Gbpjpyanalysis
gbpjpy sell ideaas i was about to close my eyes my alarms started going off for GBP/JPY im looking for a Massive move to the Downside, i do NOT know if its going to happen now, but i have a Plan and am Prepared for this market to give us a Sniper entry!!
Disclaimer- information shared is for educational and demo purposes only, please master and practice proper risk management while trading in the financial markets!!
20 Reasons For Sell GBPJPY 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1: ✨Eagle eye: Extremely Bear, But Current Move is lower high
2: 📆Monthly: Clear bull trend at monthly
3: 📅Weekly: A strong Order block at the previous top after its price goes higher low, low trend confirmed at weekly
4 🕛Daily: A clean intra-bear trend and inner structure make a choch, so officially at daily tf right now, bearish
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: bear
6: 2 Pattern Candle Chart: change in Guard correction
7: 3 Volume: High volumes on bearish candles good for the bear
8: 4 Momentum UNCONVENTIONAL Rsi: Resistance at 60 but current momentum sideways
9: 5 Volatility measure Bollinger bands: Squeeze
10: 6 Strength ADX: Bears are gaining strength
11: 7 Sentiment ROC: JPY is much stronger than GBP,
✔️ Entry Time Frame: H1
12: Entry TF Structure: Bigger structure is extremely bearish
13: entry move: waiting for an impulse move
14: Support resistance base: premium OB
15: FIB: waiting
☑️ final comments: sell At 5 min choch
16: 💡decision: sell
17: 🚀Entry: waiting for confirmation
18: ✋Stop losel:162
19: 🎯Take profit: 151
20: 😊Risk to reward Ratio: 1:7
🕛 Excepted Duration: 20 days
GBPJPY Trading Plan - 26/Mar/2023Hello Traders,
Hope you all are doing good!!
I expect GJ to go Up after finishing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Sell side imbalancePrice violated and respected the sell side imbalance which created this fractal high. The fractal high led to this long bearish move targeting the low to make a liquidity wipe out. The market dropped and made a slight pullback to the breaker before the impulsive move to the downside. Immediately violating the liquidity pool, loss of bearish momentum occurred due to the doji candlestick, then price started pushing up instantly after the sweep. From this current data, price is being rejected by the order block, then a pullback to the imbalance below 159.178 is expected, buyers should be activated targeting 160.784 and breaking the level to the ultimate tp…
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY
- According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week.
- JPY has become somewhat STRONG as VIX is slightly UP. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a bit of RISK ON BIAS. Therefore, GJ can be BUY in the future.
- Currently, GBPJPY LONG TERM can move up to the LEVEL of 159.78. Also, according to the GBPJPY STRUCTURE, it can move up to the 167.38 RESISTANCE LEVEL before SELL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Currently, the MARKET is somewhat RISK ON. Therefore, XXXJPY will be a BUY in the future. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
GBPJPY top-down analysisHello 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.
DeGRAM | GBPJPY bearish opportunityGBPJPY is consolidating after the sell off.
The market is at a psychological level of 163.000.
There is confluence zone to take short positions since we have a bearish harmonic pattern, a psychological level, and a global bearish trendline.
We expect a sharp bearish move if price rejects the zone .
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPJPY top-down analysisHello 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 BUYThis Analysis is very Simple to understand, breaking it down educationally, on the HTF we are Currently on a Strong Support zone, which is also giving us a good price confluence about GJ showing that we are on A buy Side or on a Bullish Side, so breaking down to D1 and 4HR TF, price created a reversal Pattern W creating HH & HL so then breaking down to the 30m and 15m TF we have a trend line breakout and we are on a retest level, we would buy only When price gets to our entry LvL so let’s wait patiently. This is my Idea on GJ this coming week thanks, and follow me for more Analysis.
Distribution and accumulationIn this scenario it’s clear that multiple bearish reversals were influenced by distribution, this chart has multiple contractions. Before this current situation we had a stunning distribution phase, now we currently have a minor accumulation. This trade has to be approached with caution because price could fill the imbalance, however, the main idea is to buy…
Bullish GJ going into Sunday/Monday Price looks to be setting up a good 5
wave move. Currently price looks to be
in corrective wave two. Come sunday if
price can push past the zero lvl of the fib we can be in motive wave 3. Another confluence is within corrective wave 2 there is a sub 5 wave and a abc corrective. With a 50% retracement
of 350 pips. The extension or motive 3 is right on par with the move. This is only valid if price can push past the zero lvl.
Be prepared for price to also keep digging into the fib maybe to the 682 lvl or even 786 lvl.