Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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GBPJPY (4h) had a strong liquidity grab on the last day of the last trading week giving us a possible pathway to buy and sell. As the weekly close, our price has formed a weekly doji just above a weekly resistance zone. From a daily perspective, we see GBPJPY has also grabbed liquidity from the support zone creating a lower high on the daily. From the 4H...
as we monitor gbpjpy we can see it forming a symmetric triangle > for the sake of this trade/profit we will assume that it is. most profit potential is on the 2-day chart key point: . Resistance: > after the breakout, of the previous resistance 157, we see GJ made a high of 168 also failing to break this twice we can call this our roof > after 168 we see...
Hi Trader's Good Morning ,, And Hope To Be This Day IS Profit Day For All Of You !! Let's Explain Together The " GBPJPY " Next Move !! We Waiting For Break Out The Area In Chart ,, And Test It To Long To Target Suggest Break Out Point 163.950 Target 166.400 Please If You Like My Chart Make Like And Comment
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Analysis on #GBPJPY The market may soon test my strong support zone where the market previously shows bullish behavior and moved to the upside, also where a bullish harmonic ABCD pattern may complete soon If the market comes and tests my support zone I will then drop a one-time frame look for a buy reason to get in a buy trade with a good risk to...
hello mate GBPJYP is a clear uptrend and gbpjyp is follow the perfect pattern. Good Luck
If you know about institutional candles this is something to look for, daily uptrend but finding some weekly resistance at the highs. Last week closed doji so we could have a final push up to take out previous highs before swinging back down. Institutional candle = trapping sellers on the wrong side of the market before a strong push in the opposite direction (up)...
Please manage your risk. Use Stop loss. And do not take blind entries. If you have a question let me know. If you want to analyze any pair let me know. This is just an idea. What we see. The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
Analyzing GJ I spotted a few things one being that there is an inverted 3 pin formation on the weekly timeframe. Also clear as day there is a inverted head and shoulder formed as well on the daily timeframe which I don't feel like it got it's justice YET, with that being said I see the bulls coming in and taking over. Price is in a very tough spot at the moment...
Great opportunity for the gj to go up to the 140 if break the next candle open up the 139.375
As forecasted yesterday, GBPJPY is looking to be bullish. We also stated on our group that we need to have a higher low first to confirm the start of an uptrend.
Structure Looking For Sell setup for downside. Rising Wedge and Duble Top Patterns Both are Reversal Pattern. Good Luck
GBPJPY Looking in downtrend for SEll , Let see how performe .