Hey traders, here is the analysis for the GBPJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
On this one, we have two strong resistances respected by the price. An additional forming pattern will add a lot of confidence to enter a short position on this one. Will it get formed ? Time will tell...
looking at a swing point, gbpjpy might be ready for the great fall. last week price made its first bearish impulse and we have seen price retracing all the way back completing its retracement (if price is going to drop) and has reached an orderblock. from here we should see price reverse however it would also be best if we could get a fakeout before price drops...
Trade ideas for GBPJPY by Hardi
Price right now on horizontal resistance level. There is also EMA-50 on this resistance level so we could say this is an area of confluence.
Yesterday we see an aggresive meltdown on GBPJPY, which i assume as the wave-iii.
Right now, I am assuming we're at wave-iv because it is retracing the recent meltdown. We will use wave-i as...
Hello Traders Welcome back to another profit day
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Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you...
Hey traders, here is the analysis for the GBPJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
I would like to see a collapse following the New York session open.
The huge impulse move this morning needs a retracement to correct some imbalance + I believe more downside is on the cards.
Welcome to our Trade Setups - June 07th ( GBPJPY ) !
SELL GBPJPY
ENTRY LEVEL @ 154.972
SL @ 156.481
TP @ 148.936
Max Risk: 1% - 3%!
Risk/Reward Ratio: 4
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Have a great week everyone!
Hey traders, here is the analysis for the GBPJPY. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks. NOTE - Please do your own analysis before taking the trade.
As we can see on the GBPJPY daily time frame since last December, the Bull keeps the market up strongly, and the Pound was getting stronger than strong against YEN. After the G7 Meeting and Federal Reserve Meting, the Pond is getting weaker slowly. We are going to open a short position from the current price level.
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Analysis on #GBPJPY
This is similar to my gold analysis from today, as you can see the market kee topping and gets rejected every time it goes up.
Do not get the wrong way, we are still in an uptrend but I don like buying it here, the market...
