gbpjpyshort

Sell from 144.65, TP 1 is 144.30, TP 2 is 143.80

1. Couldn't break past 148.021 2. Short Bias. Expecting to test Daily Trendline again "Risk Management is your best indicator"

GBPJPY still inside triangle pattern, if trendline break down, bearish target at fibonacci 50 with 450 pip at 143.12

GBPJPY almost reach resistance level at 147.84, if this pair failed to break up, and break down up trendline, best opening position after this trendline break with target around 145.12 and stoploss above resistance. with this setup we aim for 196 pips with 2.82 R/r ratio

GBPJPY is short for long-term

-Waiting for point D completion and a clear sell signal before entering ** Due your own due diligence before entering the trade

Hello traders, There is a nice trading opportunity to short GBPJPY. As shown in the chart, once the entry point line is broken using a strong bearish movement, you can short! However, if you want to have your risk/reward to be higher, you the pair can be shorted now with a stop loss at 147.8 Goodluck!

Very bearish day candle forming. At the lower boundary of the support zone once BREAK, SHORT only. Otherwise, bull power still remains.

Our preference: lighten as long as 1.4707 is stopper with 1.4491 as objective. Alternative scenario: the overflow of 1.4707, will validate an increase over 1.4785 and 1.4832. Comment: The RSI is below its neutral zone of 50. The MACD is positive and below its signal line.

I have previously published a short GBPJPY. This is a more detailed count. Currently we are in complex wave 4 (Corrective). This corrective wave 4 is a complex triangle, unfolding in 5 waves. Current up move back to barrier 148 area is labelled as wave E, which is the end of the triangle. Expecting bearish impulsive wave V to start soon. It should decline in a ...

We went long on GBPJPY from 140 to 147 and now we have the opportunity to short this pair back down to the trend line. We can see the price has re-tested the 147 resistance line again, making it the third test in 8 months, which meets the requirements of a possible triple top. In order for this to become a valid triple top, we need to wait for price to break below ...

My prediction Short FX:GBPJPY 144.92 STOP 148.00 TARGET 1 142.00 TARGET 2 138.00

GBPJPY is a perfect example of why you should also look at te higher time frames. If you would only look at the 30m, 1h, 4h, or even the daily you would quickly judge the GBPJPY has gone up a lot already and that it would be very logical to go back down again. How ever when you take a look and the weekly and monthly you see that price is still rather low and it ...

Short at 146.00 level. TP 1 is 145.250 and TP 2 is 144.80. But watch for news and adjust SL when orders is in profit!

Technically: rising wedge (bearish) Fundamentally: JPY short positioning overextended JPY safe haven in the event of equity downturn GBP strength keeps inflation low - BoE will not hike Brexit uncertainty remains GBP positioning not overextended - room for shorts to build Sentiment Speculative market sentiment is very bearish yen; underestimating possibility ...

I will be taking short GBPJPY as soon as I will see double top and next retest of monthly resistance. Its longterm trade guys.! Lets play it out

GBPJPY always down

New Low formed in H4. Shorting at 61.8 Fib Area. Swing Target area 140.000