GBPJPY #GBPJPY Has Potential For More Upside #GBPJPY Has Potential For More Upside #GBPJPY Has Potential For More Upside Longby MrKTechnicalLevelsUpdated 115
GBPJPY 30 M SELLS.Entry Taken During London Session. 1. Entry Taken at 30 m LH's. 2. Lh's and Ll's Created indicating Sells.Shortby singhsaharsha941
GBP/JPY 500+ PIPS IN SEELING ZONE AT 196.70The GBP/JPY currency pair is displaying potential for a bearish movement, with a targeted selling zone identified at 196.70. This zone represents a level where sellers may look to enter the market, anticipating downward pressure on the exchange rate. Moreover, technical analysis suggests several potential targets for this bearish movement. The first target is set at 193.00, followed by a secondary target at 191.00. These targets are derived from an assessment of various technical indicators, chart patterns, and market dynamics, indicating potential downward movement in the exchange rate towards these levels. Traders and investors should closely monitor market conditions and price action around the identified selling zone, looking for confirmation of bearish momentum before entering positions. Additionally, risk management strategies should be implemented to mitigate potential losses in case market conditions deviate from the anticipated bearish scenario. In summary, the analysis points towards a bearish outlook for GBP/JPY, with a targeted selling zone at 196.70 and technical targets set at 193.00 and 191.00, subject to confirmation of downward momentum.Shortby Leo_Trader01Updated 4431
Putting Risk Reward into PerspectiveMost newbies, and even intermediate traders don't really understand what high risk to reward trades require from themselves and from the market. They think it is something to strive for, and that high RR trades are reserved for the pros. This is far from the truth. In this video I try to give more perspective to this concept. - R2FEditors' picksEducation19:30by Road_2_Funded66242
GBPJPYAnalyzing the GBPJPY chart on the 4-hour timeframe, I notice a bullish momentum followed by a consolidation, indicating a potential resistance area around the 197.45 level. It seems this level is acting as an obstacle for the price, as it has tested this level before and retraced. The market structure analysis shows a pattern of higher highs and higher lows, indicating an overall uptrend. However, a potential correction could take the price towards support levels around the 188.59 area, which aligns with a possible buying zone. The supply and demand analysis suggests there is significant selling pressure near the identified resistance area, which may trigger a reversal if the bullish momentum weakens. In conclusion, the chart shows a clear uptrend, although the selling pressure near the current resistance levels could lead to a downward correction before the upward movement continues. Suggested hashtags: #Forex #GBPJPY #TechnicalAnalysis #Trading #FinancialMarkets #Investments #ForexTrading #TradingStrategy #ForexAnalysis #MarketAnalysis #MarketTrends #TradingLife #SmartInvestment #CurrencyMarket #PriceAction #SmartInvestments #Futures #ForexTrading #TradingCommunity #LiveTradingShortby MartellFxTrader1
looking to long up trend on longer time frame so we look to buy on 15 minutes time frame. by sanituvailea115
Expecting a new higher high.Price has been trending upwards and correcting a few times in the previous quarter yet we still bias on an uptrend because of the recent flip in resistance to supportby KhoraCapitalUpdated 223
GBPJPY Bullish Heist plan to make money in Long sideDear Robbers, This is our Day Trade master plan to Heist Bullish side of GBPJPY Bank. My dear Robbers U can enter at the any point above my entered area, Our target is Red Zone that is High risk Dangerous trap area. Be safe and Be rich. Loot and escape near the target 🎯 support our robbery plan we can make money take money 💰💵 Join your hands with US. Loot Everything in this market everyday with my master Plan.Longby Thief_TraderUpdated 1
correction It is expected that the price will fluctuate in the current resistance range and then we will see the beginning of the correction process. If the price crosses the resistance range, it will be possible to continue the upward trend up to the specified resistance levelsShortby STPFOREX2
GBPJPY buy idea I am using double EMA indicators set to 20 and 50 days with the stochastic indicator. Conditions appears ideal for an entry here. GBPJPY buy now at 197.09 tp @ 197.227 sl @ 196.60Longby leahbmw0
Buy GBPJPY April 30, 2024Bias is for a buy. Price retested my 1HR trendline as support for a third time on Monday at the 194.32 level. The next move I see is carrying price to the last area of resistance at 199.541 Wait for break & retest of structure at 197.342 level to confirm. Hold to 199.541Longby graceemmcee6
GBPJPY BulishGBPJPY as you can see every puch down with an AVG he filled that up, so in big picture that big bearish candle on the left its going to fill that avg to, GJ can make some deeper brearish candle for liqiud grap that wil maybe happen at the news tommorrow. Longby BDSBank2210
GBP/JPY: Race back to 200.000? On Monday, the yen dropped to 160.000 per dollar, marking its lowest level since 1990, before rebounding more than 3% to 154.5 per dollar. This rebound was suspected to be the result of intervention by Japanese authorities. According to reports from Bloomberg, the Bank of Japan (BoJ) likely injected ¥5.5 trillion into the currency markets after discrepancies were noted in the BoJ's operations report on Tuesday, where market forecasts didn't align with reported current account figures. Both the GBP/JPY and USD/JPY pairs are gradually recovering on the charts. The USD/JPY is testing levels above 157.500, while the GBP/JPY is eyeing 197.00. Both pairs could keep on advancing if the forthcoming US data continues to surprise. Notably, the Fed taking a hawkish tone after its FOMC decision on Wednesday and jobs data due on Friday. The GBP/JPY's recent peak at 200.60 remains a key target for traders despite potential intervention by the BoJ. Looking forward, market sentiment could appear bullish, with attention focused on key levels such as the 193.600 resistance-turned-support and the 10-day SMA. by BlackBull_Markets2
#GBPJPY: 700+ PIPS OPPORTUNITY, WHAT YOU THINK? Dear Traders, Hope you are having great holidays, today we have found two perfect areas where you can buy and target easy 500 pips or maximum of 700 pips. The first entry, enter with perfect risk management as it is risky entry, while the second entry is safe entry. Good LuckLongby Setupsfx_Updated 202058
GBPJPY: 1000+ Pips Selling Opportunity! Do Not Miss OutHey Everyone, OANDA:GBPJPY we have witnessed change in price behaviour, in longer time frame price have failed to breakthrough the 193.00 price region. After witness many strong wicks rejection we anticipate that sellers presence in the market remain extreme and it will likely to increase in the days to come. You can take sell entry now with stop loss and take profit as suggested. Please use accurate risk management to have better outcome. We are targeting 1000 pips out from this idea. good luck.Shortby Setupsfx_Updated 434394
GBP/JPY - 1H - BullishGBP/JPY - 1H - Bullish Bullish Divergence Break of Previous LH Strong Support Buy - 181.488 (CMP) TP - 182.223 SL - 180.686Longby DowOracleFxUpdated 2
GBPJPYPair : GBPJPY ( British Pound / Japanese Yen ) Description : Completed " 1234 " Impulsive Waves Rising Wedge as an Corrective Pattern in Short Time Frame Break of Structure Consolidation Phase , Breakout and Retracement Impulse Correctionby ForexDetective4
GBPJPY- Previous Day candle closed bearish . If we are looking for buys we will take on until daily resistance formed on 1st july 04 - If we are looking for sells we take on until 17th june 15 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the day. - We risk 5-8% of our capital. Close trades manually once price reverses to opposite direction and 1 hour candle closes below/above order Block. - After hitting TP 1 or any TP , always use B.E dont not re-enter new trade.by Mbugua-KeUpdated 112
GBPJPY BUYGJ retest the daily start with a nice rejection target weekly start and to fill the avg on the left. there can be some rejection at 61% FIB but dont let that scare you, Longby BDSBank3
GJI am staying out of it. It is confusing and that's when it's best to stay away and out of the market. DAILY We peaked at 200.50, which is good to look out for possible buys into the market. Which last happened in 2015. This is the final (3rd leg) of the double bottom (W formation). 4H Ascending Channel within an ascending channel is what we look for when trying to get sells. Which will give us added information for our case of evidence. With where price is (mid=range) it is better to stay out and stay away. 1H Same as the 4H. Just stay away and stay watching. by Mhangwane10
A Bearish Triangle On The Pair GBPJPY a bearish triangle is formed which is indicating towards a downside move. As it gained a lot of pips before coming into a downtrend, now it has formed a bearish triangle. We can take entry on the breakout I made on the chart. Without any divergence it would hit both my tp's as it's indicating a strong trend. My Trade plan: Entry:195.616 Stop loss:197.159 Take profit 1:192.902 Take profit 2:189.903Shortby azanm28273
GBPJPY Outlook for the Day! GBPJPY Outlook for the Day! THE FLIGHT: Weekly candle had close with a bullish momentum candle. Target: I am predicting that price will retrace to the Daily swap zone (RBS), H4 buying breakout zone, & lower time-frame buying continuation. Action: We start off with the buy until price shows a reversal. Once a selling confirmation is present.. we will change directions.Longby ForexGoldkinggg3