1.Entry Taken During London Session. 2. Daily Candle flipped Bearish indicating Sells over Buys. 3. Entry Taken at 15 M Break Of Lows.
Trader Tom, an investing.com technical analyst explains why he isn't buying JPY pairs today and why you should always apply a multi timeframe approach when analyzing the charts. This is one of many vids so if you would like to see more then please join us and hit the boost button.
GBPJPY may rise again from the support area The price has already tested a strong daily support area near 191.40 After the price depreciated by 900 pips by the BOJ intervention which was never accepted by them, we could see GBPJPY rise to at least 195.00 again The BOJ's indifference and small interventions are not supporting the JPY to get stronger. We may...
Price retested weekly uptrend buy zone and is pushing back to market high. Watch for bottom wick rejection at H1 zone for possible entry for further bullish momentum
Based on the latest technical analysis for the GBP/JPY pair on the H4 (4-hour) chart, here's a bullish perspective: - *Moving Averages: The short-term moving averages (MA5, MA10, and MA20) are indicating **buy* signals, suggesting a bullish trend in the near term. However, the longer-term moving averages (MA50, MA100, and MA200) are showing *sell* signals, which...
Reasons why I took this trade. Weekly Bullish Daily Bullish EMA in confluence with AOI Daily rejection 1 Hour EMA respected Daily bullish engulfing FIB 78.6 respected Daily Bullish Engulfing Daily EMA respected Entries: - Missed the original entry - I did not want to jump in below resistance, I entered after 1 Hour - Chart went above EMA ...
Stack trade loading this looks like a good opportunity to enter the long term buys at a very low risk
Its TKY session and few minutes to GB news I am betting on GJ to move as fast as possible before LDN session Hopefully I can bag 80-100 pips before going to bed Stuck in profit.
Whispers from the Estate. Ah, esteemed acquaintance, allow me to illuminate the forex pair GBYJPY with the eloquence and refinement befitting our distinguished discourse. The pairing of the British Pound Sterling (GBP) and the Japanese Yen (JPY) evokes a symphony of financial intrigue, resonating across the grand corridors of international trade and finance....
GBPJPY Long trade 1. Weekly Uptrend 2. Strong Bullish Candle 3. Candlestick reversal pattern at rejection of support 4. Currency Strengh Meter Confirmation 5. No high impact news tomorrow 6. Take Profit under local resistance 7. Take Profit in daily ATR range 8. BUY/SELL Indicator Confirmation 9. 2% Risk, 1:1 R:R
Looking for GJ to catch a nice up move push here in the London market. We saw a massive intervention from BOJ driving price down to current levels where it seems to have got a foothold on some form of support. 1D 50MA seems to be acting as support and in previous occasions buying when it rejects this zone has proven nice. Looking for at least a retrace so we...
#GBPJPY - H1 📣 Looking at the 1-hour timeframe, with the breakdown of the downtrend at 194.17, we expect price growth towards the 195.90 range. ⛔ Stop Loss: 192.80 On the other hand, with a breakdown below the 192.80 range, selling can be considered with a target of 191.30. ⛔ Stop Loss: 194.17
Long opportunity on the theory market ranges 70% of the time. Wait for another test back down (watch out for liquidity runners!), enter LONG, and target 50% of last bearish leg.
The GBP/JPY is currently signaling a sell opportunity with its price hovering around 193.40. This level presents an ideal entry point for traders looking to capitalize on potential downward movement in the currency pair. With multiple take profit levels set at 192.50, 193.00, and 192.00, traders can strategically exit their positions at various stages to lock in...
As you can see the price respected the bullish daily FVG and created the bullish breaker that comes with bullish FVG. If the price retests the bullish breaker block, it can be our entry; keep in mind we need LTF confirmation for entry. In this scenario, we can target Daily bearish FVG and also the liquidity above relative equal high. 💡Wait for the...
GBPJPY is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle. Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could be 195.800 followed by 198 What you...