After price broke our daily high with momentum,it began to gradually retrace back into an internal structure demand that caused the break of this high. It tapped it,luring in early buyers before it smashed through it with momentum. This signaled a potential shift of internal structure direction as the demand zone was invalidated. We get more confirmation from...
GBPJPY is on a bullish technical outlook on the 1W timeframe (RSI = 66.035, MACD = 3.180, ADX = 33.852) but a great sell opportunity may be emerging as the 1W RSI Bearish Divergence crossed above the MA just like the on October 4th 2021. That was the third top on that pattern much like the one that is being formed now. Technically next week we should see the top....
Over the past couple of weeks, I've been making a series of small long buys. Looking ahead, I've got my sights set on GBP/JPY for the next 3-5 weeks, with a target at 185.89477. Now, here's the deal - if you zoom in on the shorter time frames, things might seem a bit bearish, but when you zoom out using the weekly, there's this bullish wave that's still in...
Hello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity GBPJPY I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
The GBPJPY pair gave us a nice low risk sell trade last time we looked at it (see chart below): This time it gives an even stronger one as it is on the 1W time-frame in the midst of a Head and Shoulders (H&S) formation. That is a bearish pattern calling for a a test of Support at 176.500. Most likely by the time of the test, the 1W MA50 (blue trend-line) will...
A retest of the most recent higher low to indicate a confirmation of the change in trend.
just trying to get back on and after a long time im going to share a view .. thats what im waiting for ..
Hey Traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 182.100 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 182.100 support and resistance area. Trade safe, Joe.
GBPJPY H8 Probably the cleanest setup out of it's peers that were analysed on Sunday, GBPJPY resistance/support price of 183 looks very clean. We are coming up for a test of that 183.00 handle, it could certainly be an opportunity to grab shorts. As markets opened on Sunday we saw the bearish gap, I wonder if this is something that will pin and dump towards the...
Details on chart - looking to see the impact on the markets of the increased geopolitical tensions and playing the bias from there
Hello traders, If you are shorting keep it open to the rectangle! If not! Any correction is a selling opportunity. Levels calculated order_block, regarding support and resistances, channel and pivot points.
Buy GBPJPY Bullish Channel in M30 Chart Buy Gbp/Jpy @ 182.38 Tp - 183.80 Sl - 181.90 Price starts bullish mode, its good chance to buy, Supports with likes and Comments. Thank you
Hello There! Welcome to my newest idea about GBPJPY from several timeframe perspectives. Within recent times the volume demand within the pair has increased massively, especially as the GBP pair part keeps on being bullish despite an increased high interest rate structure. The trend did not reverse meaning there is a strong bullish edge that is determined by the...
This is what makes the most sense to me heading in to October... Monthly wicks respected although the monthly candle actually closed in it's lower 3rd I'm bullish on all TF's 181.60 is a valid MP, OB, TL/Retest, FVG and last weeks opening price... IF we pull back this far we will also be hitting the 0.7 fib level and I fully expect this level to...
GBPJPY got flatly rejected on our last idea as it peaked on the HH trendline and crossed under the 1D MA50 (chart at the bottom of the analysis). Even the Channel Up broke downwards and the 1D technical outlook is bearish (RSI = 38.762, MACD = -0.520, ADX = 38.784) officially. A new Channel Down has emerged, which shifted the 4H MA50 to a Resistance after the...
Hey Traders, in today’s trading session we are monitoring GBPJPY for a buying opportunity around 180.800 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 180.800 support and resistance area. Trade safe, Joe.