GBP/JPY Testing resistance, potential sellHello traders and the Tradingview community! Previously we had over 140 pips profit
by selling GBP/JPY around the 184.20 level. Currently, GJ is retesting the resistance
level on the 4Hour chart once again.
So, if the resistance doesn't break, we can look for another sell entry in GJ.
Selling GBPJPY@184-184.20 with SL above the resistance level and initial TP at
182 would be a potential sell trade.
Note that the above idea is valid only if the resistance zone stays unbroken
Gbpjpyanalysis
GBP/ JPY ! 10/1/2024 GBP bad news today⭐️Smart investment, Strong finance
⭐️Personal comments NOVA:
The price is approaching the nearest resistance zone, GBP news is also not positive today. Set up SELL signal
⭐️SET UP GBP/JPY PRICE:
🔥SELL zone: 184.000 - 184.200 SL 184.500
TP1: 183.700
TP2: 183.400
TP3: 183.000
⭐️Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
EURUSD I Technical Outlook Welcome back! Let me know your thoughts in the comments!
** EURUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPJPY SELL | Day Trading AnalysisHello Traders, here is the full analysis.
Watch strong action at the current levels for SELL . GOOD LUCK! Great SELL opportunity GBPJPY
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GBPJPY - D1\H4GBPJPY
D1 - The price of the 3rd cancer approached the level from which there were rebounds to the lower border, which can potentially be considered as a sale with minimal risks on the idea with targets up to 178.732.
H4 - A 3-wave structure has been formed, which can lead to further movement when the 1st wave is broken through, targets that can be seen are 180.957 - 178.732.
What can you expect?
You can consider entering from these levels ~183.019 with a target of 178.732
If you use local movement, the target will be 180.957
Cancel if the price breaks the minimum of the 1st wave - 184.397. If you are considering a long-term forecast, canceling the idea when the minimum of the 1st wave is broken (you can also wait for fixation at this level to cancel the idea) - 184.397
Long
Target 182.759 - 182.229 - 181.757 - 180.957 - 178.732
GBP/JPY : Has the trend reversed?Hello traders and the tradingview community! As predicted in my previous idea,
GBP/JPY has reversed after hitting the resistance zone around the 184.20 level.
So, if the bearish price action continues at this level, we can expect GJ to fall further.
I am already holding some sells in GJ@184 with targets around 182 and finally 180.
I believe traders can continue to sell the rallies in GBPJPY@184 with Stop loss above
the resistance zone and TP at 182,180 respectively.
GBP/JPY approaching resistance, sell if the resistance holdsHello traders and Tradingview Community! During the Asian session yesterday, I advised
you to buy GBPJPY when the price was at 179.40. If you followed it, you have made over
400 Pips profit so far.
Now, at the moment, GBP/JPY is approaching a resistance level. Keep in mind that
the resistance level around 184 is not too strong. That being said, if there is formation
of bearish price action near the 184 level, we can consider selling GBPJPY@184 with
SL above resistance and TP at 181
GBP/JPY sell signal analysisHello traders, Last week we saw a nice bullish momentum on GJ which took the price to IRL which is a weekly FVG I'm expecting to dig little bit into the fvg to than sell off from there but I'm only considring the entry after a shift on market structure to take an advantage of the down move targetting 178.353 which is the ERL .
DeGRAM | GBPJPY psychological level of 183.000GBPJPY broke and closed above the descending channel.
The market is approaching the confluence level, where we have a psychological level of 183.000, dynamic resistance, and a fibo cluster.
The resistance level pushed the price lower.
We expect a sharp bearish move if the price rejects the zone.
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GBPJPY - Long opportunity ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here I expect price to go a little bit lower to take liquidity below equal lows and to fulfill the imbalance, after that I will look for a long position.
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GBPJPY: The Japanese Yen will likely be the most interesting The new governor of the BoJ, Kazuo Ueda, has not made drastic changes in monetary policy as expected, causing the Japanese yen to weaken against the USD in 2023.
Positive signs appeared in November when the USD/JPY pair fell and bond yields also fell, raising hopes that the BoJ was about to change policy.
The BoJ is expected to make an important policy decision next spring, based on the results of salary negotiations.
If the BoJ does not change policy as expected, the yen could continue to struggle in the first half of 2024.
Although the BoJ may change policy later, this uncertainty will cause the yen to fluctuate widely in the first half of next year.
In short, the prospects of the Japanese yen next year depend largely on the BoJ's decision after the salary negotiations. The lack of certainty could create major volatility in the Japanese currency market.
DeGRAM | GBPJPY breakout of the support levelGBPJPY broke and closed below the support level, which is the psychological level 181.000.
Price action made a sharp move down, breaking the channel, and it will most likely go down further.
As we can see, it is consolidating near the dynamic support. It will eventually break it.
We expect a retest of the support level following the trendline breakout.
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#GBPJPY: 1500+ pips selling idea! Dear Traders,
+++jpy pairs will drop heavily once BOJ decides on their interest rate and monetary policies which will occur within a week. That data will hugely affect on all the pairs that are link with yen. With long term our aim we are expecting price to be at 165-170 price region.
Please remember this is swing idea and not intraday setup, we share to you so you can have a clear view on GBPJPY.
FX:JPYBASKET OANDA:GBPJPY
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.