If you made money from the other entries I'm very happy for you. If you missed it or want to add on, I believe this setup to be an opportunity. I think this can still go down further but equally think there is still upside later down the road. For now it's looking to go down further and if it does, my 2nd entry zone seems to be the less riskiest and where I see...
if price break the decending chanel we entering to short position with good risk to reward we shoul wait for breaking and retest good luck
Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️ Note: Note: Full TP, SL for winning the market and safe trading!
Dear trader this is not financial advice is just my own analysis. Follow the Sell Area and always use SL. Let me know if this helped.
Dear Traders, hope all of you are doing great, we have 900= pips selling opportunity on GBPJPY, currently we had change of the character and price is bearish since last two days. There are two areas that we are targeting at the moment labelled as 'selling zone 1' and 'selling zone 2'. Remember if you are entering, enter with stop loss not more than 40+ pips which...
After making impulsive move i think gj will come down to its régistance
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.
GBPJPY (Short-Term Analysis) IMO, it is currently consolidating at the support/resistance area. Given the MA indicators and chart pattern, we are pivoting toward the bearish sign.
hello everyone, just a quick analysis of gbpjpy... there seem to be a strong bear flag developing in day tf... first target is 160.5 and final target is 154 good luck
clear pull back and now we going for previous daily, h4 low and supply zone left at the bottom
The GBPJPY pair ended its recent bullish rally by achieving some gains and reaching 166.40, followed by Diving bearishly towards 162.75, hinting its surrender to the stability of the major barrier around 166, which will hinder the attempts to resume the bullish attack in the near term and medium term period. Also, stochastic exit from the overbought areas will...
By analyzing the GBP/JPY symbol, we can see that the price faced selling pressure last day by attacking the liquidity pool above 166 and has managed to fall to 163.6 so far, the probability of continuing to fall to lower levels is high andThe first possible target of this drop will be 162 and the second possible target is 158.5! From the higher and important...
Welcome . British pound against the yen. in a very negative state. With the price reaching the strong resistance 164.500, with a retest of the area. It also formed a very negative candle on the daily chart. with a downward trend. There is a lot of pressure from the sellers to bring the market down. To 160,000 levels in the first stage. And level 158.000 good luck....
#GBPJPY market confront selling to strong pressure market face strong supply zone
#GBPJPY market confronts selling to strong pressure market face strong supply zone
This trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. GBP-JPY is moving in a bearish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bullish AB= CD Harmonic Pattern is used to identify the projection from its current price whereas Short Trade Setup is given to grab the trade...
Last Friday had the buyers push price up with their last strength but got pushed back by the sellers at the supply/resistance zone around 165.50 region which made the daily candle end as a pin bar, and this is a good candle sign for a reversal to occur, and this week I would expect GBPJPY to push all the way down to 161.51 region if 164.38 region holds. Price has...
This is trade idea for GBPJPY Day Trade -Sell in bearish breaker area (FVG 5 inside) with range 164.606 - 164.746 according to the confirmation that will occur. -Risk Reward 1:1.5