Momentum Unstoppable: GBPJPY Buy Using RSAI Blueprint StrategyIn this video, I'll be discussing a recent buy position I took on GBPJPY using my effective RSAI Blueprint strategy. The trade capitalized on strong momentum, and despite sentiment shifts, the trend remained unphased.
I’ll walk you through my analysis and the factors that influenced my decision to go long on GBPJPY. You'll see how the RSAI Blueprint strategy identifies key indicators that signal robust trading opportunities.
Join me as I break down the specifics of this trade, showcasing how the RSAI Blueprint strategy can consistently capture winning trades even amidst shifting market sentiments. Don't forget to like, comment, and subscribe for more insights and updates on profitable trading strategies.
GBPJPY
GBP/JPY H4 | Falling to pullback supportGBP/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher.
Buy entry is at 200.98 which is a pullback support.
Stop loss is at 199.89 which is a level that lies underneath a pullback support and the 23.6% Fibonacci retracement level.
Take profit is at 202.70 which is a pullback resistance.
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GBPJPY Technical Analysis and Trade Idea👉 Examining the GBPJPY on the daily timeframe, we can see it’s in a bullish trend. It has reached a key resistance level, and while I’m interested in going long, I won't do so at the current level. Just below the current trading level, there’s a bullish imbalance on the 30m timeframe along with a bullish order bock. I prefer waiting for a retracement to the 50-61.8% Fibonacci level that happens to coincide with these levels for an ideal entry. In the video, we discuss the trend, market structure, price action, and other important aspects of technical analysis. Please note, the video is for educational purposes only and not financial advice. 📊✅
GBPJPY ( DOWNWARD ) ( 4H )GBPJPY
HELLO TRADERS
the last chart as mentioned stable a turning level created a new historical peaks
Tendency the price is a bearish pressure in 202.267
TURNING LEVEL : the price turning level at 202.267 , price stable below this level it becomes reach a support level , but if breaking this level active bullish area , to create a new historical peaks
RESISTANCE LEVEL: if the price braking turning level at 202.267 , the price will rise to 203.411 , then the price breaking turning level by open 4h and 1h candle easily to create new historical peaks touch 203,411
SUPPORT LEVEL : the price trade below turning level 202.267, it will reach the support level of 201.563 and 200.700 , stable this level reach to 199.615
CORRECTIVE LEVEL : price will 202.267, correct itself before falling
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* Thank you , if you support this idea with your likes and comments , I hope you a profitable day🤍🤍🤍🤍🤍
GBPJPY set to break trendline supportIdea No : 10
8 out of our last 9 ideas were successful and 1 still running, let's talk about 10th
GBPJPY is in a bull run for quite some day now but started to show lags and over bought conditions
we are now facing 2 trendlines and 1 of them appears to be breaking down
therefore expect it to follow our red arrow soon
GBPJPY The Bank of England's Monetary Policy Committee (MPC) voted 7-2 to keep the Bank Rate unchanged, aligning with broad expectations. Swati Dhingra and Dave Ramsden again voted to lower the rate by 25 basis points to 5.00%.
The BoE indicated that as part of the August (rate cut) forecast, the Committee will review all available information to assess whether the risks of persistent inflation are diminishing. Based on this assessment, the Committee will determine how long the Bank Rate should be maintained at the current level.
Despite CPI falling to 2% in May, the Bank expects CPI to "rise slightly" in the second half of the year due to base effects from last year's energy price declines. Additionally, the Bank noted that services inflation at 5.7% was "somewhat higher" than projected in the May monetary policy report.
In terms of growth, GDP appears to have grown "more strongly than expected" in the first half of the year but remains at a quarterly growth rate of around 0.25%.
Market Outlook: We are less concerned with the timing of the BoE's first rate cut and more focused on the expected limited and gradual rate cuts. For us, the biggest issue is not necessarily the timing of the first rate cut, but the pace and extent of rate cuts after the first one. In an era of global economic fragmentation, supply-side fluctuations, and fiscal activism, 2% is the lower bound for inflation, not the upper limit. This suggests a gradual easing cycle, with rates stabilizing above pre-pandemic levels.
Gbpjpy again has a potential buy pattern and if it crosses the pivot we can first expect a down market and further a potential further downward or upward retracement.
bullish targets:
202.05
202.30
202.57
202.80
Bearish Targets:
201.50
201.28
201.02
200.80
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GBP/JPY SENDS CLEAR BEARISH SIGNALS|SHORT
Hello,Friends!
It makes sense for us to go short on GBP/JPY right now from the resistance line above with the target of 197.285 because of the confluence of the two strong factors which are the general downtrend on the previous 1W candle and the overbought situation on the lower TF determined by it’s proximity to the upper BB band.
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GBPJPY Massive Short! SELL!
My dear subscribers,
This is my opinion on the GBPJPY next move:
The instrument tests an important psychological level 201.26
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 200.41
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
SMART MONEY CONCEPT EXPLAINEDThe Smart Money Concept (SMC) involves understanding the behavior and strategies of institutional investors to inform trading decisions. Within SMC, there are several key components and strategies, including concepts like CHoCH (Change of Character), BOS (Break of Structure), FVG (Fair Value Gap), and others. Here's an in-depth explanation of these concepts:
1. Change of Character (CHoCH)
Definition
CHoCH refers to a significant shift in market sentiment or trend. It's a point where the market changes direction, indicating a potential reversal.
Identification
Higher Highs to Lower Lows (or vice versa): In an uptrend, CHoCH occurs when the market stops making higher highs and starts making lower lows, signaling a possible downtrend.
Volume and Momentum Shifts: Increased volume or momentum in the opposite direction can also indicate a change of character.
Application
Entry/Exit Points: CHoCH helps traders identify potential entry and exit points by signaling when a trend might be reversing.
2. Break of Structure (BOS)
Definition
BOS occurs when the price breaks a significant support or resistance level, indicating a continuation or reversal of the trend.
Identification
Support/Resistance Levels: When price breaks these levels with strong momentum, it signals a BOS.
Swing Highs and Lows: A break above a previous swing high or below a previous swing low is considered a BOS.
Application
Trend Confirmation: BOS helps confirm the direction of the trend, allowing traders to align their trades with the prevailing market direction.
3. Fair Value Gap (FVG)
Definition
FVG represents a price gap left in the market where there was a rapid price movement, often due to high volatility or significant market orders.
Identification
Price Gaps: FVGs are visible as gaps on the price chart where little to no trading occurred.
Imbalance Zones: These are zones where the buying and selling are not balanced, leading to rapid price movement.
Application
Retracement Points: FVGs often act as magnets for price, as the market tends to revisit these gaps to fill them, providing potential retracement or entry points for traders.
4. Other Major Parts of the Smart Money Concept
Liquidity Pools
Definition: Areas in the market where a large number of orders are clustered, typically around key support and resistance levels.
Application: Institutions often target these areas to trigger stop-loss orders, creating liquidity for their trades.
Order Blocks
Definition: Consolidation areas where institutions place large buy or sell orders, creating a base for future price movement.
Identification: These are visible as zones of consolidation on the chart.
Application: Order blocks can act as strong support or resistance levels, providing potential entry or exit points.
Institutional Candles
Definition: Large candlesticks that represent significant institutional activity.
Identification: These candles are usually much larger than the surrounding ones and often occur at key levels.
Application: They signal strong buying or selling interest from institutions, indicating potential future price direction.
Stop Hunts
Definition: The practice where institutions push the price to trigger stop-loss orders placed by retail traders to create liquidity.
Identification: Sudden, sharp price movements towards obvious stop-loss levels.
Application: Recognizing stop hunts can prevent premature exits and provide entry points at better prices.
Market Cycles
Accumulation Phase: Period where smart money is building positions, often characterized by sideways price movement with low volatility.
Mark-Up Phase: After accumulation, the price starts to move upward rapidly as institutions push the market in their favor.
Distribution Phase: Institutions begin to offload their positions, leading to sideways movement with high volatility.
Mark-Down Phase: Following distribution, the price moves downward rapidly as institutions sell off their positions.
GBP/JPY Outlook ICT Concepts💰 Welcome to Your Channel!
Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on GBP/JPY , dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains.
🚀 Current Price Action
From the current price action, we observe that the price is presently at a premium level. We've noted the previous month's high ( PMH ) and the previous day's high ( PDH ), indicating a potential continuation to the upside.
⏳ Lower Time Frame Observations
On lower time frames, such as the 1-hour chart, there are order blocks below the previous week's high ( PWH ), suggesting possible reactions at these levels. We anticipate that the price may reach the PWH before reversing downward to target the sell-side liquidity below.
📉 Sell-Side Liquidity Targets
For sell-side liquidity, the key levels to watch are the previous week's low ( PWL ), which aligns with an Equal Low ( EQL ), making it a significant target. Additionally, there are internal liquidity levels such as Fair Value Gaps ( FVG ) and Sell-Side Liquidity ( SSL ) zones.
🔍 Overall Expectation
Overall, we expect the price to extend slightly higher before initiating a new move to the downside. To position ourselves effectively, we need confirmation from lower time frames, specifically the 1-hour and 15-minute charts.
🙏 Thank you for joining us!
Exploring GBP/JPY today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning!
⚠️ Disclaimer
The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
GBPJPY H4 - Sell SignalGBPJPY H4
We have pinned into our first sell zone here on GBPJPY. 200.800 price has been wicked on the H4 and we have the London volume to see where this may now take us. Would like to see this zone hold and rejections form from this price.
If resistance does break, we have the yearly high sell zone as a second approach (final attempt). Lets see what unfolds.
GBPJPY locked in between our previous trendlinesIdea No : 12
10 out of our last 11 ideas were successful & 1 still running, let's talk about 12th now
GBPJPY floats around our previous trendlines, it broke below
there are new trendlines emerging below it so we expect it to be under pressure which will lead to shorting the pair
let's see...
Trading Idea: GBPJPY Buying Opportunity and Bullish OutlookIf you're looking for a buying opportunity on GBPJPY, focus on the double bottom retest zone between 199.62 and 199.37. Overall, I maintain a bullish outlook on GBPJPY.
Key Levels:
- Double Bottom Retest Zone : 199.62 to 199.37
Strategy:
- Buying Opportunity : Look for entry points within the double bottom retest zone between 199.62 and 199.37.
- Bullish Outlook : Given the overall bullish sentiment, consider holding long positions for potential gains.
Stay cautious and trade wisely. What’s your trade plan for GBPJPY? Share your thoughts in the comments!
GBPJPY Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
GBPJPY is approaching the uptrendHey Traders, in today's trading session we are monitoring GBPJPY for a buying opportunity around 198.600 zone, GBPJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 198.600 support and resistance area.
Trade safe, Joe.
GBPJPY What Next? SELL!
My dear followers,
I analysed this chart on GBPJPY and concluded the following:
The market is trading on 200.54 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 199.75
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
GBPJPY Top-down analysis 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.
GBP/JPY- Trend Changing PatternMy focus this morning is on the GBPJPY, we have seen a strong reaction to the breakdown low that happened on 03 May 2024. The reaction gave us a bullish wave structure on the H1 timeframe, the concluding factor is that wave structure 4 failed to make an HH 5 (200.652). Instead of an HH 5, the price made an LH 5 in an uptrend. The price then proceeded to break structure 4, known as a trend-changing pattern.
Knowing this information determined our directional bias for the GBPJPY.
So far, we have seen a retracement to the LH 5 (200.652), which has now become a structural point because it made a LL.
Yesterday the price formation indicated that the Sellers are slowly coming into the market above the 200.652, we saw sharp rejections twice yesterday and a trade below the 200.65 and 200.50 today will be a sell indication for us.
The invalidation point is a break above the 200.95, above here selling is no longer an option for us.
Think in Probability:
As traders, you must be careful to align your behavior and expectations with the following principles:
- Anything can happen
- An EDGE is only an indication of one thing happening over another
- There is a random distribution between wins and losses
- You don't need to know what will happen in order to make money in trading.