Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential demand zone (medium-risk buy zone) spanning from 189.850 to 189.700, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Positioned between 189.850 and 189.700, suggesting another area with moderate risk for potential buying...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
We looking for buying opportunities as we still inside a bullish trendline
NEW WEEK NEW POSSIBILITIES This week is strong and yet not so strong, past week we hit our targets for GJ. This week no lie, I am slightly confused. My mental and psychological health are up for question but I understand my duty as a responsible fund manager. 191.00 Strong price of Significance. I've understood from textbook studying with current pattern and...
The analysis for GBP/JPY (British Pound paired with Japanese Yen) indicates a significant sell zone, characterized by the breaking of previous major support, which has now turned into resistance. The main resistance zone is identified between 190.9 to 191.4, suggesting a strong barrier to further upward movement in the currency pair. Examining the data from big...
GPJPY is sort period up target TP 50 to 75 Pips ( risk 1:4 ratio)
Alright, let’s jazz this up a bit! . "Picture this: The GBP is like a rockstar, unfazed by the dip in the CPI charts, and still holding its own against the Yen. Even when the rate hike cranked up the volume, the GBP only stumbled to a 190.47 level, like a slight misstep in a dance. . Now, from the eagle-eye view of the chart, it’s a toss-up between the Yen...
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
GBP/JPY now price coming the Discount zone and create a liquidity next week fill the liquidity and touch the ob zone then going the up side
GBP/JPY -gbp/jpy have a demand under the price -and also IMB and LQ -If the price mitigate our demand don't enter without confirmations
Hello Traders, Last week I didn't had a lot of time to watch the charts myself, but it looks very promising also for the next week. 1 orange pair, 4 green pairs and 4 purple pairs. Let's see what the next week will bring! Good luck everybody, and happy trading! :)
Let's end the month with a bullish push. Firstly a I feel the weekly closure wick from last needs to be filled will that be at the start of the week or the end of the week. keep eyes on the movement going into Tuesday asian session. That will determine the end of the week move but get set up to find the bulls at some point this week
Here we can see price is moving inside the parallel channel. GY has been making new highs and higher lows which is an obvious uptrend. Follow the trend until it is broken. The daily demand zone is located at around 189.2 which is at the bottom of the channel. I will patiently wait for the price to reach 189.2 then enter swing longs targeting recent highs @...
Considering that the price has faced a reaction at the level of 138%, we are likely to witness a corrective and fluctuating trend. The corrective trend is expected to advance to the indicated support levels and cross the green support zone. If the price stabilizes above the resistance range, the above scenario becomes invalid
Gbp/Jpy - We are at a major monthly supply zone so I expect a lot of bearish momentum next week . The last two daily candles closed very bearish so you can expect a deeper pullback . Yes , on the daily timeframe we are still making higher highs and higher lows but I will look for buys when it reaches at least the trend line or structure shifts bullish on the h4...
Hello traders, GBP/JPY's uptrend shows no signs of slowing down. As we had predicted in the previous idea, price has a strong support on the 190$ price The uptrend is being fueled by the ultra-low interest rates in Japan which is weighing negatively on the JPY. That being said, there is a key level at 193.50 zone which could offer resistance. Keep in mind that a...
GBPJPY Is this the start of a uptrend towards 193?
Weekly=Bullish. Daily=Bullish. 4H=Bullish. Major rejection on weekly from Monthly Resistance Zone. Daily currently pulled back to 50% daily fib level. 4H deep pullback to 78.6% fib level. Overall bullish as long as 4h maintains structure. If structure maintains, looking to see price go to top of monthly resistance zone (previous monthly highs) around 195.