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.
Here is my view for GBPJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
here is my gbpjpy short idea
its based on
market structure - formed a bearish W formation - overall bearish on 1h tf
trading session - end of asia , beginn of london
currency strength on last hour, jpy strong, gbp weak
im thankful to see how this setup plays out
Trade type AAA
My previous idea:
Reasons for taking this trade.
- After the small rally (see idea above) apparently we hit daily SND zone.
- We are at premium price levels.
- Main bias is sell.
- 4HR has closed really bearish
here is my gbpjpy short idea
its based on
market structure - very bearish, trading under weekly pivot, created lower highs and lower lows which been tested already
currency strength - gbp very weak , jpy strong
tradingsession - london asia pair - currently in middle of london which ends in 4h already, so gbp will probably not gain strength again
im...
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.
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 .
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#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!
