We Looking For Break Out & Retest Either To The Down-Side Or Up-Side(Neutral)
Currently, GBPJPY is in a bearish trend at 162.539 on the 30 minute timeframe. I'am expecting a support at 162.520 and from there will be looking to go long to the 163.000 range creating a resistance and potentially taking sells from there. Going long on GBPJPY will be the main lookout. Let me know what you think. GBPJPY_2023-02-23_02-10-58.png
Analysis will be carried out in 4-hour time, if approved in the purchase support area GBP JPY LONG
The two lower boxes are your support areas to buy GBP. The two upper boxes are your resistance zones for taking profit on the 4h. However we have clearly broken out of our support zone, so you can trade this all the way up to resistance should we make higher highs on the lower timeframe 1h. OANDA:GBPJPY
Hi everyone! I'm excited to share my latest trade idea with you. With the right proper management strategy these trades can turn out great. So, let's start looking at this trade. A broader perspective can be seen below. Currently, the price is able to penetrate the top of the consolidation zone (white circle), and this is a consideration for me that there is an...
GBP-JPY broke the key Horizontal resistance level And went up so the breakout Is confirmed therefore We are now bullish Biased and I think That after the Local correction We will see some Further growth
/@version=5 indicator("MesinRumputCzarmel Target Price Calculator", overlay=true) // Input variables ir_a = input.float(title="Interest Rate Currency A", defval=4.75)/10 ir_b = input.float(title="Interest Rate Currency B", defval=-0.1)/10 base_mrkt_price_ir = input.float(title="Base Market Price for Interest Rate Target", defval=1.25) inf_a =...
Hi all GBP/JPY is currently breaking through the daily timeframe resistance level of 155.549. So, this retreat trade has 160.652 as its target. It may be good to hold swing positions if the price rejects the entry level and closes below the consolidation level. My trading strategy is not intended to be a signal service. It's a process of learning about market...
W: Uptrend, respecting the lows + Bearish divergence D: Price is consolidating + RSI is bullish 4H: Uptrend, price retraced 61.8 and hit -61.8 1H: Uptrend, price retraced 61.8 so far CURRENTLY: I'm looking to see if price will break below and retest minor uptrend then go short to -27 on FIB ~100- 150 pips
Broke the key level now trying to retest and will go long insha Allah.
Inverted cup and handle formation is evident and a short entry can be taken on the break of the handle.
Welcome back! Let me know your thoughts in the comments! **GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight...
While the sellers are trap short ,wait for price to come down to retest the bullish order block before price continue movie moving bullish to visit the Bearish order block that was created by the big players/Investors .. Remember when everyone are Selling,the market are no longer bearish!!
This is just An IDEA . In GBPJPY DAILY Timeframe have ABCD BEARISH Pattern GREEN LINES are Targets for TP. WAIT until close RED candle. HAVE GREAT DAY .
GBPJPY Expected to hit the levels of 163. if the price breaks the levels of 161.65 then the price will hit 163.26 levels. Risk max 5%. Trade confidence 90%.
JPY Is weak GBP is suffering weakness as well, just waing to for the pull back and the rejection with signs of continuation to look for the Long