In the most recent trading session, GBP/JPY has encountered resistance, potentially indicating a pause in its previous upward trend. The pair's price action seems to be reflecting broader market caution as investors digest disappointing consumer confidence data and anticipate upcoming economic reports including GDP, unemployment claims, home sales, and the Revised...
Found Divergence & Double Top on M30 Price is near Supply Zone 190.50 Is possible TP But still long term bullish *Not A Financial advice just for education please take measures before taking any trade and consult your finance advisor
1. Entry Taken During London Session. 2. Price Failed to Break the Highs Indicating Sells Over Buys. 3. Price Created An Impulsive Push to The Downside indicating Sells. 4. Price Created a New LH.
GBPJPY sell from supply zone Entry: 191.500 TP: 190.700 SL: 191.675
GBPJPY Just took out the sell side liquidity and am quickly expecting a pull back retest for shorting GJ to 187.800 level am using stoploss of 191.800 JOIN AND ENJOY........ Tell us what you think...............?
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Price is almost at projected TP🔥 Follow if you find value here ❤️
Let's stay watching because where price currently is (190.90) is a level to watch. We close below here, have a rejection, confirmation candles then we know we are looking to stay going down. 1hr has already given us 1 confluence, we need 3 before we enter. It is forming a second one but has not confirmed it yet. RISKY TRADE IDEA, enter the market with sells...
BASED ON WHAT'S HAPPENING ON YEN IT SEEMS LIKE IT WILL CONTINUE TO LOSE VALUE, let's hope that US will CUT interest rates sooner to put an ease on YEN
Price made over 1.5% drop In the previous week as Yen gained for the first time after the Announcement of interest rate cut by the BoJ. In H4 timeframe , price is confined between 193.538 and 190.349
A proper bearish flag pattern which can trigger our sell stop and go well towards our tp with in 10 days.
Market sentiment is gradually shifting to bearish in intraday timeframe. A break below 191.053 will increase the sell probability. Fundamentally, following the interest rate cut by the BoJ , it shows that institutional traders should be looking forwards to longing JPY since it has reached its weakest point since 2007.
Dear Traders, I except price will move down from 191.800-192.200 To Target : 190.500 - 189.000 R/R : 4 Regards, Alireza!
As long as the price fluctuates above the green support range, it will have a chance to continue the upward trend. If the price crosses the red resistance zone, the continuation of the upward trend is likely, and otherwise, the continuation of the correction trend is likely
HELLO LOOTERS, This is our master plan to Heist Bullish side of GBP/jpy Market. Guys U can enter at any points, Our target is 1 and 2 Red Zone. Day Robbers loot and escape end of the day in this market, Swing Robbers can stay with us We can escape near the Highly Danger Target 2 area.
GBPJPY falling soon which is generally considered a signal of weakening momentum often followed by pullbacks or reversals In this case it might be a signal for a pullback into the lowered bound Of the channel but we will need a catalyst to kick off such a big corrections
From the previous analysis, we find that GBPJPY is moving just as projected. Did you also project the same thing? Follow if you found value ❤️