GBPJPY is overextended or, in another word, overbought. It has been moving up for a consecutive 8 days. We expect some pullback. ------------------- 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. Thanks. Disclaimer:- This is not financial advice.
Hello, currently we are waiting for a break of that minor structure trend-line for a minor sell and also basing on structure a sell is coming forth. Although have enough confluences when entering this trade. Jesus loves you ❤️
Hey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
GBPJPY Intraday - We look to Buy at 161.85 (stop at 160.75) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. Preferred trade is to buy on dips. Our profit targets will be 165.00 and 168.40...
Hello, for this week I want to see the market open with a small bullish momentum, although it’s at a critical area, next to weekly foundation level and near a trendline and zone. So am expecting a retest if the trend line before pushing further to the upside, more so its near the 61.80% fib level which is for reversal but if it passes that level and doesn’t reject...
GBPJPY Intraday - We look to Buy at 161.94 (stop at 160.80) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A Doji style candle has been posted from the high. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the...
Hello, I want to see a retest of the zone, then a break to the upside and more so, we are in correction stage there after will move to continuation stage, then a break to the downside after as an overall structure Have enough confluences before entering a trade. Jesus loves you<3
The GBP/JPY pair witnessed selling pressure around 160 area in the last one week as profit-booking happens. From a technical perspective, I am of the opinion that there are two possible scenarios lining up for us going into the new week as a breakout/retest of either the resistance or support trendline identified on the 4H time frame could send the price in the...
I want to see the market scale down for correction stage and continue with the bullish momentum afterwards currently it hit the -61.8% minor structure scaled down a little and continued with the bullish momentum, because currently we are in a correction stage (major structure) and minor structure is also in corrective stage Jesus loves you ❤
GBPJPY Sell H2 SET UP Bearish Sell limit 161.350 strong area 161.300 - 161.700
GJ formed a symmetrical triangle pattern. Now waiting for a breakout of the symmetrical pattern to look for trades as shown in pictures.
GBPJPY is moving sideways like other JPY pairs. Price action has reached a resistance level 160.500. We're considering taking a short trade from resistance. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
GJ rejected twice the 78.6 also its on a downtrend making lower highs
TAYOR! GBPJPY H4 engulf trend still up until hh breakout
Simple, practical, professional. This is a very technical movement which is reviewed. It's based on the Head & Shoulder bearish candlestick pattern. When a Head & Shoulder pattern breaks, it aims for a movement down the size of the movement up between the neck-line to the head. In this case, the distance between the head to the neck-line is 900 pip , from...
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. Disclaimer:- This is not financial advice.
we are looking to go long on the GBPJPY for the long term