British Pound / Japanese Yen

No trades
See on Supercharts

British Pound / Japanese Yen forum


GBPJPY who buy from this range will need to take the pressure

GBPJPY almost counted my strategy out reading all the minds and was anticipating joining the bulls, but like I said before …I’ve been bearish for a while and I’m going to continue to ride with the bears until that m pattern on the weekly is complete or price at least return to check out that rejection area. Reminder, price going into that area does not mean that the pair is not bullish.

GBPJPY price is now in the middle of this massive range zone, 187-189 lol. If price stays below 188 we will see 187 again, if price stays above 188 we will see 189, but this range is crazy

GBPJPY that’s one strong rejection from 188.700s lol

EURUSD GBPUSD GBPJPY USDJPY USDCAD someone who can teach me what is an uptrend & a downtrend please i will give them all my consistent profits from now on. here is my weekly LINE CHART (bullish or bearish ???)
Snapshot

EURUSD GBPUSD USDJPY GBPJPY my peoples i need someone who can teach me what is an uptrend and a downtrend please i will give them all my consistent profits from now on. this is my daily LINE CHART (bullish or bearish ???)
Snapshot




GBPJPY
GBPJPY Intraday Trade Setups

📈 Intraday Buy Setup

🟢 Entry: 186.609
🔴 Stop Loss: 185.920 (Below 78.6% Fib retracement)
✅ Take Profit 1: 187.400 (Immediate resistance)
✅ Take Profit 2: 188.000 (Daily pivot confluence)

Rationale:

Strong bounce from 186.609 (61.8% Fib + weekly swing low)
Bullish RSI divergence on 1H chart
Price action shows hidden bullish reversal pattern

📉 Intraday Sell Setup

🔴 Entry: 188.125
🔴 Stop Loss: 189.040 (Above 23.6% Fib extension)
✅ Take Profit 1: 187.200 (4H EMA cluster)
✅ Take Profit 2: 186.250 (Daily demand zone)

Rationale:

Rejection at 188.125 (38.2% Fib + multi-session resistance)
Bearish MACD crossover on 4H timeframe
Expanding volume during failed breakout attempts