ICMARKETS:GBPJPY looks bullish considering we jump in at the double bottom where market structure will shit (Break of Structure) which is also a weak low, from there we can see the target being just below the negative order block. SL is tight for this setup to minimize risk whereas reward ratio is 6RR.
🚨 GBPJPY HIGH PROBABILITY BUY SETUP SOON 🚨 * Here we can see clearly the next potential move for Pound/Yen in coming hours or day. * I can see GBPJPY is still within the Parallel Channel , & it's about to from Double Bottom Reversal Pattern at the Strong Support Line at 182.131. * EP(BUY): 182.295 * TP1: 183.090 * SL: 181.872 * Keep your eye close on your...
Do not think that the pair is overbought and it will now, look at Japan economy and their policy. Japan will strong but not now. They are doing great work but their currency is weak against the all pairs.
Hello, I greet you in the Name of Jesus Christ, how are you all doing? This is my prediction I see price moving towards 182.812-820 mark, this analysis is based on Market structure as we have had a whole IMPULSE move then CORRECTION and now onto CONTINUATION mark. There is also a ZONE that I believe should be hit, more so this is minor structure which plays out...
Price action is probably a bit choppy in the next few days as we have important news for gbp. But I think that we will hit 164,000. I am still bullish
GBPJPY long to 164.000 not the best price action on daily timeframe i am not long yet .. only overall bias need more confirmation for entry
On higher timeframe im bullish for gbpjpy Buy Area on 159.500 is really strong to buy TP 1 = 162.000 TP 2 = 164.000 162.000 really imporant level
Strong rejection on 4h level - 159.500 nice fake out on 30 min buy area TP 1 - 161.000 TP 2 - 162.000
-after this move down i expect a push to the upside - 4 hour oderblock - respect my 30min buy area
Pending buy limit order. Bullish daily bias. 30m demand zone at key bank zone and 4h support.
GBPJPY surged drastically and hits a 4-week high on a weak yen. Technically in the 4- hour chart, the pair is holding above short-term 21-EMA, 55 EMA,
Wait for the define support. When market comes into it then find buying opportunity on it.
The GBPJPY market is in Bullish Divergence and also taking support on major support levels. Better to look buying opportunity on it.
The market of GBPJPY taking support on it's trendline. I believe it will obey it's support and will go more upside.
As we spoke already that Yen is getting weaker against other currencies so in this sense GBPJPY will remain in bullish momentum. Better to look buy opportunity on it.
The market seems more bullish from here. JPY seems too much weak, better to take buy trade on it.
I have entered long trades on gbpjpy as its back into that buy area for me, stops will be moved if we can make a quick upside push.