The British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer...
GJ - The 160.000 zone is our main focus for London, I want to see either a solid break and retest above OR the previous weeks $$ swiped and a close back below (Candles failing to break the zone) Either will give us a good potential opportunity for buys or sells, I'm still favoring that break/retest though, nice inverted H&S forming, but lets see what happens!
Let...
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.
GJ - Looking for sells/continuations while we have no candle closes above 157.200, looking for price to continue down on the HTF, looking for a retracement initially maybe to swipe the HOD $ or YD $ before continuing down, candle closes are key here will be keeping close eye on the 30m/1h!
Let me know your thoughts!
GJ - Overall bearish but price seems to be stalling, if we get confirmation i will take short term buys here (Retracement) up towards the 1H supply zone, if price takes off with no confirmation ill be waiting for reactions in the 1H supply zone for sells or breaks of the lows for straight continuations.
Let me know your thoughts!
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 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.
You can see price hovering around underneath the 160.000 level, stuck in a range, I don't want to trade here.. Look how clean the move was to the left on the last bullish impulse,
So for me if price breaks above the 160.00 with confirmation we've got a much cleaner looking opportunity (80/90 pip move) back up to 160.851, than selling from there back into the...
GJ Price is sitting on the DH, I may take some LTF sells here depending on structure/if price fails to close above previous 1HH/DH, but overall i've got a buy Bias here until that 1H low is broken, lots of buying pressure this week, no need to try trade against it, go with the flow 🏄♀️
Let me know your thoughts!
GJ if we can break through 167.638 area i'll be looking for buys back to the 1H high following orderflow, if price fails and falls back to the 1H low demand i'll be also looking for buy there, not interested in sells today on GJ, maybe some LTF scalps if we get a retracement but thats it
let me know your thoughts!
Inducement and liquity have been built up ,here majority of retail traders like you and I have either open orders or pending which may have been activated .
The Smart money guys sit right on their hands waiting for all the money to be swept out then they shot their short
Remember this season is for profit taking
GJ - waiting for a reaction at the previous 1H high today, also keeping an eye on Ydays high for a liquidity grab, the area between the 1HH and the YD$ is a key level i'll be looking for structure to be formed before i look to take buys, if that liquidity is swiped and we get no structure above the 1H high i'll start looking for sell opportunities and aim for the...
Aiming for the SM Target @ 164 - Bears already in - POC @ 166 - Waiting for micro Structure Breaks to the Downside (Almost guaranteed Pullback @ 164, placed Buy Limits here)
Buyer pressure has greatly diminished on the GBPJPY pair; sellers will then proceed with massive selling at this price level;
Furthermore, we have reached a price zone that discourages buyers from buying further. So we open our sell positions for the next target 165.100
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.
GJ is siting on a key level, waiting to see if that potential PRZ from Ydays low holds or breaks and I wont be looking for buys until 166.600 breaks or the Ydays low fails, same with sells, need Ydays low to break to then look to take price down to the 165 area
Let me know your thoughts!
