GBP/JPYGBP/JPY 4H
As you can see price is currently retracing heading towards both early buyer and retail liquidity levels so i am waiting for these areas to be swept and i will be looking to enter a buy position on my 71% fib level.
JPYGBP trade ideas
GBPJPY Neutral waiting fro market to break to either directionGBPJPY has bee consolidating for a while now. I am waiting for a move to either direction before i mick a side
check the trendThe correction trend is expected to form up to the specified support levels. Then there is a possibility of a trend change
Gbpjpy sellOn the daily chart a bearish rising wedge has formed, indicating a sell with potential lows as 184.00 in my opinion.
Let me know what you think below 👇🏼
1:3 position on GBPJPYThis is a short term buy position... refer to 3m for the clean price action... entry price: 193.112 SL: 192.978 TP: 193.516
GBPJPY setupZones identified, currently buying from zone and will hold to my sell zone..previous volumes, rejections and valid bearish and bullish order blocks confirm set up. 3:1 rr minimum and risk managed accordingly, set up is viable for me to enter this trade
GBPJPY Price action on 1hr game planPrice has slowly rejected the bull wave for a retest... as shown on my mark up, once price reach the POI, i will show the mini timeframe for the entry model as this is just the order flow... kindly follow for more...
GBP/JPY long 1Hlooks like it has just formed HL and touched 1hr FVG zone, that is the reason why I am looking for longs from here.
Entry 193.4
SL 193.1 just below the FVG and previous resistance(now support) which we might retest (193.2)
TP1 194,4 first resistance
TP2 194,9
BUY GBPJPY NOW!!!!!!!!!!!!!!We been on buy on GBPJPY after the overall bearish trends on jpy index and we have another confirmation as falling wedge breakouts and retest and price have already completed my first tp am still holding till price sweeps all liquidities above and completes all targets
LETS KNOW YOUR VIEWS ON THIS.............
GBPJPY BUY UPDATE!!!!1:2 full TP has been achieved
That was a good trade
Enjoy the profits and see you on the next one
GBPJPY BUY UPDATE!!!!!1:1 profit has been achieved
Now let's aim for 1:2
Secure half of the profits and let the rest run to full TP
GBPJPY BUY!!!!GJ sentimental is bullish today, and early morning it just grabbed liquidity of the London session low. Now, let's take a long position
We first aim for 1:1 the 1:2 after securing some profits
GBP/JPY Long OpportunityThe Bank of England (BoE) has maintained a hawkish stance, raising interest rates to combat inflation. In contrast, the Bank of Japan (BoJ) has kept its monetary policy accommodative, with ultra-low interest rates. This significant interest rate differential creates a strong incentive for investors to borrow Yen at low rates and invest in higher-yielding Pound-denominated assets, increasing demand for the Pound and pushing GBP/JPY higher. The BoJ's accommodative monetary policy and its efforts to weaken the Yen for export competitiveness could further fuel the rise of GBP/JPY.
First Target 200
second target 213.09
Stop loss at 183.73
chech the trendGiven the price behavior within the current resistance range, possible scenarios have been identified. It is expected that the upward trend will continue.
BUY GBP/JPYOn a daily timeframe price is trending to the upside price has recently broken an area of resistance became support and is pushing to the upside from a 4h perspective price has retest the level and the current 4h is pushing bullish, 1hr timeframe engulfing previous bearish candle and pushing up GBp showing signs of strength and jpy weakness.
GbP JpY Currently, based on the H1, I'm waiting for a pullback to the 194.400-700 area to take a short sell to the 193.500 area. Then, I'll wait for confirmation to see if we continue with the bull trend or have a B.O.S. If it holds and respects structure, it's safe to buy back to that 194.4-700 area.
I drew somewhat my projection for the upcoming moves. Any feedback and opinions are appreciated.
IDEA GBPJPY LONG POSITION Hi Traders
Pair: GBPJPY
📈 Position: LONG (BUY )
✅ Entry: 193.400
🔺 SL: 193.000
🎯 Take Profits:
• TP 1: 193.800
• TP 2: 194.200
• TP 3: 194.600 (Trailing SL)
GBPJPY Long Analysis 26/01/2025This is my analysis for GBPJPY, just an idea and not a signal.
I strongly believe that price will move up to where the imbalance is and will fill it, you can take TP below the imb area at the supply area drawn out. At the supply area, there's a lil bit of a bearish orderflow going on so my POI will be the supply area.
For entry, I picked the FVG which is on the 1-hour timeframe, you just gotta play it safe for the entry if you're taking a GBPJPY trade. Now it'll either go one way... As soon as the market opens it's either just going to carry on straight to the supply area or will pullback as soon as it takes out a buyside liquidity or something like that.
#gbpjpy #elliottwave short sell setup 27Jan25This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
GBP JPY has Two paths moveHey there on 2HTF GBP JPY looking for twins moves
If there break up the resistance support 195 area and continue go up and we can see next Ath area 197.50 and 198.10
Or
If GBP JPY drops on this continue than we might see drop continue in this week
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