Price has been in a correction on the Weekly and Daily Timeframes, with multiple break of structure to signify a bearish momentum. Price has currently consolidated and is distributing at the dynamic support turned resistance. I would be looking to sell GBPJPY for about 960pips to 153.99. **As always, trade cautiously.
The GBPJPY trend for the month of March has been quite bearish, with the pair experiencing a significant decrease in value from 164.505 to 158.549, representing a decline of approximately 550 pips. This decline has been consistent across both daily and H4 time frames, indicating that the bearish order flow is quite strong and sustained. Despite this trend, there...
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.
weekly chart is bearish and broke last week low. suspect strength in jpy for coming days even for weeks. Supply zone for short 163.20-164.10. stop loss 164.40, initial target 160.60, longer term target 158.80.
Hello traders! ‼️ This is my perspective on GBPJPY. Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill that huge imbalance higher and then to reject from bearish order block, as well we have there most orders as per volume profile . Like, comment and subscribe...
#GBPJPY - According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week. - JPY has become somewhat STRONG as VIX...
GBPJPY appears to be gearing up for a strong bearish move. There was a strong rejection from the supply zone evident on the weekly TF. Take profit target will be area near the trendline support.
I am anticipating a short in this pair as price has become bearish. I have marked out a zone where i believe that price will retrace to and then sell off from. Once price hits this zone i will look for my confirmation entry. I am expecting to see 161.00 area as target Happy Trading
as per my method gbpjpy has tapped at my poi and also gave the confirmtaion so we can enter for sell in gbpjpy always use stoploss and enter only after confirmation, i am not your paid consultant so cant update you accordingly, thanks!
Sell gbpjpy at current price . after 25 pips prpfit set BreakEven at entry Point Follow money management
The weekly chart for GBP JPY is telling a story. It starts with showing a broken trendline. As you can see on my chart, the trendline is broken to the downside and then retested (also retesting a major level of resistance). At this meeting point, a weekly pinbar is formed (highlighted in green). Price shows us a rejection as its reaction. There are only 3 main...
beautiful sell on Gbp/Jpy, Japanese Yen showed extreme strength during NFP . waiting for price to reach the order block before entering for the sell. with major news ahead I moved my stop loss to break in profit but price continued to my take profit successful end of the week...
Technical analysis for GBPJPY. Price retouches resistance for a 3rd time and will likely fall from y here.
Im longterm bearish and now we hit 163.000 weekly level and could expect a drop to 161.000. But we have to stay below 163.000.
GBPJPY is in bearish trend so we took sell entry following the trendline
GBJPY is currently in a strong uptrend on the 60m timeframe. It has just produced a higher high, higher close candle at the bottom of a descending channel - both of which are bullish signals. I have entered at the open of the 12:00 candle and will hold until a retest of the previous structure high.
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.
It looks ready for shorts -hit 163.000 weekly level -4h structure bearish -broke 30 min Sell area