GBP JPY is making lower low lower high look for bearish confirmation on lower time frames and enter short with your own money management always remember money management is the back bone of any strategy patience is the key
Buy on support to get reversal opportunity Use your money management wisely
Long GBPJPY - Swing trade idea. I have bought GBPJPY at 151.35 as I feel this move lower is now exhausted. No interest in getting too carried away during this risk off mood, however I feel the run has gone a long way and if we had to see the dollar start to fall, that would cause GBPUSD to rally pulling up GBPJPY along with it. On the other hand, if the USD stays...
So as i've already explain in chart just wait for the right moment as a sniper :) GBPJPY - 72% Short Positions ( 6705 Positions ) - 28% Long ( 3488 Positions )
#GBPJPY market is following bullish trends. Let it reach resistance that will act as a key level for it then there will be a good trade either way it breaks or retests.
Don't be an impulsive trader and look to get in immediately at market open, wait for strong bullish confirmation. I believe a buy trap will form around the region marked, I will be waiting to get involved lower at the ideal buy zone marked.
#GBPJPY market is going to buy from this level. And you can take good profit up to resistance area.
This pair looks healthy for an upside push before we see a strong bearish sell-off. My first upside target would be the imbalance fill, the second target is the previous high. Once we see rejections at these points we can flip the bias to sells and look for long term bearish trends.
Welcome to our Trade Setups - June 08th ( GBPJPY ) ! BUY GBPJPY ENTRY LEVEL @ 154.918 SL @ 154.569 TP @ 155.616 Max Risk: 1% - 3%! Risk/Reward Ratio: 2 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
I want to utilise NFP data to shock sellers out of the market before we continue to fill the area with imbalance. You could consider buys from this point if you like trading counter-trend moves.
I believe that we can utilise the NFP data and the liquidity spikes as a good entry point to get involved In some long-term short positions. Once we eliminate the previous high point, I am expecting a severe collapse. Sentiment Data - 56% Short
Welcome to our Trade Setups - June 01th ( GBPJPY ) ! BUY GBPJPY ENTRY LEVEL @ 155.075 SL @ 154.883 TP @ 155.843 Max Risk: 1% - 3%! Risk/Reward Ratio: 4 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
#GBPJPY is in a long term trend, wait for the price to come to the support and buy from the zone.
I would assume the fake breakout of the small descending parallel channel would have now caught out the buyers opening up a nice opportunity for us to get involved in some longs.
gbpjpy is going in a middle of a sellers zone .. and there is tow ideas .. we will know we the break (in/out) happen... good luck every one ..
Please check the chart for the analysis!