OANDA:GBPJPY Perfect Long Setup in 1 hr Chart. Support and Resistance
Hello traders, I expected a pull back from GBPJPY at the price of 168, and It has done the pull back as a retest to 170, and then I expect another drop from 170, to 168 again, and then testing 172... enjoy trading <3
#GBPJPY In Daily Time Frame Way To Up Bullish Moves in GBPJPY Setup.
Hello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that GbpJpy just retested and rejected a quite obvious previous weekly resistance at the 171.000 JPY level. However you can also see that weekly market structure and moving averages are still very bullish, with last week's candle we broke...
GBP-JPY is moving in a bearish direction. It appears that there is a formation of Falling Wedge Reversal Pattern as well as presence of the Divergence. In this case, this Forex instrument can take a possible reversal from its current price position. Therefore, a long trade setup is suggested in this chart in case of breakout from the Lower High mentioned in the...
In my view the current price is 169.766 and its a sell opportunity for scalpers tp will be 167.734 Now to the main idea GBPJPY will give us a buying opportunity at 167.892 to 167.734 zone till 170.247 upwards after i have already taken a scalping position as i mentioned earlier now i will wait for the confirmation to enter long
Currently, on the one-hour timeframe, we are in a bullish range that extends from 168.713 to 172.094, with the latter being the liquidity point of the current range. We can look for a bullish reaction once the price reaches our potential area of interest between 169.387 and 168.729. Alternatively, if the price shows a marked downward movement, we could look for...
Currently, in the 4-hour timeframe, we are in an uptrend range ranging from 165.422 to 172.328, with the latter being the liquidity point of the current range. We can also see that the price has left us two demand zones of interest in the areas of 167.388 to 166.431 and another from 165.991 to 165.648. When the price touches these areas, we can look for a reaction...
Currently, on the daily timeframe, we are in a bullish range that extends from 165.422 to 172.328, with the latter being the liquidity point of the current range. We can also observe that the price has left an unmitigated zone between 167.341 and 166.431, where we can expect a bullish reaction. Therefore, we can wait for the price to reach this zone to anticipate...
The current move of the pair is an impulse wave 1 of wave C inside a Zigzag correction wave to the upside targeting the all time high price of 195.
Yo, i'm Yakuza, trading gbp/jpy since 2014. Tight gbp coz of rising inflation, weak yen may boost 5th wave. If you interested, let me see it, so i will make updates for smaller timeframes. cya
A really nice buy setup has presented itself on gbp/jpy. We can see the market has retested 171.000 perfectly and has shown a bullish close on the 1HR timeframe. We are also in a strong trend to the upside confirmed by the 20EMA and 50MA. Target for me is the market to make a new high.
Brace yourself for BOJ's announcement The upcoming decision of the Bank of Japan on interest rates will be closely monitored by the markets, regardless of their expectations. This is because it will be the first such decision made under the leadership of the new Governor Kazuo Ueda. Analysts will carefully analyze the accompanying commentary for any hints on...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: On higher timeframe we are in a bearish market structure, that's why I look for shorts. Here I expect bearish price action as price rejected from bearish order block + institutional big figure 167.000. My target is liquidity below equal lows + imbalance. Fundamental analysis: Tomorrow we...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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 Bullish Trend - Daily - H4 in confluence - Support formed for the Asia switchover into London - Looking for the London volume to push price to 167.560 for a 2:1RR - Position will be moved to risk free at 38 Pips or 1:1RR
POTENTIAL BULLISH ENTRY Dow Theory In Place - higher highs and higher lows Expected in Place (Trend continues) Formation of bullish flag coupled (continuation pattern) and double bottom coupled with bullish divergence SL & TP Levels are defined.