Possibility of uptrend It is expected that a trend change will be formed in the specified support range and we will see the beginning of the upward trend. Otherwise, the continuation of the downward trend will be possible.
JPYGBP trade ideas
GJ BULLISH BUY LONG187 became a support zone and the bulls are hanging on strong; all i can see is GJ will hit 199.100 or 200.090 area.
Theres 2 resistance i see; the one in 192 area and 195 area. Ima keep this short and simple; to me this is a buy it can go ether way can go short or long after if sells hits one of those resistance.
Use your own analysis and proper risk management.
GJ tradeTook an entry according to the 4hr TF.
It was a small RR 1:1 as there was in the left a possible area of rejection
Lingrid | GBPJPY pullback TRADE. Short from RESISTANCE zoneFX:GBPJPY formed a double bottom at a key support level and has subsequently bounced off this level, after bullish divergence. The price is currently pulling back against the major bearish trend, as the market has been consistently making lower lows. Recently, the price managed to break above the psychological level at 190.00. Given this context, it is possible that the market will retest the recent high from Monday and the upper border of the channel where a sell signal may present itself. If the price hits resistance in this area, it could provide a trading opportunity for a continuation of the bearish trend, as bears could take advantage of this pullback. My goal is support zone around 189.50
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GJ BUY UPDATE!!!!1:1 Target has been achieved
Now let's go for 1:2
You can secure half of the profits and leave the other half set at breakeven
GBPJPYFollowing up from our trade idea yesterday we've just hit TP1
Now we wait to see if price break above orderblock & if it does will wait for a pullback & a rejection to enter again for TP2
GBPJPY Short Term Sell IdeaH4 - Bearish trend pattern followed by a pullback
Until the two key resistance zones hold my short term view remains bearish here.
GBPJPY BUY!!!!!GJ sentimental is bullish today, and early morning it just broke out of the Asian session high. Now, let go long
We first aim for 1:1 the 1:2 after securing some profits
GBPUSD : TrendlineTwo days ago, I posted the chart above. I mention the STRONG bearish channel.
And I also mentioned that those lines I drew are NOT trendlines.
If you ask me what happened now, I would still answer the same.
But what do you think Trendliners would do now? Many would proceed to BUY because their favorite line shows them that the price is BULLISH. Buy and get fcuk.
This is one of the biggest errors when using trendlines.
a) Do they expect things to remain the same?
b) Do they not think the line may have shifted?
So, think again whenever you think of trusting your TRADE and MONEY with trendlines.
Want to know what the new line looks like?
Good luck.
Reanalyzing GBPJPY for the weekLow of the week is usually made with Tuesdays distribution candle.
Based on that knowledge my bias is switching to bullish for now.
Price appears to be creating a weekly CR trade.
If price pulls back to this breaker on the 1 h which is close to the NDO (New Day Open) I'm looking to buy it up to the 50% of weekly CR trade.
GBPJPY - BUYBearish Trend line breakout on 1H TF with Bullish Divergence. I am looking for long side entry at above 190.5. with Risk reward ratio of 1=1
GBPJPY LONG TERM BUYBearing in mind that GJ is still bullish on the Higher Time frames, the bearish moves since last week is just a retracement and it's currently sitting at an area that has the daily bullish 61.8fib, the H4 low and also an area of Support Turned resistance and also the ascending trend line. The entry confirmation will be a change of Structure and then a pullback to atleast the 50fib level.
It's most likely going to be a long buy.
GbpjpyUSD/JPYhas regained 150.00 in Wednesday's Asian session, looking to extend the latest leg higheer. Increased haven demand for the US Dollar on growing tariff war fears underpins the pair despite bets for a December BoJ rate hike. US ADP data and Powell's speech are eagerly awaited
GBPJPY PRINTING REVERSALTechnically:
GBPJPY printing double bottom
GBPJPY printing bullish divergence
GBPJPY - Look for Continuation Short (SWING) 1:6.7!The market is clearly shifting, with bears taking control. We just need to wait for the price to reach the right zone for a continuation toward the nearest demand zone to secure profits.
Let's see how the market reacts to this zone.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPJPY : SELL CallI have open GBPJPY, Sell Trade. I open this trade because if VWAP. It's just touch the weekly VWAP and now It's going down
GBPJPY SELL IDEAMajor downtrend. retracement seems to be getting done. Lets see what happens during Tokyo session.
GBPJPYtrend is bearish
AB=CD is complete
print divergence at D point PRZ
Buy stop 190.692
SL:187.930
TP: 193.454
gbpjpy liq + fvgThe chart shows a bearish bias with a focus on further downside after a potential retracement upward to fill liquidity and FVGs. The pattern and marked zones support a scenario where the price moves to lower levels after testing key levels.
CHART BREAKDOWN GBPJPY: Key Levels, Targets and Thoughts!Brief Description🖊️:
The chart provides insights into critical market levels, emphasizing 1 essential supply zone: low-risk sell zone spanning from 190.100 to 190.175, respectively, is highlighted.
Things I Have Seen👀:
Important Support Zone🟢: Identified between 190.100 and 190.175 serving as a low-risk sell.
Bearish Targets📉:
189.750: Possible retracement area.
189.500: Possible retracement area.
189.250: Possible retracement area.
189.000: Possible retracement area.
188.500: Possible retracement area.
188.300: Significant supply zone.
188.090: Liquidity area.
What's Important Now❗
Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.
GBP/JPYHad a rejection from Previous Day Low
Market structure shift created
leaving behind a 15min OB+
Inside order block on 1min tf there is a fvg
stop loss below the 15 min order block
targeting the high of the 5am 4hour candle
