Hello trader’s what do you think about GBPJPY) ? Gpbjpy breakdown resistance levels fullback down 👇 Entry 183.710 Target 181.762 Target 178.322 safe trade 🙏🙏❤️🩵 Plaes like 👍🏻 and comments)
GBPJPY buy setup The main reason is GJ is following its H1 trendline and we will be having a buyside trade the confluance is H4 RBS (Resistance become support) level and 2nd confluance is H1 200EMA support and an M15 level of support the BUY baised is strongly agreed
Anyone have similar support and resistance levels? looking for rejection/ retest on 171.900 key area..... if rejected nothing stopping it from going to previous high of day which is up 200 pips to 174.433 waiting for a confirmation on break of strucrture in 15 MIN time frame at 172.400
The price will definitely drop a lot from this triangle
Buyer pressure has greatly diminished on the GBPJPY pair; sellers will then proceed with massive selling at this price level; Furthermore, we have reached a price zone that discourages buyers from buying further. So we open our sell positions for the next target 165.100
It's FalconFx Style Analysis. 1 hour conformation . Entry executes When the Market is given by a confirmation.
This idea is based on a strat i figured out, it's still in the test phase but i feel really really confident about this one.
Hi Team This one is straightforward chart analysis. We are expecting JPY strength. We may well see GBP weakness in news events on Wednesday. We are reaching the contraction of a bearish wedge/triangle on the 4H timeframe. We have now seen structure rejection. Look for follow through and catch this simple sell! Clear invalidation above local resistance....
I was closed out early, but left it to watch where and what it would do after all I was curious. Good to see patience still works and we need to keep refining
GBP Yen: breached the downtrend, but for more positivity, stability must be made above 161.90
Wyckoff structure re-accumulation on daily chart. Probably we can go LONG at the LPS after the BUEC. Go to in a lower TF to observe if there is a minor re-accumulation in development.
Point B retrace at 61.8 What is more important in this case is point BC also retrace at 61.8 This double 61.8 retracement is a perfect Gartley in Theory. There are also confirming sing for the short position. If we have a classic divergence when the price reaching the price tag that will be even more of a perfect sell set up. The RSI is expect to have a...
Hello friends .Update analysis .The price moved based on the analysis and activated the sell position. It is now at 410 profit .Now the price has reached the bottom of the pattern. We can witness the return of the price and the further fall of the price according to the analysis .You can view and compare the attached chart and analysi\ ..Follow me to see more...
GBP/JPY Sell Zone @165.00 SL: 166.30 TP: 163.00 If your fund is good enough, you may enter now with small lot, another one at 165.00. But SL and TP will be fixed. Chart show, it has good chances to drop. Fundamentally both are week against the USD. Though GBP performed better than JPY, but overall the the is following technical much better than the fundamental.
As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy
the major support level can't make a new higher high. head and shoulders pattern in the low time frame break and retest the key level 0.618 fib level retracement good setups and good risk-reward 1/2R or more
The British pound has reached the bottom of its uptrend against the Japanese yen. There is a possibility of a positive reaction to this level.