Hello, as you can see GJ is near a weekly foundation and whenever price is next to that area we tend to see a lot of consolidation on smaller timeframes, although you can always take advantage of minor structure although I would love to see GJ close off with a Doji candle, at the end of the week. As we are in the corrective stages on the weekly timeframe. Happy...
Price was moving into the range and tried to continue moving up but failed and broke below our sell zone. We waited for the price to make a new LL on 15min and placed sell. Stoploss at previous high and target was previous low..................... Let me know if you guys have any questions in the comment section.
The British pound broke down significantly last week, reaching down to the ¥160 level. The ¥160 level is an area that is a large, round, psychologically significant figure, and the fact that we bounced from there should not be a huge surprise. The question now is whether or not we can break above that massive shooting star from the previous week? I suspect we...
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.
Expecting bullish price action on GJ as we are in a bullish mraket strucutre from a HTF premise, price filled all the bullish imbalances on it's way and right now we should go for the bearish openede imbalances. Price rejected also an important area of a bullish orderblock on the H4 with a clear bullish candle on the H4. Market Sentiment tells us that retailers...
A few days ago I said that, in my opinion, GbpJpy can reach 180 in the long run, and my opinion is the same. As it was normal after the strong shoot up to 168, the pair has corrected and this correction can be a good opportunity for buyers 158-160 zone is strong support at this point and here I will look for opportunities. That being said, dips under 160 should be...
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
SHORT GBPJPY at 165.83 TP at 161.76 SL at RH 168.43 GBPJPY is breaking down and collapsing out of the upward channel. I expect to find aggressive sellers here as Cable sells off also. GL
GBPJPY intraday bullish trade idea. Looking for a breakout to go up for 100 Pips.
if gbpjpy breaks and closes below 164.044 zone then might continue going down to the marked zone and gbpjpy respects 164.044 as its support zone then it could continue going up to retest 167.944
GBPJPY taking support on its trend line. If H4 candle give its closing above the Doji candles then take buy opportunity on it.
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.
SHORT GBPJPY @ 154.60 TP: 149 SL: 158 With the way things are playing out in Russia and Ukraine, a strong risk off mood has entered the markets. I have decided to sell the break of the 61.8% Fibbo in GBPJPY as I believe this will continue to grind lower in the coming days. I will continue to sell rallies in this pair all the way up to 158 lvl (although I don't...
For 5 years, between 2016 and 2021, 125 zone provided an impenetrable price for GbpJpy. After a decisive break above 150, the pair has risen to 157. A new range has formed with this high and also this 10 months consolidation has been broken recently to the upside and a continuation to the next important resistance is to be expected. That being said, corrections to...
Hey, on the 15min chart there is a minor trend line break, before enter For the overall sell, wait for a retest then a drop. Always set your alerts to avoid fake outs and impulsive trading. Currently we are on continuation stage. But have your confirmations before entering as we still in the festive seasons thus a lot of fake outs. Jesus loves you❤️