Possible head and shoulder patternPossible head and shoulders pattern waiting to confirm Shortby hermya1
Swing Sniper Signals 30m Sell for $GBPJPY30m sell printed by Swing Sniper. The price then retraced after signal and formed a new 30m supply zone. Price is currently retesting this zone. Should drop soon. Minimum TP 196.05. TP2 = 194.05. TP3 = 191.65. Shortby LukensFinanceUpdated 4
will try this outlooks good, JPY news pretty bad, seems no choice but to buy againLongby FormedzeusUpdated 0
GBP/GPY ( Exhaustion )We have come to the previous top from a month ago. We are also extremely overbought. I expect a breakdown here once we close below current structure. Shortby GuardianFX1
GBP/GPY ( Exhaustion )We have come to the previous top from a month ago. We are also extremely overbought. I expect a breakdown here once we close below current structure. Shortby GuardianFX2
Don't miss this analysis, it will help you!Hello, friend. GBPJPY is having a strong support zone at 199.726 now the price is trying to reject from that level getting ready to create a new highs am going in on a long from this zone with tp 202.000 JOIN AND ENJOY.........by Trader-meknitordaUpdated 0
GBPJPY : BULLISH upto 201.2 Levels🎯🎯🎯 GBPJPY BUY @200.35❗️ Sl: 200.1 (25 unit pips risk), Tp1 : 201.20 (85 unit pip target). GBPJPY Buy Limit @200.25❗️ Sl: 200 (25 unit pips risk), Tp1 : 201.2 (95 unit pip target).by tripplepips0
check the trend It is expected that after some fluctuation and correction, the continuation of the upward trend will be formed and it will advance to the specified resistance levels. If the price cannot stabilize above the previous ceiling range, the possibility of a corrective process up to the specified support levels will be possibleby STPFOREX0
GBP/JPY Pushes Above April HighGBP/JPY pushes above the April high (200.55) to register a fresh yearly high (200.65). GBP/JPY Outlook The three-day rally in GBP/JPY has pushed the Relative Strength Index (RSI) above 70 for the second time this year, and the overbought reading in the oscillator is likely to be accompanied by a further advance in the exchange rate like the price action from last month. A close above the 199.80 (61.8% Fibonacci retracement) to 200.50 (78.6% Fibonacci extension) region may push GBP/JPY towards the 202.00 (23.6% Fibonacci extension) to 202.40 (50% Fibonacci extension) zone, with the next area of interest coming in around 204.90 (61.8% Fibonacci extension). However, failure to extend the recent series of higher highs and lows may pull the RSI back from overbought territory, and lack of momentum to hold above the 199.80 (61.8% Fibonacci retracement) to 200.50 (78.6% Fibonacci extension) region may push GBP/JPY back towards the 195.70 (61.8% Fibonacci extension) to 196.60 (23.6% Fibonacci extension) area. --- Written by David Song, Strategist at FOREX.com by FOREXcom0
GBPJPY LONGForgot to publish this two days ago when i entered in the trade. But still in and still up. If you come across this coodles to youLongby Phiwayinkosi26Updated 0
GBP/JPY Trade Setup: Strategic Short PositionGBP/JPY Trade Setup: Strategic Short Position Entry: Sell at 200.40 - Rationale: The price is at a major resistance level across all timeframes, indicating a strong potential for a reversal. Stop Loss: 200.92 - Rationale: Positioned just above the resistance level to protect against upside risk. Take Profit: 199.69 - Rationale: Targeting the previous support level where we expect the price to bounce back up. Market Context: - The price is currently testing a significant resistance level across multiple timeframes, increasing the likelihood of a downward correction. - The stop loss and take profit levels are clearly defined on the chart for precise risk management. Strategy: - Watch for confirmation of a reversal from the resistance level before entering the trade. Good luck with your trades! Longby EleazarahmathUpdated 1
GBPJPY BUY NOW!!!!!GBPJPY made another price rejections from the sell side liquidity with an engulfing bullish candle confirmations am going in on a buy from this zone with tp 202.000 JOIN AND ENJOY......Longby CAPTAINFX20
GBPJPY 1H Long Trade - 1:3 RRRRRR: 1:3 SL: 198.313 TP: 202.500 In this trading strategy, I present a compelling opportunity for a long position on the GBPJPY currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals, traders can aim to achieve a favorable risk-to-reward ratio of 1:3. Indicators: EMA200: The EMA200 serves as a critical indicator of the long-term trend direction. MACD Trend: The MACD indicator helps traders assess the strength and direction of the trend. Supertrend: The Supertrend indicator acts as a reliable tool for identifying entry points in alignment with the prevailing trend.Longby panjikadarUpdated 111
GBPJPY Weekly analysis I am anticipating for GJ to reach the monthly high sometime this week. I'm overall bullish but I do anticipate for price to pull back down into the daily order block and push back upLongby Chinny221
A BUY OPPORTUNITY AT 199.677If price fall to 199.677, a buy opportunity is envisaged from that price. Target is 200.110Longby Cartela0
[GBPJPY] Strong Demand Weak Supply 27-31 / 5 / 2024 Position Trade Weekly Bias Buy Wait for CHOCH Down Trend Because POI Zone DBD Year 2008 POI Short 204-216 Daily Bias Strong Demand Weak Supply POI Buy Zone 193.426-194.848 187.918-189.576 186.141 Swing Trade Price 191-195 Discount zone POI 193.6 194.8 195.9 Target 202-204 by PeJedkro960
possibility of starting the downtrend It is expected that the price will change the trend in the resistance range and we will witness the beginning of the downward trend. Breaking the support zone will confirm the downtrend. If the price crosses the resistance levels, the upward trend will continueShortby STPFOREX0
GBP JPYCould possibly reverse the trend as there is clear divergence on the top. Shortby orchidwings_140
GBPJPY- Previous Day candle closed bullish . If we are looking for buys we will take on until daily resistance formed on 15th sep 05 and tp 2 on 15th April 08 - If we are looking for sells we take on until 19th june 03 daily resistance. - Wait for 1 hour candle to close above or below zone to enter trade.After hitting TP, you are done for the day. - We risk 5-8% of our capital. Close trades manually once price reverses to opposite direction and 1 hour candle closes below/above order Block. - After hitting TP 1 or any TP {dont not re-enter new trade} , for TP 2 always use B.E .by Mbugua-KeUpdated 1
GBPJPY PRINTING RISING WAGE GBPJPY is printing rising wage with bearish divergence which mostly go down my trade plane mention in chart Shortby rizwanahmed06030
Gbpjpy Buy setupAs you can see on the chart. The Big Players are in. We have a momentum candle break out of Structure, an order block and FVG. We will share the account end of week📈 Goodluck. Longby ZIPHO670
GBPJPY buy potentialWe have a valid trend line in the daily and 4-H time frames. If the price closes and stabilizes above 198.913, we can consider buying this currency pair up to 199.156. After one Hour, we have FOMC news that can affect this currency pair. mind your step.Longby EisaSafariUpdated 1
GBPJPY : CHANNEL PLAYThe pair is trading inside a bullish pattern structure. From this point, looking for short opportunities. Please do your own analysis before placing any trades. Cheers and happy trading.Shortby FX_Wize110