✅GBP_JPY keeps growing In an uptrend along the rising Support from where we Are already seeing a bullish Move up so I think That we will see A further move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
GBP/JPY has transitioned into a bullish trend, with the pound gaining strength against the yen. This uptrend could be attributed to various factors such as positive economic data releases from the UK, increased risk appetite in the market, or improving sentiment towards the British pound.
GBPJPY ended 5 clear waves and we are looking at current levels as interesting bear levels. it can reach 193.20 with a stop above that level near 195.50 would be great. bank of Japan will be tightening policy very soon because of the inflation figures and some pressure form wages. thus stronger yen will dominate other currencies. always calculate the risks.
Yesternight, I selected a few pairs for today's observation and potential trading purposes, and GBPJPY was one of it. Sellers gave us another Black Friday Sale today in the dark to Asians first when the Londoners and New Yorkers are still sleeping. I bought my 40cents worth of GBPJPY at a discount. Both positions by Market Orders. 1st Order - 1R TP 2nd Order -...
Gbpjpy price of ready to fly Gbpjpy price trend to continue buy During session It is expected that price will continue in The buy trend and can approach Note Always wish you to manage your capital safe Take small lots which suits your capital The winner is the one who sticks with the Market Give us like and support us
GJ closed above zone on the 1H and now retraced. Upon retracement was looking to enter buys around 191.10 zone which was further confirmed with an internal BOS on 1min. Once I saw this added confluence entered Buys @191.100 with sl@ 190.87 (Risking 23pips). Aiming for a 1:3 R:R. TP1: 191.75 TP2: 191.97 ...
Reflecting on the prior session, GBP/JPY's price action within a defined range has showcased a market in equilibrium, yet the undercurrents of fundamental shifts suggest a potential breakout. With the market sentiment leaning towards a bullish GBP, catalyzed by a significant shift in COT sentiment, there's anticipation for a stronger-than-expected PMI report from...
Current price is in the final wave 5 structure and might be finished soon...orange box might be zone for wave 5 to complete its structure then next down wave structure will be unfold...
Expecting the trade to come down and be triggered around my demand zone - market structure - demand zone - resistance line aligns with fib tool - fib tool - trend line
GJ sell set up GJ at a monthly supply zone and we can have a potential pull back to our 4 Hour demand zone . The pullback range is about 100-200 pips . 4 Hour :
Price broke the minor Downtrend Trendline. 1. Price creating new HH's Indicating Buys. 2. Price broke above the Resistance breaking Previous LH's. 3. Entry Taken at 15 M Break Of Lows.
1) Indicating the formation of divergence between the Awesome Oscillator (AO) and price structure. 2) Forecasting a decrease in upward momentum and a transition from bullish to bearish. 3) Using trendline and Fibonacci retracement to identify the selling point. 4) Choosing the 1.236 and 161.80 zones as selling points because of their confluence with the upper...
As we can see on EURJPY that price retraced perfectly to 61.8 fib level and also formed Flag and Pole pattern along with inverse head and shoulder pattern and then gave a breakout. what we are looking for is the retracement till the marked support zone which is also the neckline of inverse head and shoulder pattern. we can plan long trade once we get some sort of...
Traders, Upon reviewing the 1-hour chart, a clear bullish trend is evident for GBP/JPY. I propose the following intraday strategy: Keep a close watch on the 15-minute chart. Any breaks above 190.700 in the 15-minute timeframe will trigger our limit order. Please note that this analysis is applicable only for today and may become invalid sooner than expected....
intraday sell targeting sell side liquidity. Entered @1hr OB that created internal break of structure
Today I will most probably let the market play out a bit for upcoming days. To the upside the road could be bumpy if not powered buy some event volume. I can imagine we could go down one or two zones and create Higher Low on H4, Daily,... However, most probably staying out of trades for today. There is also some Monetary Policy Members speaking today.
After some correction, the continuation of the upward trend is expected to form up to the specified resistance range. If the price crosses the support range, the correction process will continue