GBP/JPY Potential SellHI Traders! 1.HTF Correction after bearish Impulse 2.LTF Bearish Impulse 3.LTF Correction Structure 4.Breakout and bearish correction Wait for the breakout from the current correction to confirm this setupShortby ltdcrack884
GBPJPY LONG SETUPGBPJPY 30 MIN TRADE Looking to buy in the 192.00-192.600 long area with target 196.88Longby WindwakerUpdated 2
Trade Recap: USDJPY - LONG, 10/10/2024UJ Bias Analysis: After being stopped out at BE on the existing position, price protracted lower prior to NY session and into 1H range EPD (Both minor & major) and mitigated a 15M OB which aligned with a retest of the previous day's true open. Long positions as a re-entry were executed after entry confirmation was received. Grade: High Quality Valid What I did well or could've done better: - I was perhaps too optimistic with my take profit level and should've set TP at the 4H EQH's on the original position. - I was able to spot the long opportunity shortly after being stopped out and while I was fearful of the outcome at execution, I followed the plan and placed the trade.Long07:59by The_Modern_Day_Trader0
GBPJPY buyBritis pound vs Japanese Yen is has completed its downward 👇 rally now price is going towards its Support level first it will take support then will start rally upwards to its Resistance level as we can also see price is pretty much consolidating inside support and resistance level of 1H so we will be deciding its direction upwards as SMA 50 on 1H is showing its gj will go down so we will wait until break above of the rangeLongby Wakeel_Saab2
Buy on GBPJPYI am entering along position on GBPJPY (after a small correction) for the following reasons : - RSI/MA Cross - previous support - trending bullish channel - the bollinger bands are tight and might respect the trend We might consider a short if the bullish trend if over, i'll share a good entry if it happens.Longby mahmoudmahdi240
GBPJPY Sell Trade Activated Oct 10 2024Supply Zone introduced since October 4 2024: this is just a continuation of analysis in gbpjpy using daily supply, 4h supply and 1H supply. Sell limit was activated during Asian session. Aiming for 4:1RR. This was a product of multi-timeframe analysis including lower timeframes. Always looking for validity and not market execution trading. Intraday may look liked difficult but getting used to charts within 600hrs of discipline will give you an EDGE. #supplyanddemand #proprietarytrader. Shortby glyrad2
GBP_JPY BULLISH BIAS|LONG| ✅GBP_JPY is trading in an uptrend And the pair set to retest The rising support line From where I think the growth will continue LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx113
GBPJPYGBPJPY for some days has been trending upward making new higher highs and lower lows. From the current lower low of 192.884, i expect GBPJPY to make a move higher so as to create a new higher high. Longby EM_Trading_CompanyUpdated 114
GBPJPY Will Grow! Long! Take a look at our analysis for GBPJPY. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 194.626. The above observations make me that the market will inevitably achieve 198.717 level. P.S The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce. Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider114
GBPJPY 4H Breakout Pattern!Drawn up as a rising wedge which indicates bearish usually. I can draw it up as an ascending triangle but looks more like a wedge. Expecting Bullish continuation but keeping an eye out for bearish.by JasonFosterII2
gbpjpyI think gbpjpy will give us a good buying opportunity once the triangle breaks, the first target is 197,600 and the second target is 201,000.Longby foxforex34
GBPJPY Heading to the Channel's Top. Sell alert.The GBPJPY pair has been trading within a Channel Up pattern since the August 05 bottom. The price is above both the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line) and has already made a Higher High on September 27, which was immediately sold by the market. Based on the previous peak formation of the Channel Up though, we could see a Double Top Higher High rejection in the coming days like the one on September 02. The 1D RSI made a Higher High also before the start of the September Bearish Leg, and right now it hasn't done so. As a result, we will wait for a short opportunity a little higher and then target the 0.618 Fibonacci retracement level (like the September 11 Low) at 188.800. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Shortby TradingShot5
Reversal signal on GBPJPYReversal signal on GBPJPY Engulfing signal on GBPJPY at 4H chart, which is also the supply zone at 4H chart. Therefore, sell GBPJPY around 195.15 SL: Above 195.73 TP1: 193.85 TP2: 192.85Shortby tntsunrise1114
GBPJPY LongsEntry on the 4H basing zone with sl below the 0.5 fib of the last impulsive move on the 4H tf. Targeting the high of the previous big swing low.Longby HB-Forex_2
GBPJPY long ideaRight now for me GJ is abit risky to trade as it’s not taken the higher tf LQ, plus lots of red news today. I’ll only go into longs once it pulls back to my area of entry to take the lower LQ. My target will be the next daily high. This is not a signal just my idea and personal log Longby TheRogueChef112
GBPJPY Clear Double Bottom formation the Pair formed confirmed double bottom formation after penetration the neckline and retaste it with hammer candle stick and moving forward towards the target of the formation at 207 price range Longby Mohamed_Lewaa_CFTe2213
LONG GBPJPY TradeGJ on on a Pro Impulse on the Daily. Making the 4H immediate bias bullish. On the 1H GJ couldn't break the i-CHoCH instead wicked it. Therefore GJ is still on a Bullish momentum targeting the 195.613 price. Longby LaFIIRE2
GBPJPY BUY TRADE Oct 8 2024This trade comes to fruition after checking for manipulation of lows using 4H-1H-30min-15min. Allowing me to activate the said pending order -Buy limit during London session (metatrader 4 platform) . I marked that demand because using the order flow, I can see enough evidence to go long. Risking 0.5% of the capital. Every trade that I initiate comes from the basic idea of supply and demand. (please check the attached charts for a detailed structure of entry and exit points) Always be patient and look for proof before you put pending order. Longby glyrad224
GBPJPY View!!"I don't think there is a major skew to FX or bond positioning going into NFP. Both USD bulls and USD bears continue to dabble tentatively, and then get rinsed. Over and over," said Donnelly, president at Spectra Markets and a veteran FX trader. "With big picture carry momentum halted by the MXN move, and yields already softening substantially this week, the downside in CADJPY and USDJPY on a weak release are most interesting. CADJPY looks 200 points too high to me," he added.Longby FXBANkthe80554
Double bottom GBPJPYDouble bottom breaks out on GBPJPY. Potential trend reversal to bullish trend with price staying above moving averages. Longby aryoTraderX5
WHATS FLOWING: WTI | GOLD |CADJPYIn today’s episode of What’s Flowing, we are looking at key market movers across commodities and currency pairs: WTI (Crude Oil), Gold (XAUUSD), and CADJPY. WTI (Crude Oil) Market Dynamics: WTI is experiencing bullish pressure, driven by tightening global supply and geopolitical tensions. Recent reports indicate that OPEC+ is committed to maintaining production cuts, while unexpected disruptions in the Middle East are pushing oil prices higher. With the global economy teetering between recovery and stagnation, oil remains a critical gauge of risk sentiment. Trade Insight: For traders, WTI could be a strong buy if support levels hold above $85 per barrel. Keep an eye on upcoming inventory reports and any OPEC+ policy changes, which could push prices further. Gold (XAUUSD) Current Sentiment: Gold has been holding steady amidst inflation concerns and mixed signals from central banks. While traditionally a safe-haven asset, recent fluctuations in the dollar and bond yields have kept the metal in check. Trade Strategy: Gold is currently range-bound between key support and resistance levels. For traders, a breakout above $1950 could signal a potential long trade, while a dip below $1920 may warrant short positioning. With inflation data coming soon, volatility is expected in the short term. CADJPY Currency Overview: The CADJPY pair continues its bullish run, supported by strong oil prices (benefiting the Canadian dollar) and a weaker yen, as the Bank of Japan maintains its dovish monetary stance. With Japan reluctant to raise rates, the yen is under pressure, while CAD benefits from rising energy prices. Outlook: If oil remains elevated, CADJPY could continue its upward trajectory. Traders may look to capitalize on potential pullbacks for entry points, but the general direction remains bullish as long as the oil market supports CAD strength. Tune in for the full analysis and actionable insights in today’s episode of What’s Flowing! Whether you're trading commodities or currency pairs, this episode has you covered with key opportunities in the markets.09:43by moneymagnateash0
GBPJPY: Bullish Movement Ahead of FOMC 🇬🇧🇯🇵 GBPJPY has a perfect potential to continue growing before the FOMC minutes today. The price started to consolidate after a test of a rising trend on a 4H and violated its neckline then. The price will most likely heading towards 195.1 level now. ❤️Please, support my work with like, thank you!❤️ Longby VasilyTrader3342
GBPJPY Sell IdeaThe GBPJPY has a divergent with EURJPY, if a break of market of structure is seen in this form, then we should see a sell to the common lowShortby akinloluwaademola23112