British Pound / Japanese Yen X - Right Prices! Based on my previous chart we have archived 100% accuracy on the prices! no Software, no computer only beautiful mathematic! Next mid support: 197.243 197.483 198.340 198.407 Execution price:198.608 Distribution price: $200.321 Prepare for Descending unless market go to the red area and finish the mess!
possible 1:8 sell setup after price went for liquidity area
I'm sorry this came in late...Market retraced to a support area..Over all bias on a higher time frame perspective is bullish...There was a divergence on 15min time frame which denotes that buyers are trying to take the market upwards....
GJ hit the highest high! She is starting to settle down and will retest the highest high and more than likely continue to be bullish. There is no real news for the rest of the day. As always I have marked both a Buy and Sell with a 40+ pip SL. Please follow your trading plan and adjust SL and risk accordingly. Good luck have a pipful day!
- Currency Pair: GBP/JPY - Trade Type: Buying - Entry Price: 196.062 - Take Profit: 199.762 - Stop Loss: 193.958 Rationale for the Trade: - Bullish Outlook: The trade is initiated on the expectation of continued upward movement in the GBP/JPY pair. - Technical Analysis: The entry point coincides with key support levels, suggesting a potential...
Pair : GBPJPY Position : LONG ( BUY ) Entry 1 : 195.135 STOP LOSS @ 194.680 TP 1 @ 195.585 TP 2 @ 195.985 TP 3 @ open ( Trailing SL )
The pullback that occurred after the rapid rise reached the 50% retracement level. EURUSD is near the upper boundary of the channel. We think that the chart will continue the pullback. ------------------- Share your opinion in the comments and support the idea with like. Thanks for your support!
Hello traders! 🌟 I hope you're having a fantastic weekend. As we gear up for the trading week, I've spotted an exciting opportunity on GBPJPY that I wanted to share with you. Trading Setup: GBPJPY Cup and Handle Pattern ☕🖐️ The chart reveals a classic Cup and Handle pattern. Key Breakout Level: Keep an eye on the breakout level at 188.661. Cup and Handle...
GBP JPY closing the gap with 190. breaking 190 will result in a hike. BOJ is expected to normalize policy by MARCH or APRIL but most likely APRIL. in that case there is a 5 to 6 weeks time window to hike. the real targe is 200. 14th of FEB GBP GREEN CPI could strengthen THE GBP INDEX. For now JPY index is visiting very important bottoms while USD JPY broke her...
We have these indicators for SELL opportunity: - Reflection from the trend line (Has been created since 2020) - Low volume to continue the current direction - Resistance from last peak (2015) - Return/re-test to 1 Month high area (min. for TP1) We define 3 goals: TP 1 = 80 pips TP 2 = 200 pips TP 3 = 400 pips
It is expected that the current bullish wave will end at the resistance levels and then a corrective trend will be formed. The price above the trend line is then expected to provide consolidation support. Ignoring all corrections, the price has entered a long-term uptrend
OANDA:GBPJPY The pair is overbought and near resistance. Indicators show that the price has formed a peak. Fundamentally, after the BoJ decision to hike rates up to 0.1%, which was expected, the yen should recover, GJ should follow suite. The trade if the scenario unfolds will take a while
✅The GBP/JPY currency pair is currently indicating a selling opportunity, with the price sitting at 199.500 ✅ This suggests that traders may consider selling the pair at this level. In terms of potential profit-taking levels, traders could look at exiting positions at 197.20, 196.70, and 196.00, which represent descending price targets. ✅ These levels provide...
5hr link: 30m link: 👁 OUTLOOK FOREX: GBPJPY 5hr: So looking at the 5hr we are clearly bullish, it is looking really extended tho (extended just means far from the emas) From my personal experience, price will most likely come back to 1 of the emas. That could be the 10, 50 or 200I would personally wait towards the middle of the week maybe on Tuesday onwards...
Price broke above monthly zone and has clear space to push up to next monthly high at 214.000. Watch for bottom wick rejection at zone for entry to push up to next level
GBPJPY Daily Trading Journal Happy with Prices delivery to the195 the monthly buy side liquidity on Friday. Price is gravitating towards the SIBI and seems likely it will continue. That said I suspect Price will deliver a low to rebalance the D FVG created on Friday. Price could seek lower prices taking the sell stops noted for the weeks low target.
After price confirmed a down trend last two weeks, price retraced to liquidity while respecting the trend line so from here onward I expect GJ to fall through.