GBPJPY is neutral on its 1D technical outlook (RSI = 50.345, MACD = 0.240, ADX = 29.640) as the recent bullish run came to an end on the HH trendline. For now the 1D MA50 held but the peak pattern formed is a Head and Shoulders. The 1D MACD is on a Bearish Cross, so the short signal is complete. Our target is the S1 level, potentially a contact with the 1D MA200...
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.
GBPJPY is on a bullish 1D technical outlook (RSI = 65.529, MACD = 1.210, ADX = 62.251), which is a natural consequence of the strong 3 week rally since the January 2nd bottom. However this rally appears to have come to an end as not only has the price hit and got rejected twice on the R1 level (188.660) but the 1D RSI has also reach the top of its six month...
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.
GBPJPY remains bearish on the 1D timeframe (RSI = 34.266, MACD = -0.180, ADX = 42.349) despite today's rebound following yesterday's bottom near the S1 level. The key here is that this bottom was made very close to the 1D MA200, which hasn't been crossed since April 6th. The 1D RSI almost got oversold for a moment (near 30.000) yesterday, so all indicators point...
GBPJPY Good Bounce Back Expected from Yellow Zone. Use Strict SL guys. Like if your want more free sugnals and follor me
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
currently the closest target is down to the SnD which intersects with the bullish channel trendline. if the price responds positively to this area, then there is a possibility that the price is bullish again.
GBPJPY hit today the top (HH line) of the Megaphone pattern that started on the May 24th 2021 High. Tha last time it did (April 18th 2022), the price got rejected back to the 0.618 Fibonacci level and the 1W MA50. Right now the 1W MA50 is already near the 0.618 Fibonacci and is headed towards the 0.5. With the 1W technicals vastly overbought (RSI = 75.716, MACD =...
GBPJPY is neutral between the Falling Resistance and a 1 year Rising Support Zone. This creates an opportunity to scalp inside a Triangle pattern. Besides that, buy above the Falling Resistance and target 166.000 (Resistance A + 0.618 Fibonacci) and sell under the Rising Support Zone and target 155.550 (Support A). Follow us, like the idea and leave a comment below!!
GBPJPY is trading inside a Channel Down for the past month. The price hit today the 3 month Rising Support that started at the beginning of the year. Trading Plan: 1. Buy as long as the Rising Support holds. 2. Sell if the Rising Support breaks (i.e. closes a candle under it). Targets: 1. 162.000 (top of Channel Down and under the MA200 (4h)). 2. 157.000...
Hey trader. I hope you having a fantastic week! The price is currently running in the double bottoms 2nd leg formation and above the 50 and bullish crossed short-term MA's. We're expecting an uptrend to the double bottoms neckline for the accumulation phase formation. The price will react to that anticipation once it has bearish retested the Daily Half a Bat...
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.
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.
✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ ✯✯✯✯✯✯✯✯GJ- GBP/JPY- Weekly Forex Trade Analysis- 06-06-2021 - 06-11-2021✯✯✯✯✯✯✯ ✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯Trade Idea Information And Market Analysis✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯✯ #1- Market Trend / Market Bias = Uptrend- The Market Trend Is Up A. Blue Arrow Pointing Upwards... Signaling A...
Here's an idea on the GBPJPY pair, the pair is currently trading in an ascending triangle within a bigger ascending channel on the D1 chart the ascending triangle could be a signal for continuation on the pair. looking for a continuation to the upside and for the ascending channel to hold and continuation with the bulls. Signal: Buy after market open from Current...