The GBPJPY has been consolidating for quite some time on the higher timeframes. The Yen is very weak and vulnerable and the pound has been struggling to show growth over the past month. From a technical standpoint, the demand for the pair is present and in the past day, it shows a lot of bullish momentum. My bias stands long as far as trades towards the levels of...
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...
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.
GBPJPY - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short GBPJPY Entry Point - 192.81 Stop Loss - 193.38 Take Profit - 191.88 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
price has broken the 4 hr structure and possibly looking to buy
The GBPJPY is presently experiencing an upward trend and displaying bearish divergence, signalling a possibility of a reversal in the trend.
Sell when price is HIGH - Buy when price is LOW Good luck.
GBPJPY has reacted off the pivot and could fall to support. However, if price breaks above the pivot, it could continue to rise to the next resistance level close to 127.2% Fibonacci extension additionally, there is bearish divergecne Pivot: 192.37 Support: 191.70 Resistance: 193.37 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
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
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
GBP/JPY approaches the August 2015 high (195.28) as it extends the series of higher highs and lows from earlier this week. GBP/JPY Outlook GBP/JPY trades to a fresh yearly high (194.95) following the failed attempts to close below the 50-Day SMA (190.98), and a further advance in the exchange rate may push the Relative Strength Index (RSI) into overbought...
The Japanese yen keeps to stand vast demanding situations because it hit a 34-yr low towards the greenback, with little expectation that the Bank of Japan (BOJ) will improve hobby costs at its meeting. upcoming coverage on Friday. The significant bank, which has no forex mandate, is beneathneath growing strain because the weakening yen influences inflation via way...
Entered between the 0.61 and 0.5 green lines If we break that blue line where arrow is i expect to flop down to first target at vpoc and last at the val of previous day. lets see how this goes
If the price crosses the resistance range, it will be possible to continue the upward trend. Otherwise, after some fluctuation, the upward trend will continue If the price fluctuates in the current resistance range and wastes time, there is a possibility of starting a downward trend with the breaking of the green support range
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...
gbp/jpy i am buying at the are of 1st 15min ob or 1st 15min oderflow up to 1 week fvg target but first conform the trand in 1 or 5 min time to take enter
Opportunity: Sell Entry Point: 194.578 - 194.362 Take Profit: 194.005 Stop Loss: 194.723
GBPJPY is moving in an ascending channel. The chart reacted to the last 3 touches of the support level with an immediate rebound. The support level is between 50% and 62% retracement levels. We expect a rebound after a retest of the lower boundary of the channel. ------------------- Share your opinion in the comments and support the idea with like. Thanks...