pair gbpjpy shows that it has successfully broken through the trendline and retest to the nearby area before continuing upward journey. last week's candle data also shows strong buy and I only focus on the buy position. Don't forget stoploss. #TAYOR
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
-Due to weaker DXY , JPY dominated the last few days, price have dropped significantly, however. expecting bullish pattern to occur on DXY and that will help JPY pairs to fill up the liquidity voided area. -As it described on the chart that price may come down to 137.60 region to retest that area and then bounce from there, however, it may not come down to that...
GJ looking for a solid break and retest of the 1H high for buys, wont be looking for sells until we get below 156.500, I dont want to trade anymore in that range, price messing to much, going to wait for the breakout/direction, if we fail the daily low again i'll anticipate a potential 1H DB and HTF reversal but for now im bearish until the 1H breaks then i'll be...
GJ waiting for another failed high at resistance, could enter now with larger risk but I want to see another failed high first, if so will give us a tighter stop + stronger confirmation.
We can see price has bounced off of 156.200 area and had rejected off 160.364. Price has came back down to the support and we went long. Downside would be if price were to keep pushing lower. But only time will tell! Let me know what you think! Thank you!
Whats up guys, waiting for a clean break of 159.925 on the 1H and depending on the size of the break will determine if i enter on the break or wait for the retest! However if price fakes us out with structure from the LOD i'll look for buys, all broken down in the vid! Let me know your thoughts!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GJ top down analysis! Let me know your thoughts, thanks for watching!
Here is another potential trade idea on GBPJPY. Price is using the trendline as support and just now, we can see that price has broken through the upper resistance level on a 30 minute / 1 hour chart. It is now retesting this level and is expected to push higher.
Getting used to this recording tool, its super fun! (Didn't realize it was recording for the first 7 seconds) 🤣 Here's what im looking at on GJ today, let me know your thoughts!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer...
Here is my view for GBPJPY on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
GJ - The 160.000 zone is our main focus for London, I want to see either a solid break and retest above OR the previous weeks $$ swiped and a close back below (Candles failing to break the zone) Either will give us a good potential opportunity for buys or sells, I'm still favoring that break/retest though, nice inverted H&S forming, but lets see what happens! Let...
GBPJPY potential push upside with great 1:3 risk reward ratio after breaking support/resistance zone back up and retest
Intraday bias in GBP/JPY remains neutral for consolidation above 158.57 temporary low. Further decline is expected as long as 162.24. Break of 158.57 will target 161.8% projection of 172.11 to 163.02 from 169.26 at 154.55 next.
GJ - Looking for sells/continuations while we have no candle closes above 157.200, looking for price to continue down on the HTF, looking for a retracement initially maybe to swipe the HOD $ or YD $ before continuing down, candle closes are key here will be keeping close eye on the 30m/1h! Let me know your thoughts!