Inverted Head and Shoulder on the 30 min chart, please see my markup for details.
On higher timeframe im bullish for gbpjpy Buy Area on 159.500 is really strong to buy TP 1 = 162.000 TP 2 = 164.000 162.000 really imporant level
OANDA:GBPJPY long Trade Setup Support & Resistance Level. GBP JPY Bullish Candle show in chart. Showing Some Good Strength toward move price upwards.
This Analysis is very Simple to understand, breaking it down educationally, on the HTF we are Currently on a Strong Support zone, which is also giving us a good price confluence about GJ showing that we are on A buy Side or on a Bullish Side, so breaking down to D1 and 4HR TF, price created a reversal Pattern W creating HH & HL so then breaking down to the 30m and...
Price looks to be setting up a good 5 wave move. Currently price looks to be in corrective wave two. Come sunday if price can push past the zero lvl of the fib we can be in motive wave 3. Another confluence is within corrective wave 2 there is a sub 5 wave and a abc corrective. With a 50% retracement of 350 pips. The extension or motive 3 is right on par with...
Strong rejection on 4h level - 159.500 nice fake out on 30 min buy area TP 1 - 161.000 TP 2 - 162.000
Hello traders! ‼️ This is my perspective on GBPJPY. Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill that huge imbalance higher and then to reject from bearish order block, as well we have there most orders as per volume profile . Like, comment and subscribe...
I wait for this set up. I go only long if we break this buy area/162.000. If we break 162.000 - back to 164.000 or higher.
GBPJPY long to 162.000 150 pips move Hit 160.000 Support Level and hold 30 min Buy Area
#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week. - JPY has become somewhat STRONG as VIX...
After price during the Asian session has formed two 4hr candles closing bullish coming into the new 4hr London candle the only option is to wait for supports to form and execute buys.
When your session bias is mixed, it's always safer to execute a trade according to how the previous 4hr candle closed (If previous 4hr candle closed bullish look for buy and vice versa).
Inverted head and shoulders on the 30 min chart, entry comes on the the clearing and retesting of the neckline marked with the green line. Also, there is a 382 retracement for another confluence
buy idea buy idea Potential pullback on gbpjpy break trenline,corrrection,,retest,, fly see correction for entry position
as per my method gbpjpy has tapped at my poi and also gave the confirmtaion so we can enter for sell in gbpjpy always use stoploss and enter only after confirmation, i am not your paid consultant so cant update you accordingly, thanks!
When your expected point of entry fails, switch position.
GBPJPY LONG IDEA TO 184.298 SL:160.830 Profit taking at 184.298
Hey Everyone, as we are having the NFP it will be an great chance to take this pair price have shown the low SELLING momentum.