During early Friday, the GBP/JPY bulls attacked the previous monthly high and refreshed the multi-day top by picking up bids around 164.80, despite the downbeat expectations of Japan inflation numbers. The latest run-up of the cross-currency pair can be attributed to the optimistic sentiment, even though the yields are still slow. It should be noted that no...
Pivot point: 163.93 Currently: Resisted at 166.35 and retraced back to 165.40 Reaction: Consolidating at this 163.41 level, its next support zone is 162.46 I just started sharing my daily technical analysis of Metals & Forex Market with my indicators on TradingView~ Wish to receive some feedbacks from you! 😊 Btw you can feel free to use our designed...
GBPJPY / 1D Hello traders, welcome back to another market breakdown. GBPJPY is trading in bullish trend, The price failled to take the lows, and flipped the structure. I'll be looking for longs around my buy zone. Trade safely, Trader Leo.
As price hit supply area and under double top construction kindly like for support thank you
buy continuation idea Looking at potential GJ buy continuation after asian session pullback and breakout above 161.000. Looking at minor tf's for entries. Perfect entry would be a pullback to 161.100-161.00 with stops just below daily lows. target: 163.250
This is the same pattern I always trade, looking for entries in LTF. Conservative trade.
After some fluctuation, the continuation of the upward trend is expected Otherwise, it will be possible to continue the corrective process up to the specified support levels
GJ looking for buy for today LD session, wait for candle close above my buy zone
GJ Long bullish bias. Shorts isnt that great, but we'll see.
Bulls dominated bear territory as price hits above 165.00. In the dailies, the trend is evident with higher highs and higher lows. At this point, bulls who got left behind (including me), are scratching their heads on how to take the next trade. We need some correction to get in. So far, here are the closest significant levels, 164.50, 163.80 and 163.00. Even...
The Japanese Yen slid lower overnight with the US Dollar gaining against most currencies, but it was more pronounced against the Yen. SELL ZONE: 165.230-166.030 TP 1: 164.830 TP 2: 164.430 SL 166.100 #M88N #GOODLUCK
another setup looking for shorts/ we are going against the trend so it must have tight stops on it.
– Previous Daily candle closed Bullish at 164.230 above Daily Resistance formed on 28th February 2023. – Buys on close above 164.470 targeting Weekly previous Support formed on 5th December 2022 at 164.470, Leaving Runners to the 1h previous Support formed on 28th February 2023 at 165.420. – Sells on close below 163.930 targeting 1h Support at 163.560, Leaving...
gbpjpy sell Preferably suitable for scalping and accurate as long
1. First, a break of a pattern (bullish). 2. Expecting a furthure bullish move after retracement. 3. Will offer the best entry and exit points after further price movement.
Price has reached a resistance zone which also Goes in line with the falling resistance trendline As you can see, the RSI indicator on the 4H timeframe is Also overbought Which makes me bearish biased I believe a bearish movement would happen After a rejection on the resistance zone
Selling GBPJPY in this lovely area for 1:14 RRR Having partials and runners on the trade. Closing risk amount at partial.