if you look at this pair at a glance, it looks like there is an opportunity to short, because the price has broken out of the trendline. it is better to wait a while, if the price can go down deeper than the blue line below, then the price will most likely go to the SnD area. this analysis is valid as long as the price does not rise back more than the invalid area.
GBP-JPY is trading in an Uptrend and the pair Broke out of the bullish Flag pattern made a retest And is now going up again So I am locally bullish biased Thus, I think the target above Will be retested !
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.
i am expecting GBPJPY down move from here by making head & shoulder pattern
i am expecting GBPJPY sell around VSA trendline, also there is weekly POI exist
a bullish trendline has been formed with 3 areas touching, in my opinion the price will rise quite high in the medium term. the initial target is fibo extension 1. where the length of wave 5 is equal to the length of wave 3. the price can be said to be bearish when the price can go down through the bullish trendline. the best option right now is to look for a...
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Rising Wedge as an Correction in Long Time Frame Impulse Correction HH - HL Divergence Break of Structure Bullish Channel in Short Time Frame
Price is currently at the fibo extension of 0.618, coinciding with a possible reversal on H4. I am more inclined to sell as long as price remains inside the blue box, with a small SL placement and TP distance.
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.
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.
it seems that the strength of up-trend is getting weaker and it's suitable for Sell (Short Position)
Pair : XAUUSD ( Gold / U.S Dollar ) Description : Bullish Channel Impulse Correction Completed " 1234 " Impulsive Wave RSI - Divergence Break of Structure Symmetrical Triangle in STF with the Breakout of the Upper Trend Line
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!
Price currently ranging in between the resistance at 170.856 & support at 170.185 while also forming possible uptrendline. Now if price closes above the resistance then we can expect price to continue pushing up to the next resistance at 171.950 & if price closes below the support then price might continue to the next support at 169.426.
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.
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.
Hello Traders, Hope you all are doing good!! I expect GJ to go Up after finishing the correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can...
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame and Breakout the Lower Trend Line and Completed the Retracement Impulse Correction Impulse Divergence Rejection from Fibonacci Level - 78.60% Break of Structure Completed " 1234 " Impulsive Wave