On GBPJPY the current price pattern is an ascending channel that's more clearer on 15min Timeframe and which is also inline with the 1HTF structure (Pattern inside pattern), if it holds I'll be considering A Risk entry type at the top of the bearish structure at an area of value. Reduced risk entry after the impulsive back down followed by a tight flag or...
GBPJPY is at some very key SR levels and daily resistance zone. We can see GBPJPY has started to pull back drom the weekly zone of 170 and started to make Lower Highs. Price at the 164 zone is a key SR level and also the daily resistance zone. Move from here is expected to be the 156 if not the 150 zone.
looking to take gbp jpy for a 1/2 risk reward set up here disclaimer - information shared is for educational and demo purposes only i am not a financial advisor and this is not financial advice, this is for entertainment purposes
So in this idee we can clearly see a nice double top formed and ABCD patter running great strong resistance line, also stoch showing that price is running above 80% about to go down to retest on the support area. Please share you comments on this idea.
Gbpjpy is expected to reverse from here, just tapped at our poi and now we are waiting for a confirmation, remember always wait for confirmation I am not your investment advisor, just posting my analysis, please do appreciate, constructive criticism is appreated.
Hello traders! ‼️ This is my perspective of GBPJPY . Here we are bullish from H4 timeframe perspective, so I am looking for longs. I see price to continue the retracement to fulfill the imbalance lower and then to reject from bullish order block. Like, comment and subscribe to be in touch with my content!
Hi all GBP/JPY is currently breaking through the daily timeframe resistance level of 155.549. So, this retreat trade has 160.652 as its target. It may be good to hold swing positions if the price rejects the entry level and closes below the consolidation level. My trading strategy is not intended to be a signal service. It's a process of learning about market...
Inverted cup and handle formation is evident and a short entry can be taken on the break of the handle.
This is just An IDEA . In GBPJPY DAILY Timeframe have ABCD BEARISH Pattern GREEN LINES are Targets for TP. WAIT until close RED candle. HAVE GREAT DAY .
As it is shown in the chart the red area seems to be a very strong resistance for GBPJPY therefore we might expect a short position at that level. . What do you think of GBPJPY?
First breakdown video of my shorts positions i took on 2/20/23. I will try to keep getting better at describing my analysis and not studder as much. hope you can benefit from the vid!
Hello traders around the world! My name is Alexandre Karim, and this is the second plan for GBPJPY. (You can check out the first one as well and how it moved). Forex traders are always looking for the most profitable and reliable trading opportunities. One such opportunity is the GBPJPY pair, which represents the exchange rate between the British pound and the...
Solid Cypher pattern on the H1 for GJ here. With strong confirmation from the H1 order block as highlighted in the upper blue rectangle.a confirmation on the M15 may be necessary for entry.
*SMART MONEY CONCEPTS* (SEE ATTACHED RELATED IDEAS) I have a 15 min chart that I looked at and fiund Smart Money concepts throughout that would suggest a short as long as the price is moving bulish at midnight NY Time... Even then my daily outlook maybe off. But I don't believe my weekly outlook will be off. There's too much to sugggest a short. Such as the...
So GJ is still under Weekly Resistance (Level 161.800), and we opinionate price will go for one final push up to 161.800 which aligns with 78.60 Fib level taking us to 160.500 as a first take profit target. The other probability is that it does not push up and just starts going bearish from where price is currently at (161.428) and we may this because this is a...
Entry at M5 bearish OB = 161.714 10RR 16pips sl - 168pips full tp or 15min entry on mitigation block = 161.638, 6.7RR 23pips sl - 160pips full tp Stop loss above the swing high Confluences: 1hr previous liquidity taken out + it formed failed swing after taking that high out. Taking partial + breakeven when it breaks below 160.971 Trade at your own risk
JBPJPY im looking for short (sell opportunity) reasons: 1. H4 resistance 2.LWT sell side trend broken. 3.equal lows/ LQ down side 4. IB,OB down side