GBPJPY - GBPJPY Chart — Pound to Yen - Short 1HThis is my idea about GBPJPY - GBPJPY Chart — Pound to Yen - Short 1H always use stop loss to avoid losing more What do you Think ?Shortby ashkar.stars51
GBPJPY Short IdeaLooking to short GBPJPY. GJ has has pushed up nicely so far this week but I think there is more downside to come before a massive push up occurs in GJ. With FOMC today and the Fed interest rate decision, this is a neutral asset to trade during the turbulence hence why I am posting this idea. Confluences: 50% Fibo Trendline 3rd touch Intra Key Level Entry- 188.5 SL- 45 TP1- 100 TP2- 200 Latent profit~ used to hedge a buy position Catch you later traders ▲Shortby FalkenFx0
GBPJPY Short SellAs we know long term we are still bearish on GJ. We have retraced back up to gain momentum to drop long term TP. On our monthly support. Goodluck.....Shortby OwenT0
SND in GBPJPYPrice had broken last supply, wait and see price back to last demand. 2 option -If broke, price can down more deeper. -If can hold box demand, price can go higher and targeting fresh supply Longby GiyuuuSanUpdated 111
GBPJPY long term sellAfter a year of massive gains I am expecting a major correction in the market, a possible market crash GBPJPY has currently formed a double bottom on the 23% Fibonacci level - Expecting a retracement (LONG positions) towards the 50% FIB level -if price closes above 50% FIB level expect a retest of the psychological zone 200.00 -once prices reach that level expect an immediate impulse towards the downside - but if not short until 169 as identified on the levels on the chart currently it is bullish Shortby Ballers14082
double bottom on GBPJPYpotential double bottom on GBPJPY before BOJ press conferences on Friday on Sept 20Longby aryoTraderX1
XAUUSDH4 analyse, the price did break the consolidation, but didn't retest, so we should wait for the retest.But the way the price pushed to the upside, I do see the price reenter the consolidation and dropShort01:38by IvsWolf0
GBPJPY . M30 BULLISH NARRATIVEIf pull back to the demand area that caused overpowering the supply, open a long position might be considerLongby CHILLARFX1
gbp jpy shortif the price close to 185.341, then we got an entry, but for now lets waitShortby davealgreg0
GBP/JPY PRE BOJ DESCISION ANALYSIS (SHORT SCALP) So as we are awaiting this news filled week to unfold, we are aware of the news arriving for GJ tomorrow; or tonight rather. Per previous research, I have come to the conclusion that japan is interested in contracting their economic velocity for lack of better terms. That explains the decline GJ has been experiencing for the last few weeks to say. Nontheless, this analysis is all about the potential scalp before the news release scheduled for the next asian session on tuesday. My current analysis shows the scalp I have entered to chase the next low (liquidity zone on bottom). We can see the lower highs we made in the last few hours, along with the rejection from the supply zone up top marked with the rectangle in grey. This move is specifically targeting the demand zone on the lower end of the market chat also marked in grey. On top of this, the overall trend for GJ has been bearish and i believe it will continue to be bearish all the way through London session with a possible retracement in NY session only to see another rejection at a lower support turned resistance level. Exercise caution this week, theres alot of news releases which will cause alot of volatility in the market. Not a bad thing per say but it will make it harder to trade the "normal" times of the day. Me personally, i might be trading more in the odd hours of the day to avoid the crazy swings in the market. Thanks for reading, follow for more analysis; I will be performing analysis on GJ and Gold everyday this week! Shortby fastboiijd0
GBPJPY Market Overview (16th September)Short market overview of whats been happening and what i'm expecting in the days and weeks..by DragunovFX0
SMALL SELLPEPPERSTONE:GBPJPY Running a small sell up to that buy zone hopefully.Shortby solomonmacharia142
GBPJPY BULLISH ?GBPJPY after a long bearish , we have a Triangle Formation Wait for retest and Engulifung candle or Doji pinbar Thanks me Later by Laurentbakiu0
GBPJPY-SHORT: Trade Recap, 16/09/2024Bias Analysis: While the daily and 4H biases were both bearish, price reacted out of a 4H order block before consolidating on the 1H range, signalling that a deeper pullback may be on the cards. Once price swept liquidity to the downside on the 1H and then again on the 15M, this time as it protracted lower during London open, My trade parameters had been met and I seeked entry confirmation on the 15M and micro-timeframes (5M/1M) Grade: High Quality Valid What I did well or could've done better - I remained neutral on this pair and had both a long and short bias heading into the week. I waited for the market to show me which direction it was most likely to distribute in and executed accordingly.Long09:08by The_Modern_Day_Trader0
IDEA GBPJPY SHORT POSITION HI TRDAERS Pair : GBPJPY Position : SHORT ( SELL ) Entry Price : 186.450 STOP LOSS @ 186.850 TP 1 @ 186.000 TP 2 @ 185.650 TP 3 @ 183.500 ( Trailing SL )Shortby hamidTrader211
Short terms buy I am seeking short-term buy opportunities following a price break below the volume profile. This presents the potential for a bullish retracement, leading into longer-term sell positions.Shortby LesJack0
GBPJPY View !!(MaceNews) - Japan's government upgraded its overall economic assessment for the first time in six months, noting consumer spending is supported by wage hikes and temporary income tax credits, but the change in wording is subtle and it continues to say the economy is recovering “moderately.”Longby FXBANkthe80550
GBPJPY swing plan 1. Market Structure: The chart shows GBP/JPY in a bearish trend, which is apparent from the price's decline over the past few weeks. The price seems to be approaching a potential support zone, as indicated by the horizontal lines. You are likely considering either a potential bounce from this level or a continuation of the bearish trend. 2. Trade Setup: Buy Plan (Upward Arrow): You seem to anticipate that the price may first move upward after reaching the current support level. The first target would likely be the area around 192.83 - 194.86 (marked by the purple resistance zone). This is likely a retracement or bounce play as the market is oversold on the RSI indicator, with RSI hovering near 38, which may indicate a reversal or pullback to the upside. Sell Plan (Downward Arrow): Once the price reaches the resistance zone near 192-194, the sell plan would come into play if the resistance holds. The second downward arrow indicates a potential major selloff after this resistance, possibly down to the 179.87 level. This looks like a continuation of the broader bearish trend after a corrective move up. 3. Key Levels: Support Level: Around 184.83, which appears to be the level where you anticipate a bounce for the buy entry. Resistance Level: Between 192.83 - 194.86, which is the region where you would look to either take profit on the long position or set up a short trade. Profit Targets: Long trade profit target: Around 192-194. Short trade profit target: Near 181.93 or lower, around 179.87. 4. Indicators: RSI: The RSI shows an oversold condition, indicating a possible temporary relief rally, supporting the idea of a short-term bounce before continuing the downtrend. Conclusion: Your plan seems to involve two potential plays: Buying around 184.83, aiming for a retracement toward the resistance around 192.83-194.86. Selling at the resistance level, aiming for a larger bearish move toward 181.93 or even down to 179.87 if the price fails to break through the resistance. This strategy takes into account both a short-term reversal and the broader bearish trend.Shortby Ryantungle0
GJ Shorts Rejection off previous zone created trendline, expecting price to continue to 182-183 level. Shortby Zimptrades0
ICT GBPJPYx.com Maybe a winner. If go further than 184:00 potential for more downward. Shortby stephenstradingacademy0
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 deathShortby GlassICE0
Check the trend According to the behavior of the price in the current support range, possible scenarios have been identified. An upward trend is expected to form and advance to the specified resistance range by STPFOREX0
GBPJPYAnalyze the weekly timeframe, we bearish for the long term. Daily structure is bearish also. H4 Had a Double top. H1 a double top below a double topShort02:17by IvsWolf1