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.
Price while moving in an uptrend, after a retest on a higher TF resistance level at 170.003 started to form a build up phase, than it broke out of the build up phase to create a new higher high at 170.574. now price forming a ranging structure while facing resistance at the new high & recent support at 169.954. So if price respects the recent support & breaks out...
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.
GBP-JPY is trading in a rising channel And the pair is now retest the support cluster Of the rising and horizontal support From where a bullish rebound And a move up are to be expected !
Price currently ranging in between 169.835 as resistance & 167.188 as support while also moving in respect to a higher TF uptrendline. Now if price breaks & closes above the resistance at 169.835, then we can expect price to continue pushing up creating higher high while moving in respect to the uptrendline. However, if price closes below the support, then we can...
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.
🔴 GBPJPY TF: 12H Side: Short SL: ¥170.095 TP 1: ¥165.030 TP 2: ¥161.896 TP 3: ¥1159.364 This pair is at a strong resistance and looking overbought. I think it will go down to around ¥160ish and then bounce up from there.
GBPJPY (4h) had a strong liquidity grab on the last day of the last trading week giving us a possible pathway to buy and sell. As the weekly close, our price has formed a weekly doji just above a weekly resistance zone. From a daily perspective, we see GBPJPY has also grabbed liquidity from the support zone creating a lower high on the daily. From the 4H...
So we are still ranging in between 169.313 as resistance & 167.574 as support. Also we have a shorter TF resistance level formed in between the ranging zone at 168.667. Now if price closes below the support at 167.563 on 30m TF then we can expect price to continue pushing down to the next support level at 166.972 or all the to 165.601. Similarly if price closes...
Price has a recent support at 167.736 which its currently making a break out of & also it formed a resistance at 168.425. Price also just formed multiple lower lows while moving in respect to a newly formed downtrendline as you can see from the chart. Now if price respects the resistance & closes below the support, then we can expect price to continue pushing down...
Price has a recent support at 168.015 & resistance at 168.717. And also price made a breakout of the HTF uptrendline as well signaling a possible retracement move in a newly formed downtrendline. Now if price closes below the support, then we can expect price to continue pushing down to the next Support zone at 167.047.
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.
Price has a recent support zone at 168.400 & resistance zone at 169.337. And also price made a breakout of the HTF uptrendline as well signaling a possible retracement move in a newly formed downtrendline. Now if price closes below the support, then we can expect price to continue pushing down to the next key level at 167.810 or all the way to 167.047. However if...
GBPJPY SELL LONG NEED MORE INFO FOLLOW ME RSI Provide Sell Indicator
Technical Analysis Chart Update GBP / JPY ( British Pound / Japanese Yen ) Time Frame - H2 Elliot Waves - Completed " 12345 " Impulsive Wave at Daily Resistance Level now it will Follow Sell Trend to complete its Correction " ABC " In Short Time Frame #STF it is Following BULLISH CHANNEL need Breakout and Retest Strong Selling Divergence in #RSI
Price facing recent support at 167.073 after creating a new high retesting HTF resistance level at 167.846 while also moving in respect to a HTF uptrendline. So if price closes below the support zone, then we can look for trades on the short side expecting price to push down retesting the next support levels at 166.363 or 165.419. However if continue to respect...
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.