*Price approaching the sell zone **A demand zone below the price which might attract price to the downsize
We will be buying to sell this pair at our POIs. Hoping this makes sense.
GBPJPY - Intraday - We look to Sell a break of 161.09 (stop at 161.49) Short term momentum is bearish. 161.11 has been pivotal. A break of the recent low at 161.16 should result in a further move lower. We look for losses to be extended today. Our profit targets will be 160.11 and 159.91 Resistance: 161.70 / 162.00 / 162.40 Support: 161.10 / 160.30 / 160.00
Price is below daily pivot. Price is in a descending channel. Rejection at 0.618 fib. Bearish divergence. Price rejection from 1hr supply zone. Targeting the next 1hr demand zone.
Today’s expectation is explained in the chart. Follow me here to get notified of future posted 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, TP 2 , TP 3 and EXIT (SL) 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 differently during the session and only enter...
GBPJPY CHART ANALYSIS POSTED!!! Let's see how this pair will perform based on the analysis, I see short. Make sure you do your research and based on your confluence please look for the entry.
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, TP 2 , TP 3 and EXIT (SL) 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 differently during the session and only enter...
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I've been calling this for a couple months now. GJ at a very important level on the M Chart for an OTE. ICT can tell you :) We have seen alot of consolidating at this level, soon enough we should fall.
GJ has been experiencing a sloppy move upside with the decreasing strength of GBP.... GJ rejected from my breakout zone at 162.67....hence I see a correction to 159....before any upside momentum
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, TP 2 , TP 3 and EXIT (SL) 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 differently during the session and only enter...
This idea has been revised. GJ at broken down a number of times after having come off the Point of interest. I am personally late into this trade but it can still be taken with good profits (RR: 5.39) I mapped out an ideal second entry and exit strategy, in case the second order blocks should fail to be respected. Enter at your own discretion.
if GBPJPY fails to close above the 162.7 resistance, then it's going to continue its recency short
On the H4 time frame, prices are in a descending channel and a pullback to the resistance zone at 164.50, in line with the 78.6% Fibonacci retracement and 100% Fibonacci extension presents an opportunity to play the drop to the next support zone at 159.50. Stochastic is facing bearish pressure from the resistance at 97.37 as well where we could see a reversal...
GBPJPY gained sharply above It has shown a minor decline despite upbeat UK CPI. the pair is holding above short-term 21-EMA, 55 EMA, and long-term 200 EMA (162.13).
Hello traders! ✅ This is my trade on GBPJPY . Here I expect bearish price action as price took out liquidity above previous daily high and rejected from bearish orderblock + institutional big figure 163.000. Like, comment and subscribe to be in touch with my content!
GBPJPY has rebounded strongly from the low of last week. It has made a high yesterday and is now showing weakness at the current level. A sell trade here will allow us to challenge the 160 lows. RSI divergence present and stops just 50 pips above.