GBPJPY If the direction stabilized under 181.59 it will touch 181.13 then 180.75 then 180.17 if the direction reversed above 181.59 and closed it will touch 181.13 ,180.75 then 180.17 Pivot Price: 181.59 resistance line : 181.96 ,182.48 ,183.13 support line: 181.13 ,180.75,180.17 timeframe:4H
Structure looks good for the sell but I’m still waiting to see some new lows created. If you follow ict, you see I have a breaker block highlighted that price is respecting. Happy Friday to you all and wishing you great prosperity in the markets!
GBPJPY is trading in descending channel and printing consistent LLs LHs. Currently the price is broken the important support zone and also has given the retest of broken level which is also the 50% fib retracement level. If the sell momentum continues the next target could be 180.500 region. What you guys think of this idea?
GBP JPY is in a bearish channel , and has made a lower high. It is retracing back from 0.6 level of fib. A short entry can be considered here
FX:GBPJPY is forming an attempt to change the trend. The market on the background of the fundamental component related to inflation and the UK interest rate breaks the support of the ascending price channel and fixes in the red zone The currency pair is forming consolidation and following the weakening of the Pound Sterling is heading downwards. From the point...
FX:GBPJPY Price is forming the similar pattern, previously when price reject and drop like the current price action; it dropped significantly. We also noticing that price being exhausted as the current pair is overbought recently. After taking these two factor into consideration our idea can be successful if these two works out. Like and Comment your views.
GBPJPY ready to drop 133 pips to 180.500 We have perfectly hit 182.000 and hold 4h sell zone Be careful today. Very important news!!!
It is expected that the price will advance to the range of the resistance trend line. Then the price is expected to cross the trend line and resistance range
HI Traders, GBP/JPY's bullish rally seems to be running out of fumes and price is beginning to the move towards the downside. 📌 Currently, the price is forming up a nice bearish wedge pattern in the 8H chart of GBP/JPY. 📌 The bearish trend could either be forming up or the bearish is simply accumulating order to make another bullish spike toward the upside. 📌...
We are between two strong supply and demand zones, i myself look bullish at this setup, 181.56 is buy limit order for me, If i put SL on 181.20 level Risk reward will be 1/3...
GBPJPY ready to drop 133 pips to 180.500 We have perfectly hit 182.000 and hold 4h sell zone Be careful today. Very important news!!!
Buy Description: Pair: GBPJPY SL: 20-30 pips TP: 80 to 100 pips We have identified a potential buying opportunity in pair. The price has shown signs of bullish momentum and is currently trading above key support levels. Our entry point for this trade is Shown in The chart with a stop loss (SL) set at 20 to 30 pip . This provides a risk-reward ratio of...
GBPJPY is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 183.325 which is a pullback resistance that also intersects with the descending trendline. Stop loss is at 183.980 which is a level that sits above a swing-high resistance level. Take profit is at 181.758 which is a pullback support that...
HELLO TRADERS!!! My confirmation once again aligns and remember. You don’t need a 100% WR system. -1:1RRR has a 50% breakeven WR -1:2RRR has a 33% breakeven WR -1:3RRR has a 25% breakeven WR Stop worrying about losses. They’re just costs of business.
GBP/JPY trades to a fresh monthly low (180.82) after failing to push back above the 50-Day SMA (183.26), with recent developments in the 50-Day SMA (183.26) warning of a potential change in trend as the moving average no longer reflects a positive slope. GBP/JPY Outlook Failure to retain the range-bound price action from earlier this week may lead to a further...
Hello reader I intend to long short-term JPY in ahead of the release of the gbp monetary policy on September 21. My exit level is the target 100 fibo extension. **My trading strategy is not intended to be a signal. It's a process of learning about market structure and sharpening my trading skills** Thanks a lot for your support
GBPJPY's drop from 183.46 is stretching and a further decline is expected towards 180.48 and therefore the price reached this low price, an increase in price towards the nearby resistance at 183 was expected .49 and obviously expected to see a price decline at the mentioned resistance level, but after the price touches the support level at 180.46 and moves higher,...
The GBPJPY has been moving up a lot this week, but based on my strategy, it looks like we might expect it to reach somewhere around 181.100 to 181.000 in the coming weeks. I'm planning to sell for a swing trade or a longer-term hold, for a maximum of eight weeks. This trade is based on time, so if it reaches eight weeks without hitting the target profit, I'll close it.