short term short on GBPJPY from 158.13 down to 157 to 156.80 . from 156.80 price can start rallying back to the up side. stay tuned to this feed for live trading updates and signals. please refer to my previous publications to be able to understand how I approach the market feel free to drop your own views, comment or criticism .
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)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...
All important points are mentioned on the chart with Buy stop and TPs... This is my personal forecast based on Indicator, previous chart history... Please do your own research before entering this volatile market of Forex... Immediate Local Resistance @ 159.275 If broken upwards then TP1 @159.830 TP2 @160.364 TP3 @160.810 Alternatively, Immediate Support...
GBPJPY retest Asian range 50% and sell off until previous POC
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!
GBPJPY has consolidated in the daily chart since the start of the year, following a steep decline in December. The price for GBPJPY keeps bouncing on the major area between 161.800 resistance and 156.300 support on the daily timeframe. There is also a minor consolidation between 161.800 and 160.600. This minor consolidation area is highlighted between the 50-EMA...
gbpjpy clearly in a uptrend on lower time frames and also pivots still showing trend up at the moment but this level gettin hit on the 4hr we could see a nice pull back which would be perfect for tomorrow for a buying opportunity around 159.1-158.8 now when it get to tomorrows pivot levels i want to see what it does just because we have equal lows "eql" and trend...
We have identified both demand and supply zone from which price may react
Taking the divergence, almost triple top patterns into consideration, the market has left us with a plausible bearish cause to decide upon, knowing well that the price is still trending above the trendline. For a bearish setup to be strongly confirmed, price needs to break below the trendline and also break the previous low (BOS). Alternatively, if the price...
GBPJPY Has retested off the key support zone again to create the end of a triple bottom that we previously saw break out bearish but with last weeks positive news for GBP and the downward trend of the JPY add confluence to the pivot point and we could see prices rise, that being said amidst the gloomy outlook on the undecided interest rates in the UK it would be...
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.
Clean short setup in London yesterday taken. Simple price action trading and resistance!
GBPJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react...
Gbpjbp is trading at resistance, can sell with target 160.1 and 159.4. Stoploss must be maintained above 160.8
Main trend is BEAR since October 2022 Price is entering a powerful historic resistance area 2 rejections have already passed from this area last week making a double -top Price is under de 200, 150, and 50 EMA IF we get a good Bear candle it will mark the way =========== * If you like this idea please leave a comment so we can talk about it * Remember that it´s...