#GBPJPY is in a long term trend, wait for the price to come to the support and buy from the zone.
Fundamentals Key Points: 1. Markets are expecting UK Inflation to overshoot the central banks' 2% target and reach 3.35% in the coming years. 2. UK 10 Year Bond yields have been rising as a result of high inflation expectations. 3. Against countries like Japan, Switzerland & Germany the UK 10 Year Government Bond Yield is more attractive for investors...
GBPJPY Long Setup Continuation trade: 👉🏻Price is making multiple continuation pattern in the lower timeframes, fails to break lower as well. Elliot Wave Count also shows a triangle formation of ABCDE, indicating a Wave-4, breaking upwards will form the extended Wave-5. Target of Wave-5 will be the same as Wave-1 (~338 pips)
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPJPY BUYS TO 155.500. Based on the HTF market structure. Currently looking for buying opportunities to 155.000 then 155.500. Overall market structure on H4/Daily is bullish. Currently ranging on H4 TF but once we have an H4 candle closure above 154.750, GBPJPY will fly to 155.000 then 155.500. Targets are posted below. Once Price hits TP1, stops are moved to...
GBPJPY Long Setup Continuation trade: 👉🏻 PO for Elliot 5th Wave, rough 1:1 R:R, not great but it's still within my area of proper risk management and strategy. Price to break above wave-d for setup to be valid
Possible buying bias after a break and retest of the daily structure
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Hey traders, here is the analysis for the GBPJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
The collapse of GBPJPY has been brewing for a while now. Liquidity is being purged as we come closes to the previous highs, freeing up space for the banks to make a move. Ideally, I would like to see one more push up before we begin to target some of the higher lows that have been created on the way up.
Hey traders, here is the analysis for the GBPJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Welcome to our Trade Setups - April 27th ( GBPJPY ) ! BUY GBPJPY ENTRY LEVEL @ 151.249 SL @ 150.598 TP @ 153.200 Max Risk: 1% - 3%! Risk/Reward Ratio: 3 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
Gbpjpy long ( buy ) Supply demand 1hr taking partial on way up risk 1% Early in the starting week so possibly risk 0.5% Smart money
GBP/JPY is approaching a strong support level between 148.50-149.30. So, there could be recovery from this level. Currently, price is stabilizing in the support area. So, if we see some bullish price action in the support area, then a buy between 148.50-149.30 with SL below 148 and TP at 152 is a possible buy signal.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions