resistance became supportby Wakeel_Saab1
Weekly Forecast - Spoilt for choice with opportunity this weekWill the dollar correct higher or is the correction done and we're about to sell off aggressively? I'm more in favor of the former which would correlate structurally with the daily pullbacks we're seeing on EurUsd and AudUsd, which have formed 1H ranges respectively and are pending EPD mitigation for a sell off. After missed trades on Yen pairs today, I'll be looking for consolidation over Asian session before a continuation of the bearish momentum during London or New York session tomorrow (10/09/2024).Short14:38by The_Modern_Day_Trader0
British Pound Japanese Yen (GBP/JPY) - 09/09/2024GBPJPY - 09 Sept 2024 Analysis: 1. Market Behavior: - GBPJPY typically moves from zone to zone - Respects 4-hour structure points 2. Trade Opportunity: - Sought selling opportunity at London open - No bearish signal observed, resulting in no trade execution - No setup = No signal = No trade - Strong bearish candle closed before New York open (30-minute timeframe) 3. Entry Criteria: a) Enter on a wick up at New York open b) Enter on a break of the previous candle's low 4. Execution: - Opted for entry on break of previous candle's low - Uncertain about New York session's initial wick up as it wasn't at structure point. (A bearish signal at the zones could have justified entry on the wick up.) Result: - Successfully executed a 3R:R trade Lessons: 1. Patience in waiting for clear setups pays off 2. Flexibility in entry strategies based on market conditions is crucial 3. Importance of having predefined criteria for trade executionShortby arpitdahal116
End of an eraHello, Long term wise, BoJ have so much room to hike rate, after almost a decade of low interest rate, while this shift is happening in reverse for the west, i'm expecting long term for the JPY to double in value, so i'm very bullish on JPY. While the west is going the other way, they also have so much room to get their rate much lower than the actual one, intraday day fluctuations are hard to predict, this is why i only swing trade, I have a place I believe the JPY will get, I enter and wait, if it doesn't go this way, you close for a lose, re assess and move on. But that is my 2 cents prediction for this pair, GBP and USD going lower against JPY, eventually in 1 year it will be much clearer, in the meantime i'm only interested in short.Shortby marouuuuuun2
GBPJPY CHART IDEAWe are anticipating for a SELL,as price trend is still bearish, and the BUYs is currently a PULL-BACK not REVERSAL,we also have a supply area, with a moving average confluences. you can add to watch-listShortby LOVEGODFX22
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
GBPJPY TRADE SETUPWait for retest the key level then take a trade for Sell otherwise skip this setupby JinnatAlamSumon10
GPBJPY> The Wedge Pattern is Pushing The Price DownGBPJPY The Wedge Pattern is pushing The down Price From Today Analysis GBPJPY completed to bearish pattern wedge pattern indicating further decline as i explained in the today. it is a risky trade nut the pattern looks completed and probably all the JPY pairs can make a deeper bearish move before they show something else. you can find all details on the the chart. Thanks youShortby MrCharlie1Updated 1151
GBP/JPY Buy Setup Awaiting Bullish TDI SignalGBP/JPY OLHC buy structure forming for September on the daily timeframe. Awaiting a buy signal once the TDI crosses bullish on the daily chart. My target is 191.750 , which aligns with the Monthly Open. Please support this idea with a like, comment, and share.Longby ezeepips228
GBPJPY Short Trade SetupGoing short on GbpJpy. Risk to reward on this trade setup is 1:2. Should take a few days to a week or two. Based on confirmation of a fake out followed by confirmed break of structure towards the downside. Targets: 184.6 & 180.3 Stop: 193.40Shortby Trader_97Updated 6
GBPJPYAnalyse GBPJPY on a weekly timeframe. We going to drop for the next weeks, even if you wanna buy and see buy, look for sells, because of the bigger pictureShort00:42by IvsWolf1
GBPJPY start to rally??. Break trending in H4, and made new swing low in D1. Price will fill chanel and will make new higher low in D1 (HH>>HL>>HH>>HL) In weekly, few weeks ago price met support from trendline weekly NFP can be trigger to this pair, my POV target price can touch 206, but beware in area 200. DYOR #GBPJPY Longby GiyuuuSan1
GBPJPY Trade Update - Pre NFP Trade IdeasBias Analysis: 1D Minor Swing at EPD with 4H Selling off in alignment with the daily bearish bias. A consolidation formed in alignment with the 1H range and after pulling back into a 4H 1-sided FVG, which confluent swept buy side liquidity, the trade parameters were met for a short position. Grade: High Probability What I did well or could've done better: - I waited for extra confirmation as the 1M Market Structure Shift did not have the conviction I was looking for, perhaps there was nothing wrong with the MSS and I was projecting my fear onto the chart. I fortunately did not miss the trade but on a different day I would have and would be kicking myself now. I did sacrifice profit by waiting and opting for a wider stop. If the trade meets the plan, execute! Understand the variation of concepts you trade and know that the market won't always be picture perfect. Short14:39by The_Modern_Day_Trader3
Downtrend It is expected that the continuation of the downward trend will be formed according to the specified paths. In this case, a medium-term downward trend will also be created Shortby STPFOREX1
Buy GBPJPY @ 188.6 - 188.4💎Buy GBPJPY @ 188.6 - 188.4💎 Thursday 09/05/2024 02:53 AM EST 188.0 StopLoss —> 188.65 BreakEven+ TakeProfit 1: 188.8 TakeProfit 2: 189.0 TakeProfit 3: 189.2 TakeProfit 4: 189.4 TakeProfit 5: 189.6 TakeProfit 10: 190.6 TakeProfit 20: 192.6 TakeProfit 30: 194.6 Richard Eyo ~The Wizard 🧙♂️Longby richardeyo9000886
Sell GBPJPY @ 193.0 - 193.2💎Sell GBPJPY @ 193.0 - 193.2💎 Monday 09/02/2024 09:29 AM EST 193.6 StopLoss —> 192.55 BreakEven+ TakeProfit 1: 192.8 TakeProfit 2: 192.6 TakeProfit 3: 192.4 TakeProfit 4: 192.2 TakeProfit 5: 192.0 TakeProfit 10: 191.0 TakeProfit 20: 189.0 TakeProfit 30: 187.0 Richard Eyo ~The Wizard 🧙♂️Shortby richardeyo9000Updated 6
GBPJPY out lookGbpjpy has broken its support level and moved down for the day now its moved into to its Bearish channel and now it has broken above the bearish channel in my view it will retest its broken support into resistance so its a swing buy trade and sell tradeLongby Wakeel_Saab3
GBPJPY: Long Entry.Active Trade. Entry: 189.124 (Optimal Entry: *189.000*). This level can still be used as an entry if a "Retest" is achieved. TP: 192.000. SL: 188.000 (or below). I've set mine to (8187.875) RR: 1|3. *This trade is a result of SUBJECTIVE analysis*Longby webster.robesten7
GBPJPY Will Go Higher From Support! Buy! Take a look at our analysis for GBPJPY. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 188.555. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 193.544 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider226
Buy GBPJPYGBPJPY equal lows rejection Mark is buying Good risk to reward ratioLongby MBATradingSchool4
Trading Signal Alert for GBP/JPYDirection: Sell Enter Price: 190.764 Take Profit: 189.601 Stop Loss: 192.639 Dear Traders, We have identified a promising trading opportunity on the GBP/JPY currency pair. Based on our analysis using the EASY Quantum Ai strategy, we recommend initiating a sell position at an enter price of 190.764. Several key factors contribute to our bearish outlook: 1. Technical Indicators: Multiple technical indicators, including moving averages and relative strength index (RSI), are currently signaling overbought conditions. This suggests the potential for a downward correction. 2. Fundamental Factors: Recent economic data from the UK indicates slower growth, which may weaken the British Pound in the short term. Conversely, safe-haven demand for the Japanese Yen could strengthen, adding downward pressure on GBP/JPY. 3. Market Sentiment: Trader sentiment and volume analysis points to increased selling interest, aligning with our predictions for a price decline. By following this strategy and placing a take profit at 189.601, traders can secure potential gains before any market reversals. To mitigate risks, we recommend setting a stop loss at 192.639, protecting against unforeseen market movements. Trade with caution and always use proper risk management. Best regards, Your Trading TeamShortby ForexRobotEasy330