- 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...
OANDA:GBPUSD this is support and you can buy and the target is red box inshallah we make profit today
In the world of trading, liquidity refers to the ease with which an asset can be bought or sold without significantly affecting its price. When a particular price level is tested multiple times, it indicates that there's a significant amount of buying and selling interest at that level. This creates what we call a liquidity zone - a sort of hotspot for trading...
Uptrend has been going up for too long without a break. Time for some retracement, or possible reversal. Potential for 200+ pips profit
Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. My point of interest is if price continue the retracement to fill the imbalance and then rejects from bullish order block + institutional big figure 193.000. Fundamental news: Tomorrow...
A glimpse of the GBPJPY in the first half of 2024 Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
Price is at resistance on all major time frame, 4h, daily and weekly Market sentiment is 90% short divergence on the weekly timeframe which give us a much better view of the overall trend stop loss 194.40 which is pivot support for daily time frame Take profits level: 192.825 193.219 193.462 Good luck!! feel free to contact me for any question about my trades.
The GBP/JPY pushed into fresh multi-year highs on Thursday as the pair grinds towards the 195.00 handle. The Japanese Yen (JPY) continues to weaken across the broader FX market, prompting increasing rhetoric from the Bank of Japan (BoJ) regarding direct intervention in currency markets to shore up the beleaguered JPY. The BoJ is expected to discuss intervention...
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 Luck
Hello, fellow investors! 🌟 Hope you're riding the waves of the market! 🌊✨ GBPJPY is the star of the show, breaking barriers with gusto! 🚀💰 Here's today's market update: 🔍 *GBPJPY Analysis:* 📊 GBPJPY is in a thrilling showdown between 193.319 and 193.578. 📉🔄 Anticipation builds as we await the breakout! Will it soar to new heights or take a dive? 🤔💥 📉 *Downside...
GBP/JPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 194.91 which is a pullback resistance. Stop loss is at 195.47 which is a level that sits above the 127.2% Fibonacci extension level and the pullback resistance. Take profit is at 194.14 which is a pullback support that lies above the...
Wildly guessing the SL here. That's the weak part of my trading, not knowing how far a retracement can go. A tight stop loss might kill a good trade
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!
Major trend is sideways 4h sideways 1h candle rejection 15m candle rejection + bearish ob
**Monthly Chart** Last month candle closed a bullish after creating manipulation monthly candles. On a monthly chart it gives a clear indication that GBPJPY is approaching the high of June 2015 at around 195.88 - 196.00 levels. This month (April 2024) candle opened from the close of the previous candle and started running towards the high of June 2015. We...
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.
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...
Hey all! So, we have a new trade for the challenge! Enter: GBPJPY Short 📉. When viewing the H4 chart, we can immediately notice how the market went straight for the H1 resistance area just to be met with a ton of supply, holding the area as relevant, and after a few more bars, we see a strong rejection, with great chances of closing on a strong bearish note...