FX:GBPJPY
Reached the first take profit from completed Bat pattern, the question is, how to obtain an excuse to reach the second target at 61.8% retracement... IF there's any...
Point D for the completed Green Bat pattern was forged synced with the 127% extension from previous move and then forged point C for an eventual Cypher (yellow) targeting around the...
My dear followers,
I analysed this chart on GBPJPY and concluded the following:
The market is trading on 200.54 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 199.75
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price...
My dear friends,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 194.29 pivot level.
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 193.13
Recommended Stop Loss - 195.01
About Used...
My dear subscribers,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 196.53 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 196.87
About Used Indicators:
The average true range ATR plays an important role in 'Supertrend' as...
My dear friends,
Please, find my technical outlook for GBPJPY below:
The instrument tests an important psychological level 190.56
Bias - Bullish
Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 191.38
Recommended Stop Loss - 190.11
About Used...
My dear subscribers,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 192.66 pivot level.
Bias - Bearish
My Stop Loss - 193.33
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 191.60
About Used Indicators:
The average true range ATR plays an...
My dear friends,
Please, find my technical outlook for GBPJPY below:
The price is coiling around a solid key level - 191.04
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 190.71
Safe Stop Loss - 192.81
About Used Indicators:
The...
My dear friends,
My technical analysis for GBPJPY is below:
The market is trading on 191.04 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 190.79
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
My dear friends,
Please, find my technical outlook for GBPJPY below:
The instrument tests an important psychological level 189.81
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 189.52
About Used Indicators:
Super-trend indicator...
My dear followers,
This is my opinion on the GBPJPY next move:
The asset is approaching an important pivot point 189.48
Bias - Bearish
Safe Stop Loss - 190.95
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 186.98
About Used Indicators:
For...
My dear subscribers,
This is my opinion on the GBPJPY next move:
The instrument tests an important psychological level 187.17
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 186.42
About Used Indicators:
On the subsequent day,...
My dear subscribers,
GBPJPY looks like it will make a good move, and here are the details:
The market is trading on 181.70 pivot level.
Bias - Bullish
My Stop Loss - 181.35
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 182.32
About Used Indicators:
The average true range ATR plays an...
The GBPJPY reversed strongly from the 168.00 resistance area, with the price now having broken the support-turned-resistance level of 166.60.
In addition, the price has closed below the 61.80% Fibonacci retracement level from the longer term.
Further downside could be expected with the next key support level at 165.40. However, the 166.00 round number level...
Read the USDJPY analysis and the GBPUSD analysis
Anticipating some brief upward move on the USDJPY (before a continuation to the downside) and a continuation of the upward trend on the GBPUSD.
This could signal some upside potential for the GBPJPY as the price finds support along the 163 price level. The GBPJPY could climb to retest the 166 resistance level...
This is now HIGH on my watch list... a breakout potential on the GBPJPY!
Price has now tested the 162.32 resistance level twice.
Question is, could it break out?
Although the price has retraced from the high to test the 161 price level, it has also coincided with the order block (in the shaded area). If the price does break out to the upside, the first level...
Looking at the H4 chart, my overall bias for GBPJPY is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 159.436, where the overlap support and 50% Fibonacci line is. Stop loss will be at 157.539, where the recent low is. Take profit will be at 164.350, where the overlap resistance and...
As we can see GBPJPY Weekly close is above
the previous candle now we can see more
upward movement we have 2 point
1. Day candle close above D1 Resistance Level1
2. we can see some retracement
