GBP/JPY Direction Changed Confirmed Short Setup To Get 250 Pips!Here Is My 4H GBP/JPY Chart , And This Is My Opinion , After we buy this pair and get the full way to upside now We have a very clear reversal pattern after this massive movement to upside finally we have a very clear reversal pattern , Descending Triangle and the price closed below the support for this reversal pattern ,also we have a great breakout candle closed below the support area which prove it`s a perfect bearish price action , i missed the first entry directly when the price closed below the support but i hope the price will go up again to retest the broken support specially that we have an old res in this area so 70% we will have this retest and then we can enter a sell trade and targeting 80 to 160 pips and using a decent stop loss for sure .
Entry Reasons :
- Over Bought
- Descending Triangle
- Bearish Price Action
- Strong Old Res
Gbpjpysetup
GBPJPY Short Term Sell IdeaH4 - Strong bearish move.
Currently it looks like a pullback is happening.
Expecting bearish continuation until the two strong resistance zones hold.
If you enjoy this idea, donโt forget to LIKE ๐, FOLLOW โ
, SHARE ๐, and COMMENT โ! Drop your thoughts and charts below to keep the discussion going. Your support helps keep this content free and reach more people! ๐
GBP/JPY Second Chance For Buy Cleared , 200 Pips Waiting !Here Is My 2H GBP/JPY Chart and this is my opinion , we entered a buy trade last week from the lowest place as we can and now we have a new great place we can buy from it , we have a good res around 213.100 / 213.300 and this is an old res and support the price respected it many times and now finally we have a real breakout and closure above this res and now we are working with ot ad support and we can buy from it when the price go back to retest it for the first time after breakout and we can targeting 100:150 pips as target and using a decent sl , if we have a daily closure below our support then this idea will not be valid anymore .
Entry Reasons :
- Broken Res
- Bullish Price Action
- Good Support
GBP/JPY Double Bottom Confirmed , Long Setup To Get 150 Pips !Here Is My 1H GBP/JPY Chart And I See that we have a huge movement to downside last week and we have not any correction and the price broke all supports that touched and finally we have a good support that forced the price to respect it and go up a little from it and we have a clear big bullish candle and also now the price created a clear reversal pattern ( double bottom ) and the price closed above the neckline and retest it for the first time , so we are waiting the price to go back to retest a broken neckline and then we can enter a buy trade and we can targeting from 70 : 150 pips and using a decent sl , also if the price o deeper and touched the main support again we can enter a buy trade , if we have a daily closure below the lowest support then this idea will not be valid anymore .
Entry Reasons :
- Clear Reversal Pattern
- Bullish Price Action
- Over Bought
GBPJPY Bullish Breakout!
HI,Traders !
#GBPJPY is trading in a
Strong uptrend and the
Pair is made a bullish
Breakout of the key
Horizontal level of 215.391
Which is now a support
And as the breakout is
Confirmed we will be
Expecting a further bullish
Continuation !
Comment and subscribe to help us grow !
GBP/JPY Touched The Sky ! Let`s Sell And Get 150 Pips Easily ! Here Is My 4H GBP/JPY Chart And Here Is My Opinion , we have a huge movement to upside without any correction but we have a very strong res @ 215.700 to 215.900 and this res forced the price to go down when the price touched it before for more than 500 pips so it`s a very strong res and we can sell from it , also we have a very good bearish 4H Candle that closed below the res area after it touched it , so i`m waiting the price to go up a little to retest the res one more time and give us a good bearish price action to enter a sell trade and we can targeting from 100 to 150 pips and using a decent stop loss , if we have a daily closure above this res area then his idea will not be valid anymore.
Entry Reasons :
- Over Bought
- Bearish P.A Confirmed
- Strong Res
GBP/JPY H&S Reversal Pattern Confirmed , Sell To Get 150 Pips !Here is my 1H Chart On GBP/JPY , The price creating a very clear reversal pattern ( Head & Shoulders pattern ) and the price made a very good Bearish price action now ,and we have a clear closure below our neckline with huge bearish candle that closed below our neckline and now we are waiting the price to go up a little to retest the broken neckline to confirm our sell entry , and in this case we can targeting from 50 to 100 pips cuz the max high for the pattern not more than 100 pips , so we should targeting 70:80% max but if we checked the bigger time frames we will see that this is an old res area and can push the price to downside more and more .
Reasons To Enter :
1- Perfect Touch For The Area .
2- Clear Bearish Price Action .
3- Bigger T.F Giving Good Bearish P.A .
4- Clear Reversal Pattern .
GBPJPY Bullish SetupDay Trade Setup:
GBP both macros and fundamentals are trending bullish. JPY is weakning with USD CPI forecast will be more than anticipation. Market is already rallying to fill to CPI void.
Entry @ Break of Bullish Setup/ CMP
TP: 1:1 & 1:2
SL: Swing Low
Note: Break Even SL if TP1 hits
What do you think?
Which Res Will Force GBP/JPY To Not Going More To Upside ?Here is my opinion on 4H T.F On GBP/JPY Chart , the price very near to touch a very strong res area that forced the price to respect it and go down for more than 300 pips for 2 times , and if we checked the chart we will see that the price is going up very hard without any good correction so we need a break and for a good retracement , and need a very strong res area to force the price to go down at least for 100 to 150 pips so i choose this area cuz it`s a very strong res area , it`s not the highest place the price touch it but it touched it last week and resected it so let`s see if it will force the price to go down a little or not , i`m waiting the price at this area i mentioned also on the chart to sell if we have a good rejection and good bearish Price Action to confirm it and targeting from 100 to 200 pips . if we have a daily closure above my res area this idea will not be valid anymore and then we will waiting the prices at the other 2 places for sell that cleared on the chart .
Entry Reasons :
1- Very Strong Daily & Weekly Res Area .
2- Perfect Bearish Price Action Last 2 Times .
3- Bigger Time Frames Confirmed .
4- Reversal Pattern On 1H T.F
Feel Free To Give Me Your Opinion On The Comment
Has GBP/JPY Topped After Moving Average Rejection?๐ฏ GBP/JPY "THE GUPPY" BEARISH SWING/DAY TRADE SETUP | Multi-Layer Entry Strategy ๐ฅ
๐ MARKET OVERVIEW
Asset: GBP/JPY (The Guppy) - Forex Major Cross
Trade Type: Swing/Day Trade
Direction: ๐ป BEARISH BIAS CONFIRMED
Strategy: Thief Layering Method (Multiple Limit Orders)
๐ฏ TRADE PLAN BREAKDOWN
๐ BEARISH SETUP CONFIRMED:
โ
Simple Moving Average (SMA) Breakout Detected
โ
Price Rejection at Key Resistance Zone
โ
Overbought Conditions on Multiple Timeframes
โ
Moving Average Acting as "Police Force" Resistance
๐จ ENTRY STRATEGY: THIEF LAYERING METHOD
โ ๏ธ IMPORTANT: This strategy uses MULTIPLE SELL LIMIT ORDERS (Layering Technique)
๐ฏ Suggested Sell Limit Layers:
Layer 1: 211.500 ๐ด
Layer 2: 211.000 ๐ด
Layer 3: 210.500 ๐ด
๐ก PRO TIP: You can add more layers or adjust based on your risk tolerance and account size. This "ladder entry" approach helps average your entry price and reduces timing risk.
Alternative: Market execution at current price levels is also viable if price shows immediate bearish momentum.
๐ฏ TAKE PROFIT TARGET
Primary TP: 209.000 ๐ฐ
โ ๏ธ THIEF OG's DISCLAIMER:
This is a suggested target zone. You are your own boss! Take profits when YOU feel comfortable. Scale out partially at psychological levels (210.00, 209.50) if you prefer to lock in gains progressively. Your money, your rules, your risk!
๐ STOP LOSS
Thief SL: 212.000 โ
โ ๏ธ RISK MANAGEMENT NOTICE:
This is a recommended invalidation level. Adjust based on your personal risk tolerance and position sizing. Never risk more than 1-2% of your account per trade. Ladies & Gentlemen, protect your capital firstโprofits come second!
๐ CORRELATED PAIRS TO WATCH
Direct Correlation Analysis:
GBP/USD (Cable) ๐ฌ๐ง๐ต
Watch for: GBP weakness will amplify bearish move on GBP/JPY
Key Level: Monitor 1.2400 support zone
EUR/JPY ๐ช๐บ๐ฏ๐ต
Correlation: High positive correlation (~0.85)
Use Case: Confirms JPY strength across the board
USD/JPY ๐บ๐ธ๐ฏ๐ต
Watch for: JPY strength against USD = stronger confirmation
Key Level: Breaking below 155.00 = JPY bullish momentum
GBP/CHF ๐ฌ๐ง๐จ๐ญ
Correlation: Measures pure GBP strength
Use Case: Weakness here confirms GBP leg of our bearish thesis
XAU/USD (Gold) ๐ฅ๐ต
Risk-Off Indicator: Rising gold = JPY strength (safe haven flow)
Current Zone: Watch $2,750-2,800 resistance
๐ FUNDAMENTAL & ECONOMIC FACTORS
๐ฌ๐ง GBP FUNDAMENTALS (Bearish Pressure):
Bank of England (BoE): Dovish stance expected; potential rate pause/cut cycle ahead
UK GDP Growth: Slowing economic momentum concerns
Inflation Data: Cooling CPI reduces hawkish BoE expectations
Political Uncertainty: Fiscal policy concerns weighing on Sterling
๐ฏ๐ต JPY FUNDAMENTALS (Bullish Support):
Bank of Japan (BoJ): Shifting away from ultra-loose policy; normalization talks
Yen Strength Drivers: Safe-haven demand amid global uncertainty
Wage Growth: Rising wages supporting domestic inflation = hawkish BoJ pivot potential
Intervention Risk: Japanese authorities monitoring excessive Yen weakness
๐
UPCOMING NEWS CATALYSTS TO WATCH
โ ๏ธ HIGH-IMPACT EVENTS THIS WEEK:
๐ฌ๐ง UK Economic Data:
Manufacturing & Services PMI
Retail Sales Data
BoE Speakers/Minutes
๐ฏ๐ต Japan Economic Data:
Tokyo CPI (leading inflation indicator)
BoJ Policy Meeting Minutes
Trade Balance Data
๐ Global Risk Sentiment:
US Federal Reserve Statements
Global Equity Market Performance (Risk-On/Risk-Off flows)
Geopolitical Tensions (affects safe-haven demand)
๐ก TRADING NOTE: Avoid holding through major BoE or BoJ announcements if day trading. For swing traders, widen stops during high-volatility events.
๐ฅ TECHNICAL CONFLUENCE CHECKLIST
โ
SMA Breakout (Bearish)
โ
Resistance Rejection at 211.50+ zone
โ
Overbought RSI/Stochastic on H4/Daily
โ
Price Trapped Above Key Support-Turned-Resistance
โ
Momentum Divergence Signals
โ
Volume Confirmation on Reversal Candles
๐ THIEF TRADING PSYCHOLOGY REMINDERS
๐ง Stay Disciplined: Stick to your plan, not your emotions
๐ฐ Manage Risk First: Profits are a byproduct of good risk management
๐ Follow Price Action: Let the market tell you when you're right or wrong
๐ฏ No FOMO: Missing a trade is better than forcing a bad one
๐ Scale Your Winners: Let profitable positions breathe with trailing stops
๐ FINAL VERDICT
The GBP/JPY "Guppy" is showing HIGH-PROBABILITY bearish setup with technical, fundamental, and correlation alignment. The Thief Layering strategy allows flexible entry management while the 209.000 target offers solid risk:reward potential.
Risk:Reward Ratio: Approximately 1:2.5 (based on layer average entry)
๐ If this analysis helps you, smash that LIKE button and FOLLOW for more Thief Strategy setups!
๐ฌ Drop your thoughts belowโare you team BEAR or waiting for confirmation?
#GBPJPY #ForexTrading #ThiefStrategy #TechnicalAnalysis #SwingTrading #DayTrading #ForexSignals #PriceAction #RiskManagement #TradingView #ForexCommunity #TheGuppy ๐ฏ๐๐ฐ
#GBPJPY: Latest Update Intraday Selling Trading Setup! โด๏ธ The GBPJPY pair recently established a record high at 214 before experiencing a decline to 208. Subsequently, robust support emerged, initiating a price reversal. The current trading price stands at 212.43, where significant resistance is evident. We are observing substantial selling volume entering the market; however, strong fundamental support is required, particularly for the Japanese Yen, given its recent record low.
โด๏ธ This situation presents challenges in accurately determining price action for JPY pairs. Further analysis suggests potential intervention by the Bank of Japan in the near future, which would align with our assessment.
โด๏ธWe have identified two potential selling opportunities: the initial entry point is at the current trading price upon market open on Monday, and the secondary entry point is at 213.90, should the market clear buy-side liquidity. Please utilize the entry strategy that best aligns with your analytical perspective.
Like And Comment
Team Setupsfx_
#gbpjpy #gbpjpysell #gbp #jpy #smartmoneyconcept #smc #ict
GBP/JPY Breakout Done , Ready To Get 200 Pips ?Here is my 4H Chart on GBP /JPY , We Have A Clear Breakout and the price closed above my old res and new support and we have a very good bullish Price Action on 1 And 2 And 4 Hours T.F Also , the price will try to retest the area @ 212.000 and if it give us a good bullish price action on smaller time frames we can enter a buy trade and we can targeting from 100 to 200 pips . and we have a daily closure above the broken res so we are sure it`s not a fake breakout , and if we have a daily closure again below my new res then this idea will not be valid anymore .
Entry Reasons :
1- Clear Breakout
2- Many T.F Confirmations .
3- Perfect Price Action
GBP/JPY Ready To Go Up And Give Us 200 Pips ,Are You Ready ?Here is my 4H Chart on GBP /JPY , We Have A Clear Breakout and the price closed above my old res and new support and we have a very good bullish Price Action on 1 And 2 And 4 Hours T.F Also , the price will try to retest the area @ 210.000 and if it give us a good bullish price action on smaller time frames we can enter a buy trade and we can targeting from 100 to 200 pips . and we have a daily closure above the broken res so we are sure it`s not a fake breakout , and if we have a daily closure again below my new res then this idea will not be valid anymore .
Entry Reasons :
1- Clear Breakout
2- Many T.F Confirmations .
3- Perfect Price Action
GBP/JPY Ready To Go Up ,Pattern Confirmed, Ready For 150 Pips ?Here is my 4H Chart On GBP/JPY , The price creating a very clear reversal pattern ( Inverted Head & Shoulders ) and the price made a very good bullish price action now And the price confirmed the pattern by closing above the neckline. so we can enter a buy trade when the price go back to retest the broken neckline to can use a small stop loss ,or we can enter from the risky place @ 210.000 cuz we have a very good bullish candle confirmed the pattern but i prefer to wait the price to retest the broken neckline to give me more confirmation and to can use decent stop loss , and we can targeting from 100 to 150pips with a decent stop loss . if we have a daily closure below our neckline then this idea will not be valid anymore .
Reasons To Enter :
1- Clear Reversal Pattern
2- Clear Bullish Price Action .
3- Bigger T.F Giving Good Bullish P.A .
4- Breakout Confirmed.
5- Pattern Confirmed .
GBP/JPY Still Very Bearish , New Chance To Get 200 Pips !Here is my 4H Charts On GBP/JPY , We have a very good bearish price action and we sold this pair times in the few weeks and this pair still very bearish after this massive movement to upside last 2 months , so we still bearish in this pair and i believe that the price still have some movement to downside specially after this clear daily closure below my very strong support 210.000 that forced the price many times to respect it and move to upside , now we have a very clear closure below it with daily and weekly candle so we have a good confirmation prove that this support already broken so now it will work as a res and we can sell this pair from it , so i`m waiting the price to go up a little to retest this broken support and new res and give us a good bearish price action and then we can enter a sell trade and targeting 100 to 200 pips , if we have a daily closure again above 210.000 this idea will not be valid anymore .
Reasons To Enter :
1- Perfect Breakout .
2- Clear Bearish Price Action .
3- Bigger T.F Giving Good Bearish P.A .
4 - Perfect 15 Mins Closure .
GBP/JPY Upside Scenario | Technical & Macro Alignment๐ GBP/JPY "THE DRAGON" - BULLISH SWING/DAY TRADE SETUP | Thief Trader Strategy ๐ฏ
๐ MARKET OVERVIEW
Asset: GBP/JPY (British Pound / Japanese Yen) - "The Dragon" ๐
Market: Forex - Major Cross Pair
Trade Type: Swing / Day Trade Opportunity
Bias: BULLISH ๐
Strategy: Thief Layering Method + Moving Average Pullback Confirmation โ
๐ฏ TRADE PLAN BREAKDOWN
๐ Entry Strategy - "Thief Layering Method"
The Thief Strategy utilizes multiple limit orders (layering/DCA style) to build positions at strategic levels. This approach minimizes risk while maximizing entry opportunities during pullbacks.
๐ Multiple Buy Limit Layers:
๐น Layer 1: 210.000
๐น Layer 2: 210.500
๐น Layer 3: 211.000
๐น Layer 4: 211.500
๐น Layer 5: 212.000
Note: You can add more layers based on your risk tolerance and account size. Scale in gradually as price pulls back to your levels! ๐ฐ
๐ฏ Take Profit Target
TP: 217.000 ๐
โ ๏ธ Police Force Zone Alert! Strong resistance + overbought conditions + bull trap potential exists near this level. Secure profits wisely! Lock in gains and don't get greedy - the market rewards those who escape with the bag! ๐ผโจ
Dear Thief OG's: This is MY target, but YOUR money = YOUR rules! Take profits when YOU feel comfortable. Trade at your own risk! ๐
๐ Stop Loss
SL: 209.500 ๐จ
Protect your capital like a professional thief protects the loot! Set your stop loss below key support to avoid unnecessary losses.
Dear Thief OG's: This is MY stop loss level. You can adjust based on YOUR risk management and trading plan. Remember: Survival > Being Right! ๐ก๏ธ
๐ TECHNICAL ANALYSIS
โ
Bullish Plan Confirmed via Simple Moving Average (SMA) Pullback
โ
Price showing bounce from support zone
โ
Higher lows forming - bullish momentum building ๐
โ
Trend continuation pattern identified
โ
Risk-to-Reward Ratio: Favorable (approximately 1:3+) ๐ฒ
๐ฑ CORRELATED PAIRS TO WATCH
Understanding correlated pairs helps you confirm your directional bias and avoid overexposure!
Positive Correlation (Move Together):
๐ฌ๐ง GBP/USD โ If Cable rises, GBP/JPY likely follows (GBP strength)
๐ช๐บ EUR/JPY โ Similar JPY weakness dynamics
๐ฆ๐บ AUD/JPY โ Risk-on sentiment indicator
Inverse Correlation (Move Opposite):
๐บ๐ธ USD/JPY โ If rising, confirms JPY weakness (bullish for GBP/JPY)
๐ด JPY Index (DXY inverse) โ Watch Yen strength/weakness
Key Dollar Pairs for Context:
๐ต GBP/USD (Cable): Shows pure GBP strength vs USD
๐ต EUR/USD: Risk sentiment gauge for European currencies
๐ต DXY (Dollar Index): Overall USD strength measurement
๐ Key Point: If GBP/USD is bullish AND USD/JPY is bullish = DOUBLE confirmation for GBP/JPY upside! ๐๐
๐ FUNDAMENTAL & ECONOMIC FACTORS (Real-Time Considerations)
๐ฌ๐ง GBP (British Pound) Drivers:
โ
Bank of England (BoE) Policy Stance:
BoE maintaining restrictive rates to combat inflation
UK inflation showing resilience vs Europe
Rate cut expectations pushed further into 2025
โ
UK Economic Data to Watch:
๐ UK GDP Growth Reports
๐ UK Employment/Wage Data
๐ UK Retail Sales & Consumer Confidence
๐ญ UK PMI (Manufacturing & Services)
Recent Context (Check Latest Updates!): UK economy showing resilience, wage growth remains elevated, supporting hawkish BoE stance = GBP strength potential ๐ช
๐ฏ๐ต JPY (Japanese Yen) Drivers:
โ ๏ธ Bank of Japan (BoJ) Policy:
BoJ exiting ultra-loose policy but SLOWLY
Yield curve control adjustments ongoing
JPY remains sensitive to risk sentiment
Interest rate differential vs other majors = JPY weakness
โ
Japan Economic Data to Watch:
๐ Japan CPI & Inflation Data
๐ Japan GDP Reports
๐ฆ BoJ Policy Meetings & Governor Ueda Statements
๐ Tokyo Core CPI (leading indicator)
Recent Context (Check Latest Updates!): BoJ moving toward normalization but lagging other central banks = continued JPY weakness vs higher-yielding currencies ๐
๐ Global Risk Sentiment:
๐ Risk-On Environment = JPY weakness (funds flow to higher-yielding assets)
๐ Risk-Off Environment = JPY strength (safe-haven flows)
๐ฏ Current Sentiment: Monitor global equity markets & VIX volatility
๐
UPCOMING KEY EVENTS TO WATCH:
๐ Always check economic calendar before trading!
Bank of England Interest Rate Decisions & MPC Votes
UK Inflation Reports (CPI/PPI)
Bank of Japan Policy Meetings
Japan Inflation Data
Global Risk Events (Geopolitics, Fed Decisions impacting risk sentiment)
โก Pro Tip: Avoid holding positions through high-impact news unless you're comfortable with volatility! ๐ข
๐ THIEF TRADER WISDOM & MOTIVATION:::::
๐ "The market is a device for transferring money from the impatient to the patient." - Warren Buffett
๐ "In trading, the amateur acts on hope; the professional acts on probabilities." - Thief OG Mindset
๐ฅ "Plan the trade, trade the plan, and steal profits like a professional!"
๐ "Patience, discipline, and risk management - the holy trinity of profitable trading!"
๐ฐ "Bulls make money, bears make money, pigs get slaughtered. Take profits when you can!"
๐ฏ "Success is not about being right 100% of the time; it's about cutting losses fast and letting winners run!"
๐ก๏ธ "Your capital is your lifeline - protect it at ALL costs!"
โ ๏ธ RISK DISCLAIMER
YOUR MONEY = YOUR RULES = YOUR RESPONSIBILITY ๐ฏ
๐ฌ FINAL WORDS
The Dragon is awakening! ๐๐ฅ Will you join the hunt or watch from the sidelines? The setup is clean, the levels are marked, and the plan is solid. Now it's YOUR turn to execute with discipline!
Remember: Trading is a marathon, not a sprint. Stay patient, stay disciplined, and most importantly - stay profitable! ๐ช๐ฐ
๐ฌ Let's Connect!
๐ฅ Like this idea? Smash that LIKE button! ๐
๐ข Want more? Drop a FOLLOW for daily setups! ๐
๐ญ Questions? Comment below - let's discuss! ๐จ๏ธ
๐ Turn on notifications so you never miss a Dragon setup! ๐
๐ Happy Hunting, Thief OG's! ๐
GBP/JPY Bearish Confirmed , Short Setup To Get 200 Pips !Here is my 4H Chart on GBP/JPY , We Have A Fake Breakout and also clear Stop Hunt which is take all stop losses above my res area before going to downside very hard , it`s a clear action from market makers , and now the price Back below my old res with amazing bearish candle and we have a very good bearish Price Action on 2 And 4 Hours T.F Also the price playing very good around my res and i`m waiting the price to retest the broken area and giving me a good bearish price action on smaller time frames to can get a confirmation to enter From the first area for sell and if the price moved more to upside i will enter from second area , So i see it`s a good chance to sell this pair if it go up a little to retest the broken area and then we can sell it and targeting 100 to 200 pips . and if we have a daily closure again above my new res then this idea will not be valid anymore .
Reasons To Enter :
1- Perfect Breakout .
2- Clear Bearish Price Action .
3- Bigger T.F Giving Good Bearish P.A .
4 - Perfect 15 Mins Closure .
5- The Price Respect The Res Again .
GBP/JPY Best Places To Buy And Sell Cleared , 400 Pips Waiting !Here is m y opinion on GBOP/JPY On 4H T.F , We have a Huge movement To Upside & Then to downside since Last 2 weeks , and we have a good range for buy and sell started between 211.900 to 210.000 so we can buy and sell GBP/JPY This Week from 2 areas , 210.000 will be the best place for Buy and 211.900 will be the best place for Sell , now the price very near buy area so we can Enter a buy trade now and targeting 211.900 and when the price touch it and give us a good bearish P.A , we can enter a sell trade and targeting 210.000, It`s All Depend On Price action , if we have a daily closure below our support then this idea will not be valid anymore .
Entry Reasons :
1- Lowest Level The Price Touch It
2- Broken Res .
3- New Support Touched .
4- Clear Price Action .
5- Clear Support & Res .
6- Price Range Cleared .
GBP/JPY Made A Reversal Pattern , Short Setup To Get 100 Pips !Here is my 1H Chart On GBP/JPY , And finally the chart made a reversal pattern The price creating a very clear reversal pattern ( double top) and the price made a very good bearish price action now from good res area But until now we have not a clear closure below our neckline to confirm the pattern , so we should wait for clear closure with 1H Candle at least below the neckline to can get a confirmation and enter a sell trade and in this case we can targeting from 50 to 100 pips cuz the high for the pattern not more than 100 pips , and if we have not a closure below the neckline this idea will not be valid anymore .
Reasons For Enter :
- Reversal Pattern
- Good Bearish Price Action .
- Over Bought .
GBPJPY SELL | Idea Trading AnalysisGBPJPY is moving on support zone
The price has recently reached a strong resistance zone, noting previous sell-offs in that area. It appears that we may see more sideways movement
GBPJPY is near the resistance, where price dropped before.
We expect a bearish move from the confluence zone.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPJPY
I still did my best and this is the most likely count for me at the moment.
-------------------
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad โ๏ธ
Is GBP/JPY Setting Up for Another Bullish Leg Higher?๐ GBP/JPY โTHE DRAGONโ โ Swing Trade Opportunity Guide! ๐น๐ฅ
๐ฌ Overview:
The Dragon is waking up ๐ฒ โ GBP/JPY showing strong bullish momentum confirmed by Kijun-sen moving average pullback support ๐ข. Price action indicates potential upside continuation as long as Kijun holds.
๐ฏ Plan:
Thief going full layer mode ๐ต๏ธโโ๏ธ๐ฐ โ stacking multiple buy limits (layering entries) around 201 / 202 / 203 levels. You can increase or reduce the number of layers based on your personal trade management style and risk tolerance.
๐ Stop Loss:
This is Thiefโs SL @ 200.00 โ๏ธ
Dear Ladies & Gentlemen (Thief OGs) โ manage your stop loss according to your own risk strategy. This is not a fixed level recommendation. Protect your capital like a pro ๐ผ.
๐ฏ Target:
Expecting a bullish climb toward 208.00 zone, where moving averages align as resistance + potential overbought zone + liquidity trap. ๐ฏ Take profits smartly, donโt get greedy โ escape with profits like a true Thief OG! ๐๐ธ
๐ง Note:
Dear Ladies & Gentlemen (Thief OGs), this setup is not financial advice โ itโs a strategic view based on Thiefโs layering style. Always plan your entries, SL, and TP according to your own risk tolerance and capital plan.
๐ Correlation & Related Pairs to Watch:
๐ท GBP/USD โ Often moves in sync with GBP/JPY during strong GBP sentiment.
๐ด USD/JPY โ Key driver of Yen weakness/strength. If USD/JPY stays bullish, GBP/JPY gets more fuel.
๐ถ EUR/JPY โ Similar momentum flow. A bullish EUR/JPY often confirms risk-on tone for GBP/JPY.
๐ต DXY (US Dollar Index) โ Watch for inverse reaction. Strong DXY may slow GBP pairs temporarily.
๐ Key Highlights:
โจ Kijun-sen confirms bullish structure
โจ Layered entry strategy = controlled risk + better average
โจ MA resistance near 208 โ perfect take-profit exit
โจ Watch correlated Yen pairs for early confirmation signals
๐ Thiefโs Final Words:
Trade smart, layer deep, and take profits like a pro. The Dragon flies only for the disciplined ๐๐น.
GBP/JPY Best Place For Sell Cleared After This Massive Move !Here is my opinion on Daily T.F On GBP/JPY Chart , the price Very Near to touch a very strong res area that forced the price to respect it and go down for more than 500 pips for 1 time , and if we checked the chart we will see that the price is going up very hard without any correction so we need a very strong res area to force the price to go down at least for 300 pips so i choose this area cuz it`s the highest place the price touch it and it respect it very much and go down very hard as it go up very hard , so i`m waiting the price at this area to sell it and targeting from 100 to 300 pips . if we have a daily closure above my res area this idea will not be valid anymore .
Entry Reasons :
1- Very Strong Daily & Weekly Res Area .
2- Perfect Bearish Price Action Last Time .
3- Bigger Time Frames Confirmed .






















