Busy thursday of movement expected daily tweezers tops to come into fruition and be respected, 1H head and shoulders pull back and fall GBP news 10:00 GMT
GBPJPY is currently displaying an uptrend, characterised by the formation of higher highs and higher lows on the daily timeframe. If the price surpasses the 193 level, it is likely to continue its upward movement towards the next resistance zone at 196. Conversely, a breach of the support at 189 would indicate a potential short-term peak and shift the bias towards...
In the GBP/JPY pair's 4-hour timeframe, a bearish movement is evident as the Elliott Wave analysis suggests completion of the 12345 sequence, indicating a potential correction. Following this, the correction pattern ABC is anticipated. Moreover, with the price having completed around a 38% retracement of the last impulse, further downside movement aligns with a...
90+ Pips done!!!! Absolute TP can be an illusions sometimes. Always practice safety precautions by taking partials, and moving Stop-Losses 💯 Follow if you find value here ❤️
if price gets rejected on the 1hr close i'll enter a short till this tp. Or even if price gets stuck within 10m, i'll look to pre-enter. if 1hr candle goes to our entry but we still have alot of time till the next candle i won't enter it. i'll wait to see some entries for 15m
The GBPJPY pair is currently positioned within a supply zone on the 15-minute time frame, indicating a potential area of selling pressure. Additionally, a new fresh bearish divergence has been identified, suggesting the possibility of a trend reversal to the downside. Examining the trading sentiments from the last two days on the 15-minute time frame, there were...
I am currently in this trade but if I was you I would wait until Asian session but price is at support and looking to re test recent high so I am Long on this pair
On the daily chart, we can see that GBPJPY got rejected by the upper bound of the rising channel and extended the drop as the BoE made another step towards rate cuts with the hawkish members changing their vote from a hike to a hold. From a risk management perspective, the buyers will have a much better risk to reward setup around the lower
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...