GBPJPY ShortGBPJPY is currently in a downtrend, with a confirmed double top on the 15-minute timeframe. The break of the neckline strengthens the bearish outlook, suggesting further downside movement.
Gbpjpyanalyis
GBPJPY / TRADING UNDER DOWNWARD PRESSURE - 4HGBPJPY / 4H TIME FRAME
HELLO TRADERS
Current Market Analysis:
Trading below the turning level at 188.478 and within a descending channel, indicating a bearish trend.
Downward Conditions:
As long as the price remains below 188.478, the trend suggests a potential decline , If the price continues to trade below 188.478, it may decline towards support levels at 183.218 and 180.212.
Upward Conditions:
A 4-hour candle close above 188.478 would signal a potential shift in momentum , If the price breaks above 188.478 and stabilizes, it could rise towards 191.993 and, further, to 196.534.
TURNING LEVEL : 188.478
gbpjpy chart analysis 9th may 2022Head on shoulder pattern formed on gbpjpy daily timeframe. looking for trades on the breakout of the neckline
GBP/JPY Multi-Timeframe & Order Flow Analysis ! Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
GBP/JPY Full Analysis And New Long Setup To Catch 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
