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.
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPJPY is showing strong bullish momentum in all timeframes. Currently, it is over daily and weekly resistance and already tested once as support on the daily timeframe and formed a Doji. If this instrument opened with a gap to the upside tomorrow, we may see an aggressive move to the upside. Or we may see another retest of the daily resistance( 156.05) as...
GBP-JPY broke out of the falling channel And because the pair is oversold I bullish move up is to be expected With the target of retesting the supply level above (156.6)
GBPJPY hrly long ⚠️ GBP news, half risk buystop @ 154.848 TP #1 @ 155.030 72.73% wr TP #2@ @ 155.485 50.91% wr SL @ swing low 154.063 23.64% hr If you would like to see more posts, visit my trading view profile or visit Bifrosttrades
GBPJPY regained above 154 on weak yen. The minor pullback in Pound sterling also supports the pair at lower levels. Any breach above 1.3050 confirms further bullishness.
As you can see, I drew a red line which is showing perfect form of divergence, as the market moves in three moves impulse, correction and continuation. Which is already happening on the 1 HOUR chart. If it doesn’t break tomorrow then wait for it to push to 155.098 then form a bearish candle stick . Lastly this analysis is based on market structure which is KEY! ...
CCI Analysis- The CCI (50) and Woodies CCI below zero level in Woodies CCI in the 4 -hour chart. It confirms the bearish trend. Technical: The immediate resistance is around 152, any break above targets 152.25/152.75/153.35/154. Significant bullish continuation if it breaks 155.30. On the lower side, near-term support is at 151. Any indicative violation below...
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 has broken to the downside and has created a strong weekly gap which can act as strong resistance to any upward movement. A significant pullback to 152.65 to 152.95 can provide another selling opportunity to take a bigger move to the downside to monthly support
GBP-JPY fell sharply and broke Multiple support levels but the level you are currently at Seems to be the highest level 153 so far The pair is clearly oversold So I think there is a good change To see an upward correction towards 156.7 areas
This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry,...
We are expecting a drop here as GBPJPY have reached to it's monthly supply and consolidating, once the price is set it will drop to 142 area and it will be a long term selling opportunities there.
GBPJPY has broken the trend line and possibly moving to the upside as it has just bounced from a strong weekly support zone
GBPJPY SELL H4 Resistance Zone and retest uptrend line then long sell wait for trade
Hello traders. Negative divergence in daily timeframes is evident in the price, and a new bottom that is lower than the last bottom in the uptrend, so I expect the price to fall at least to the previous floor. If you agree with me, do not forget to like.
I'll be expecting price to short towards 153.100. Reason being, price is currently at strong resistance line starting October 2021 and Stoch is currently overbought and crosses.