GBPJPY trading in descending triangle pattern. Traders need pay attention to break this pattern. We have 2 option trade.
The GBPJPY market is in Bullish Divergence and also taking support on major support levels. Better to look buying opportunity on it.
GBPJPY is consolidating after a sell off. The market created a box. Price action usually pauses before breaking out and going further down. We expect test support levels. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Expecting GJ to rallied up after rejecting my rejection zone (red box) which served as an order block for my drops. NB: a string fundamental on GBP on Friday will affect the market too Not a financial advice tho!
as we monitor gbpjpy we can see it forming a symmetric triangle > for the sake of this trade/profit we will assume that it is. most profit potential is on the 2-day chart key point: . Resistance: > after the breakout, of the previous resistance 157, we see GJ made a high of 168 also failing to break this twice we can call this our roof > after 168 we see...
Short GBPJPY @ 163.30 TP: 157.88 SL: Will keep an eye and most probably cut this trade above 164.60 area. We saw a dovish hike from BOE which cause a sell off in GBPXXX currency which was all reversed on the back of the US NFP print (which doesn't really make sense). I would think this GBP rally will be short lived and I expect sterling to trade weaker in the...
The expected move on this week is explained through the arrows & marked key zones.
GBPJPY has rejected the resistance level. We could see some pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
The market is in Divergence mode better to look sell opportunity in it. Every high is best price for selling.
GBPJPY ia struggling on a resistance big fall is coming on gbp jpy sell GBPJPY with your own money management and hang on for the fall patience is the key in financial world
GBPJPY created a bullish chanhe of character ( Choch ) I'm actually waiting fot price to sell into the Demand zone left behind before the change of character for mitigation . I'll be looking forward to buy from there. price also just gave us an opportunity to sell into the demand zone before we finally buy. follow for more analysis. Stefan FX...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 like other jpy pairs make an false breakout out and immediately down to our area now we are expecting the market can go way down so must catch the wave down look for bearish confirmations on lower time frames and sell GBPJPY with your own money management always remember patience eis the key
GBP_JPY Break trendline, And a move down towards the target 1 or 2 SHORT
The GBP/JPY pair displayed selling pressure during the later part of last week's trading session to retest the temporary bullish trendline in the 4H timeframe. Is the price going to respect or break down the bullish trendline this week? Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk...
GBPJPY broke the structure and now back at retest look for bearish confirmations on lo weer time frames and enter sell with your own money management
Hello traders! ⁉️This is my analysis on GBPJPY . Here I expect price to continue the retracement after taking out sell side liquidity with that spike. I am looking for a short position if the price fills the imbalance and rejects from bearish orderblock. Like, comment and subscribe to be in touch with my content!
we have previously shared our analysis for pound yen where we expected a drop from 164.200. we are closing our sell positions now with 400+ pips and placing buys from 159.670 SL & TP are shown on the chart. please use proper risk management and remember it's a long-term trade that could take up to 1-2 months.