Gbpjpy - H4 - Price is making bearish swings now as the recently rally in jpy pairs comes near an end or correction. Expecting huge downside on this pair 300-400 pips target
It appears as though price has hit a D extension to the upside. Looking at a retracement potentially to the 38.2 or the 61.8 before we see a continuation to the upside.
Hi there, GBPJPY is going for a hard drop soon, dont try catch top, wait bearish price action to start, then short. Sl above neckline FIRST TP 140 2 TP 120 Long term analysis Good luck
GBPJPY - Intraday - We look to Sell a break of 152.15 (stop at 152.41) Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Posted a Treble Top formation. A higher correction is expected. Expect trading to remain...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (152.11). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (152.11). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
gbpjpy sell : Reasons : 1)jpys are strong as longs have been added to cot report 2)as usdjpy is rising it has a 1h order block so it will come down 3)so we expect gbppjpy also short as there is a correlation between the jpy pairs
H1 timeframe If can breakout this triangle retest than entry is safe entry Tight stoploss Huge profit 1:4 R/R
Please read my previous post to understand the long term directional bias. I will be selling into swing buys. I assume the sell setup will look something along these lines once we purge the trend line liquidity and fill some of the imbalance. I have created an illustration to make it clearer for you.
GBPJPY Here we have the chart of GBPJAY I am going to short from here because on the monthly time frame it touched the strong resistance And if we see one the other side we easily can see that GBPJAY running on the parallel channel and given breakout [/lis Thankyou I hope from this trade you will get some green pips 💲💲🤪
Took a sell position here, not much to explain other than a breakdown of this high range the price has been languishing in for the past few candles
Hi guys, I hope you are fine Today I prepared an analysis of the GBPJPY currency pair In this chart, I see a head and shoulders pattern The break of 151.817 price range will move to the next resistance of 152.776 ✅ Buy = 151,817 🔻 Sell = 152,776 I hope you enjoyed this analysis. Follow us
As you can see, gbpjpy closed under 153.70. After retesting 153.70 to 153.75 it will gain momentum for selling. A close below 153.45 can be expected for safe selling. Non-farm payroll, which will be announced tomorrow, could determine the strength of the pair.
FX:GBPJPY Hi guy this will be my setup for G/J. We have been moving quite bearish last week and ended the week @ trend resistance. This resistance had been hold price quite strongly and now have a strong possibility to repeat itself. Entries and Take Profits you need to take carefully with proper risk management
i focus to sell coz i follow the trendline > downtrend now this on GBP/JPY i create the trendline with 4 confirmation arrow down to know this is uptrend or downtrend. yeahhh.. that is DOWN TREND.. and price touch the trendline after no 4 arrow down.. so price go pullback i entry SELL 7 layer on 155.282 risk on 40pip and i reward around 150pip-300pip ehh...
GBPJPY is the sell sooner or later. Just need to break and come out of the consolidation zone and then It would be a good swing sell of more than 400 Pips. This is not a financial advice, It is just an idea, Market can go in opposite side as well. So please manage the risk.
Since the beginning of March, GbpJpy is carving a rounded top. Now the pair is trading exactly in pattern's support and a break here looks inevitable. If such a break happens we can consider the formation complete and open sell position. The target for the pattern is more than 500 pips down so 144 technical support can be in play
Another successful clean trade setup. First TP smashed. I had set the same TP for both my entries but ended up seeing the possibilities of price going even lower. This new TP lines up exactly with our -27 fibbo retracement line (DM me to learn how to use the Fibbo the easiest way). Another entry should have been opened upon price retesting the violated channel's...