Bias is to the downside. I see 2 clear support levels, let's see how this plays out.
In 1 hour TF it has formed a triangle shape I have marked the entry points along with the 1 HR TF In 15 Min TF wait for pattern confirmation for entry points Risking/ Reward is 0.084 /3.49 happy hunting guys good luck
Hey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like👍 and follow. Thanks.
Anti Trend Line has been broken Now I will be searching for a nice retracement OR a break below that daily zone. Until then, no trade.
Hey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like👍 and follow. Thanks.
Hey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like👍 and follow. Thanks.
GBPJPY is making higher highs on 1H. Price action made a false break of the resistance level at 164.000. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like👍 and follow. Thanks.
These are the possibilities. Be patient! Use sound money management.
These are the 3 scenarios that I see on GBPJPY. Bias is to the downside, however, candle action will decide.
Hey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like👍 and follow. Thanks.
GBPJPY market is moving in downtrend channel. While in recent downtrend we can see bullish engulfing. So looking at the position i am looking for buy move with two possibilities that i have mentioned.
Trade Levels: SELL LIMIT/STOP: 163/162.4 STOP LOSS: 163.5 - 164 TAKE PROFITS: 160.9 - 161 *Will post 1hr signal and trade levels once available. Follow to receive an update of when I post chart analysis and trading ideas. Like and comment as well. Hope this was easier to read and understand.
GBPJPY analysis update and I’m seeing it’s going to move for +150 PIPs to the upside ✅
Currently, GBPJPY is going down a bit due to MARKET RISK OFF. We expect GBPJPY to go UP again. Anyway, that PRICE can fall on the SUPPORT LINE on the GBPJPY chart again. After that the MARKET can go UPSIDE. You can definitely buy at the GBPJPY 168.69 level. For that, MARKET RISK should be ON. But we can sell GBPJPY up to 158.60 LEVEL according to the...
Hello traders! ⁉️This is my analysis on GBPJPY. Here we have the same scenario as on EURJPY, I expect a retracement and if the price fills the imbalances and rejects from bearish orderblock + institutional 165.000 I will open a short. Like, comment and subscribe to be in touch with my content!
w; bullish but its been rejected from the same resistance twice so I am expecting some bearish moves d; ranging 4h; ranging for any shorts ill be looking for the price to break the range zone, the previous HL, the s/r zone with a momentum candlestick, and below the ema's 50/20 1h price action confirmation and below the ema's
Hello traders, Yesterday we shared analysis on the potential short opportunity for GBPJPY, the trade is playing out exactly as anticipated. Expecting greater momentum to the downside to the specified target (159.00) . Let me know if you have any questions below. God bless, ETGL TEAM <3