GBPJPYLarge engulfing 15 min candle,
trend overall bullish
current trend down
small lot size
small sl move into entry at 20 pips
protect capital
SL scale winners
aiming for 5 trades total
1/5
JPYGBP trade ideas
GBPJPY: Bearish Move From Resistance Confirmed 🇬🇧🇯🇵
GBPJPY nicely respected a key daily horizontal resistance.
The price formed a double top pattern on that and violated its neckline.
With a high probability, the pair will continue falling.
Goals: 194.0 / 193.5
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Possibility of correction It is expected that the upward trend will be completed in the specified time frame and the specified resistance levels. Then it will be possible to start a downward trend If the price crosses the 138% level, the upward trend will continue
GBPJPY H4 - Short Signal GBPJPY H4
For those that watched the market analysis and live charting video, you would have seen us discuss GBPJPY and the 195 psychological price/sell zone. We have since seen this zone tested and subsequently rejected. How much mileage this setup has... I don't know, but if we can break 194.500, we should see a send lower.
A break and candle close around or below 194.500 is important, breaking this H4 and H1 consolidation, EUR and LON session could certainly be enough to drive this setup where is needs to go.
GBPJPY LONGSWeekly: Bullish if closes avobe 192.000
Daily: Bullish
4h: (Last bearish candle broke
previous low. However it is coming
back as if creating a fake out.
Area of interest
Psych level 192.000
my idea on gbpjpy GJ has been showing agressive move to the upside throughout last week. lets see what this week holds .DYOR
GBPJPYWe are looking for selling opportunities as the market has given us a bearish wedge that will result in sells to the downside resulting in sells
GBPJPY Trendline Breakout , All eyes on sellingHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPJPY Resume uptrend?Hello traders, GBPJPY after long down trend, the market looks like resumed it's uptrend and may continue to push higher as the price is currently in a strong trend. With daily bullish engulfer, 4h bullish pattern we may GBPJPY is trending higher and we will wait for potential confirmation for this movement.
The image shows a candlestick chart of the GBP/JPYThe image shows a candlestick chart of the GBP/JPY currency pair from August to November 2024. The chart is plotted on a 4-hour timeframe and is sourced from the OANDA platform. The chart displays a positive trend with a rising black line indicating an upward trend. The exchange rate is currently at 195.190 JPY, with a high of 195.973 JPY. The orange rectangle on the chart represents a resistance level, which is the price point where the market is expected to face difficulty in rising above.
GJ thoughts for Sunday/MondayJust my thoughts. Not a signal call at all. I'm a "newbie" Let me know what you guys think.
GBP/JPY Bullish momentum : Trading the A.c & key value areasIn my view, GBP/JPY is showing strong bullish momentum within a well-defined ascending channel. This structure provides clear boundaries for potential pullbacks and rallies. The FVG suggests the possibility of a gap-fill before continuing upward. Additionally , key Value Areas - with VAH (193.041) as resistance and VAL (190.511) as support -highlight strategic entry and exit points. A breakout above the recent high at 196.07 would signal further bullish continuation.
Wishing everyone a successful trading week ahead.
GBPJPY - BUY OPPORTUNITYEyeing GJ for a potential LONG from BUY AREA to TP1, TP2 and STP.
TP1 = 50 PIPs
TP2 = 100 PIPS
STP = 200 PIPS
Trade Safe - only risk what you can afford to lose - Risk management is key!
GBPJPY💹
Outlook: Price is showing alot of strength on the 5hr time frame. It has made small correction into the 10ema on our 30m time frame.We could see a continuation for JPY pairs todays Tokyo session or if we do have a bigger correction for Tokyo expect London to continue.
Bias: Bullish
GBPJPY One pullback to give before strong rally.GBPJPY is trading inside a CHannel Up since May 2021.
Having a strong correction in July, the price has stabilized on a shorter term Channel Up.
A similar Channel Up was formed after the previous bottom in January - March 2023 and then the price rallied by +20%.
Expect a similar bullish wave. Buy and target 217.00.
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GJ Weekly OutlookGj looks short on lower tf however looks can be deceiving. If you look at higher time frames it has completed a 50% retracement from the last low and bounced off that level. Fibonacci extension is showing the same target for both weekly and H4. I am bullish on GJ at all levels.
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.
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GBPJPY h PatternDown it goes all the way upto 156
i've seen this pattern before and i 've lost my life on one of these i was long
The h pattern means death
GBPJPYAs per our last mind we asked you guys which pair you want and analysis for. The public has asked for GBPJPY . Here is our view.
As of now, GBPJPY is sitting at our PBA 2 (Pullback Area). If we break above 193.290 (October 1st highs) we will continue to the upside .
However ,
If we break below our PBA 2 192.000 , we could see a downside move to our PBA 1 . Breaks below could also result in lower prices.
We advise you not to enter in any trades until breaks of either 193.290 or 192.000 .
We will send out the update once a break happens.
KEY NOTES
- GBPJPY has fallen to our PBA 2.
- Important levels to break are 193.290 or 192.000.
- Break above 193.290 would confirm higher highs.
- Break below 192.000 would confirm lower lows.
Happy trading!
FxPocket
Trade Idea: GBP/JPY Potential Rejection at ResistanceI'm monitoring GBP/JPY as it approaches a key resistance level. If the price reaches this point, I expect it could face rejection, possibly leading to a pullback. This setup offers a potential opportunity for a short position if rejection occurs.
