As you can see the price respected the bullish daily FVG and created the bullish breaker that comes with bullish FVG.
If the price retests the bullish breaker block, it can be our entry; keep in mind we need LTF confirmation for entry.
In this scenario, we can target Daily bearish FVG and also the liquidity above relative equal high.
💡Wait for the...
GBPJPY is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle.
Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement.
If the bulls sustain to upside the optimum target could be 195.800 followed by 198
What you...
Daily order block has yet to be mitigated leaving pending orders that need to be liquidated. Based on lower timeframes and a Wyckoff accumulation schematic, looking to take price back up to unmitigated 5M/1M order block before falling to pick up more liquidity to take to the upside.
Take a look at our analysis for GBPJPY.
Time Frame: 30m
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 191.946.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 192.595 level.
P.S
The term oversold...
The price above the red support zone is expected to stabilize and then initiate an uptrend.
Otherwise, by passing the support range, the correction and downward trend of the scenario will be likely
My Dear Robbers / Traders,
This is our master plan to Heist Bearish side of GBP/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at...
Daily - neutral. in no man's land this month. can be quite volatile. not suitable to trade this month.
Origin - Bearish, in need of pullback. nah, not getting involved in GJ this week.
The analysis below, the Daily tf has hit my POI showing that the market is showing signs in the change of trend upward, when down to the 4hr tf waiting for a confirmation in the shift of the and have another opportunity to have access to enter the market.... Say tune for next Analyse!!
This Weekly FORECAST
Opportunity for GBPJPY. This setup trading idea is for swing. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
Price is rising towards a resistance level which is a pullback resistance that aligns with the 38.2% Fibonacci retracement, and could reverse from this level to our take profit.
Entry: 193.522
Why we like it:
There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement.
Stop loss: 195.104
Why we like it:
There is a pullback resistance...
Very messy PA in multiple the Yen pairs. Considering HTF; most of the Yen pairs reached a VA or ATH and impulsively turned around. Assuming the BOJ intervened at least twice, but the market did not yet follow through yet. The overall situation is still undecided, with fundamentals not supporting an immediate strengthening in the Yen.
However Positioning is prime...
GBPJPY - LONG
gbpjpy will push up to make bigger correction, ones the correction complete look for sell setups, another 500pip+ will come. jpy pair will move like crazy, trade with care and always use SL.
V.Ragu
Based on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
The 4-hour right side is up against 186.04. 1-hour right side is turning down against 197.4. Near term, while below 197.4, expect pair to extend lower to correct cycle from 3.11.2024 low in 3, 7, or 11 swing towards 186.04 – 190.4 area before it resumes higher. We like the long side from the 4 hour blue box area (if reached).
The GBP/JPY currency pair is showing indications of a potential selling opportunity, with a targeted sell zone identified between 191.90 and 193.00. This range represents an area where sellers may consider entering the market, anticipating downward movement in the exchange rate.
Furthermore, technical analysis suggests two potential targets for this sell...
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.
