JPYGBP trade ideas
SELL ON GBPJPYFirst trade of the week will be a possible 1:9RRR on GBPJPY. The pair seems to be aligning back to the bearish move on the Monthly time frame after tapping into the 61.8fib area twice.
Currently the pair is giving us series of LH and LL. Waiting for a pull back into the 61.8fib which also aligns with the descending trendline will give us a sell confirmation.
GBP/JPY SELL $$$
After hitting the one-hour zone and breaking the 15-minute bottom (mss 15) and forming a bearish block order, wait for confirmation in the block order zone.
#GBPJPY 4HGBPJPY (4H Timeframe) Analysis
Market Structure:
The price is currently testing a key support level, indicating potential buying interest. If the support holds, buyers may step in to push the price higher, leading to a possible bullish move.
Forecast:
A buy opportunity may arise if the price shows signs of rejection at the support level, confirming that buyers are defending this area.
Key Levels to Watch:
- Entry Zone: A buy position can be considered if the price holds above the support level and shows bullish confirmation.
- Risk Management:
- Stop Loss: Placed below the support level to manage risk.
- Take Profit: Target higher resistance zones where price may face selling pressure.
Market Sentiment:
The support level is a key area where buying pressure may increase. Confirmation through bullish price action will provide more confidence in a potential upward move.
Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
I'm selling GBPJPYI would have preferred to sell UJ because of dollar weakness but it has left me behind. Let me manage GJ for now
CHECK GBPJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends 👋🏼
(GBPUSD) trading signals technical analysis satup👇🏼
I think now (GBPJPY) ready for( BUY )trade ( GBPJPY ) BUY zone
( TRADE SATUP) 👇🏼
ENTRY POINT (191.450) to (191.400) 📊
FIRST TP (191.600)📊
2ND TARGET (191.800) 📊
LAST TARGET (192.000) 📊
STOP LOOS (191.000)❌
Tachincal analysis satup
Fallow risk management
GBP/JPY: Persistent Bearish Pressure Amid Recovery AttemptsThe GBP/JPY pair has shown recent volatility, attempting a rebound to 188.00 on February 10, breaking a three-day losing streak after hitting the weekly low at 187.00. The Bank of England’s dovish monetary policy, including the recent rate cut, has worsened the bearish sentiment on the pound, while downward revisions in the UK's growth forecasts have further weakened the GBP. Despite recovery attempts above 190.00, economic uncertainty and the central bank's negative outlook keep the risk of further declines high. The price is near a daily FVG, with potential liquidity grabs within and around the 0.62% Fibonacci level before resuming its downward movement.
GBPJPYWhen entering the London session, the price prediction is BUY, then there are only 2 setups as follows that follow the previous London session zone.
GBPJPY? alternate view
Before you decide to press BUY ? SELL ?
3 things you ll need to align. (at least for me)
Fundamental- your bias- will Pound be stronger than Yen visa versa
check news.. incoming data bla2.
Pattern - anything you like to support bearish/bullish
Compensation - will your SL be enough to Targets
1:3 1:5 1:200
whatever...
Next will be your patience.. either SL or TP
If it hit your SL... you tried your best. You shouldn't be hardup becoz
You did your best
It's not the whole of your capital.. only 3-5%
Consult your nearest guru.. hehehe
All the best & don't be lazy.. read @ learn patterns
I'm no guru.. or your guru
GBP/JPY - Trade SetupDaily - Bearish
We are targeting lower Liquidity. Price is currently consolidating and we are looking to take out sellers Liquidity. We have a little bit of buy side Liquidity to look for a small 1H sweep before tapping into our Order Block and heading to the down side
Good luck to all the traders that follow. I am doing a $100-$1000 challenge if you are wanting to follow along please message me
GBP/JPY As you notice on the chart, there is an impulse wave consisting of the first, second, third, and fourth waves, which have now ended. ABC will now begin to rise to complete the fifth wave, in addition to the formation of a positive head and shoulders pattern.
ABOUT GBPJPYMy option about gbpyjpy Is more bearish so that zone is good and strong restanice if the price comes to that zone it can pullback
GJ LOOKING FOR MORE DOWNSIDE?The Dragon traded from a daily fractal high on Thursday and respected it. now I am anticipating more downside this coming week and the weeks to come
USDJPY and GBPJPY Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis
GBP/JPY SELL $$$ UPDATE
NEW VALID ZONE HAS BEEN FORMED
take LTF confirmation in this zone to take sell trade
GBPJPY - Swing to Buy - Capturing the low on JPY WeakThis swing takes into account Liquidity points on all timeframes.
We are bullish on Monthly, Weekly.
JPY is weak - showing a reversal to the downside.
Weak JPY = Buy scenarios on XXXJPY pairs.
We have a bullish reversal in the form of a gap down and engulfing Daily candle which closes higher.
Looking to take more entries and scale in as we head to the expected highs - to maximise the setup.
GBPJPY - Sell Idea Today - for NY Session NOTE: This idea is counter-trend, so lower probability
Looking to come back into fair value below.
Trading the retracement.
We're sitting at an area of interest where market is reacting from.
As long as we don't break the highs, then looking for a quick Sell for today. Not holding over the weekend.
CHECK GBPJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends 👋🏼
(GBPJPY) trading signals technical analysis satup👇🏼
I think now (GBPJPY) ready for( BUY )trade ( GBPJPY ) BUY zone
( TRADE SATUP) 👇🏼
ENTRY POINT (191.100) to (191.000) 📊
FIRST TP (191.400)📊
2ND TARGET (191.700) 📊
LAST TARGET (192.000) 📊
STOP LOOS (190.500)❌
Tachincal analysis satup
Fallow risk management
GBPJPY falliing resistance retest at 193.00 levelThe GBPJPY price action sentiment appears bearish, supported by the longer-term prevailing downtrend.
The key trading level is at 193.00. An oversold rally from the current levels and a bearish rejection from the 193.00 level could target the downside support at 189.60 followed by 188.30 and 187.10 levels over the longer timeframe.
Alternatively, a confirmed breakout above 193.00 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 194.12 resistance followed by 195.30 levels.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
GBPJPY update I do see Price reaching for monthly sellside Lq soon then after that we see what price action does.
