GBPJPY H4 | Bullish Momentum?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 193.09, which lines up with the 161.8% Fibo extension
Our take profit will be at 191.31, a pullback support level.
The stop loss will be placed at 194.98, which lines up with the 161.8% Fibo extension (week)
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GBPJPY
BUY TRADE SETUP ON GBPJPYHey Traders,
Check out this technical analysis on GBPJPY; it appears to be undergoing a small pullback, potentially indicating a bullish momentum continuation.
However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry.
Alternatively, there may be an opportunity for a sell trade if the market breaches the evident support area.
Keep a close eye on this.
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 :-)
GBP/JPY Holds Steady Amid Easter Break, Eyes Bearish ContinuatioAs the financial markets took a pause for the Easter holiday, the GBP/JPY pair maintained stability around the 191.00 level on Friday, showing minimal movement. Meanwhile, Federal Reserve Chair Jerome Powell made statements emphasizing the adaptability of monetary policy to various economic scenarios.
Technically, the price experienced a reversal near 193.500, as anticipated in our previous analysis, leading to a decline of nearly 200 points. Currently, the pair is consolidating within a range, forming a triangle pattern that appeals to enthusiasts of technical analysis.
Our analysis indicates a bearish continuation for the GBP/JPY pair, considering its correlation with the GBP/USD, which is currently in a bearish trend on the H4 and lower timeframes.
For further details, you can refer to our previous analysis of GBP/JPY by following the provided link.
GBPJPY Will Go Lower! Sell!
Take a look at our analysis for GBPJPY.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 190.950.
The above observations make me that the market will inevitably achieve 189.762 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
🔥 #USDJPY - BIG Fall Ahead ? (READ THE CAPTION)By checking the USDJPY chart in the 12-hour time frame, we can see that the price penetrated above the 151.920 level in the past few days to collect liquidity, and then it was accompanied by a price correction! On the chart, we see the creation of a large LV, which I expect to be filled in the medium term! By stabilizing the price below 151.500, we can more confidently enter the SELL position! All important levels are marked on the chart! The overall efficiency of the previous analysis was about 450 pips for SELL and about 550 pips for BUY. It all happened in one month! I hope you have made the most of it!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
GBPJPY Bearish side Heist Plan Short RobberyHELLO LOOTERS,
This is our master plan to Heist Bearish side of GBP/JPY Market. my dear looters U can enter at below my Moving average pullback, Our target is Electric Trap Zone. We can escape near the Target area. Guys If you loot some money please take it partial.
GBP/JPY Gave Yesterday +70 Pips 0 Drawdown Entry After W ClosureThis 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.
GBPJPY Breakout and Potential retraceHey Traders, in today's trading session we are monitoring GBPJPY for a selling opportunity around 191.500 zone, GBPJPY was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 191.500 support and resistance area.
Trade safe, Joe.
Strifor || GBPUSD-Week StartingPreferred direction: BUY
Comment: The British currency is also on the bullish list, after the significant strengthening of the US dollar over the past week. Such a strong drop was caused by an attempt by market buyers to buy off the bottom of the market, and in turn, a limit seller was actively working on the market, pushing the price down and liquidating buyers.
The chart presents two main scenarios. Growth prospects in both cases are located at the level of 1.28000 and scenario №1 is more likely. Scenario №2 will be a very aggressive maneuver from the seller’s point of view, but we cannot exclude it either, and we will confidently continue to increase purchases towards the specified goal. We pay attention to risk and money management when planning this kind of mid-term trades (no entry “for full deposit” and be sure to calculate the total risk for all positions from the very beginning before the trade).
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for boost and share your views!
GBPJPY FRESH SUPPLY ZONE READ DESCRIPTIONThe 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 70 sell signals, 18 neutral signals, and 22 buy signals. This data indicates a predominance of selling pressure in the short term.
Looking at client sentiments from the past month, which indicate how traders are positioned in the market, 66% of clients have taken sell positions, 20% have taken buy positions, and 14% have remained neutral. This overwhelmingly bearish sentiment among clients suggests a consensus view that the GBPJPY pair may decline further.
Now, delving into the technical aspects, several indicators point towards a bearish outlook for the GBPJPY pair. The Moving Average Convergence Divergence (MACD) indicator is signaling a sell, indicating potential downward momentum. The Commodity Channel Index (CCI) is at -89, reflecting strong bearish momentum in the market. The Average Directional Index (ADX) at 22.54 suggests a developing trend, potentially indicating the strength of a downward move.
Both the Exponential Moving Average (EMA) and Simple Moving Average (SMA) from the shorter 10-day to the longer 200-day periods are indicating a sell signal, further confirming the bearish bias. The Hull Moving Average (HMA), Volume Weighted Moving Average (VWMA), and Ichimoku Cloud (Ichikumo) are all indicating sell signals as well, reinforcing the overall bearish sentiment.
In summary, the technical analysis, combined with trading sentiments and client positioning, suggests a bearish outlook for the GBPJPY pair.
GBP/JPY Valid For Sell After 4H Closure To Get 200 Pips !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.
GBPJPY Bullish Heist Plan Long SideHELLO LOOTERS,
This is our master plan to Heist Bullish side of GBP/jpy Market. Guys U can enter at any points, Our target is 1 and 2 Red Zone. Day Robbers loot and escape end of the day in this market, Swing Robbers can stay with us We can escape near the Highly Danger Target 2 area.
GBP/JPY H4 | Falling to pullback supportGBP/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target.
Entry: 190.501
Why we like it:
There is a pullback support level
Stop Loss: 189.595
Why we like it:
There is an ovelap support that sits below the 61.8% Fibonacci retracement level
Take Profit: 191.892
Why we like it:
There is a pullback resistance that aligns with the 50.0% Fibonacci retracement level
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
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.
GBPJPY May Face Resistance SoonGBPJPY is in a strong bullish phase, but looking at the daily chart, we can see pair trading at new highs for the final wave 5 of (5) of 3 that can target 193-195 area. Based on the current Elliott wave cycle from 2023 lows, we still think that pair will come lower this year, for a higher degree wave 4 correction.
GBPJPY Will Go Lower! Short!
Take a look at our analysis for GBPJPY.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 191.147.
The above observations make me that the market will inevitably achieve 187.678 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
Like and subscribe and comment my ideas if you enjoy them!
GBP/JPY tests key Support, what is the best level to buy?Hello traders, GBP/JPY pulled back 300 pips from the highs at 193.50.
However, the dynamic support level on the 4Hour chart has prevented further declines.
As you can see in the chart, 190.40 level has held well so far. In view of the above,
if price tests the support level again, we would consider buying GBP/JPY@190.40
with Stop Loss placed below 190 and TP at 193.50
GBPUSD H4 | Potential bearish reversal?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 191.88, which is a pullback resistance that aligns with the 50% Fibo retracement.
Our take profit will be at 190.36, a multi-siwng low support level.
The stop loss will be placed at 193.41, a swing-high resistance level
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
GJ BuysGj had been consolidating a while and now broke above zone (190.900) and closed on the 1H. This happened at 10..00 am UK time.
Upon seeing this I waited for retracement to zone, where I entered 190.900 with sl@190.57(risking 33 pips).
TP1: 191.500 TP2: 191.800
* Where has the market moved since I entered my trade? Slight Profit
* If I looked at the market now, would I take the same trade? Yes
* How do I feel about my trade? Optimistic, taken outside mu usual time lot
* What do I like about this trade ? Good entry, solid confirm on both 1h & 4h
* What do I dis-like about this trade now? Nothing
* On a scale of 1 to 10, where would I rate this Trade now? 7/10
* If I were not in a trade now, would I take the opposite trade ? No