as we monitor gbpjpy we can see it forming a symmetric triangle > for the sake of this trade/profit we will assume that it is. most profit potential is on the 2-day chart key point: . Resistance: > after the breakout, of the previous resistance 157, we see GJ made a high of 168 also failing to break this twice we can call this our roof > after 168 we see...
Short GBPJPY @ 163.30 TP: 157.88 SL: Will keep an eye and most probably cut this trade above 164.60 area. We saw a dovish hike from BOE which cause a sell off in GBPXXX currency which was all reversed on the back of the US NFP print (which doesn't really make sense). I would think this GBP rally will be short lived and I expect sterling to trade weaker in the...
OANDA:GBPJPY GBPJPY broke bullish structure, I am currently anticipating a retest at support turned into resistance to go bearish on GBPJPY
Last Friday GP rallied up some buys into 163.00's......on the Day TF, GJ rejected by the 8Ema. Expecting some shorts into 161.80-161.62.....before a a possible buy back. NB: 162.80-162.60 is a breakout zone!!!
The market is in Divergence mode better to look sell opportunity in it. Every high is best price for selling.
Point B retrace at 61.8 What is more important in this case is point BC also retrace at 61.8 This double 61.8 retracement is a perfect Gartley in Theory. There are also confirming sing for the short position. If we have a classic divergence when the price reaching the price tag that will be even more of a perfect sell set up. The RSI is expect to have a...
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GBPJPY ia struggling on a resistance big fall is coming on gbp jpy sell GBPJPY with your own money management and hang on for the fall patience is the key in financial world
Yo Ruffians Happy new week family💙💙💙 We are still on GBPJPY. Kindly watch video till the end 🙏 Don't forget to like, share and follow for more content Comment your thoughts below 👇
GBPJPY created a bullish chanhe of character ( Choch ) I'm actually waiting fot price to sell into the Demand zone left behind before the change of character for mitigation . I'll be looking forward to buy from there. price also just gave us an opportunity to sell into the demand zone before we finally buy. follow for more analysis. Stefan FX...
Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
GBP_JPY Break trendline, And a move down towards the target 1 or 2 SHORT
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 is what we possibly expect from GBPJPY Kindly watch video till the end🙏 comment you thoughts below👇👇 Don't forget to like, share, follow for more content
GBPJPY is pullback to broken trend line after three days bearish move. Now it is pullback to trend line and can drop again. Trade safe. good luck.
With a bullish Yen, GBPJPY might retest the current channel it is in. Possible continuation of the trade if the pair breaks the support of the channel
On the Daily time frame, prices are approaching the resistance zone at 164.50, in line with the descending channel’s resistance and Fibonacci confluence levels where we could see a reversal below this area to the support target at 156.80. Failure to hold below the resistance zone at 164.50 could see a push up to the resistance target at 167.90. Stochastic is...
GBPJPY broke the structure and now back at retest look for bearish confirmations on lo weer time frames and enter sell with your own money management