GBPJPY Break out CloudThe near-term resistance is around 166.25, any breach above targets 167/168/168.75.
Technically in the hourly chart, the pair is holding above short term (21- and 55 EMA) and 200 MA (167.37).
Gbpjpyforecast
GBPJPY(15)hello, today GJ has followed through with bullish momentum although there has been high volatility today due the public holiday, currently am looking for GJ to hit TP2 at -27.00%fib structure level as first TP 1 has already been hit. Have all your confluences lining up before taking in a trade.
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GBPJPY Testing Major EMAGBPJPY recovered sharply after a massive sell-off of more than 500 pips.
The near-term resistance is around 166.25, any breach above targets 167/168./168.75.
DeGRAM | GBPJPY bullish opportunityGBPJPY made a false break of the 161.500 support level.
Price action is forming a compression channel.
We expect a breakout of the channel.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
800+ PIPS TP hit in GBP/JPY, how to trade it now?Dear traders, if you have been following my updates you already know that we have been
selling GBP/JPY since the price hit 168.40 and we have secured 800 pips profit when price dropped to 160.
Since then, GBP/JPY has retraced quite strongly after hitting the 100-day EMA at 160.
Currently, GBP/JPY is in a tricky area and it is a little difficult to anticipate the next move.
That being said, 166 is a minor resistance level and I might try a small sell only if bearish price
action happens at 166.
GBPJPY Testing Cloud TopGBPJPY surged sharply and gained more than 500 pips on a sharp u-turn in the Japanese yen.
The near-term support is around 163.90,
Technically in the 4-hour chart, the pair is holding above short term (21- and 55 EMA)
GBPJPYhello, currently in for a buy up to 163.000 to 0.00% fib level this is because it previously broke and retested (15min) minor trend-line,
and opened up with a bullish candle. As we are currently in correction phase, make sure all confluences are lining up before entering into a trade . Share with me your thoughts
Short Again For GBPJPY?We've been nailing GBPJPY since the week started, between 200-300 PIPS! A few small hiccups but we're on top of it. Lets do this humbly.
Watch out for a double top! Potential sell trade in GBP/JPYDear traders, in the 4hour chart of GBP/JPY, you can see that a few bearish candlesticks have formed in the
resistance level. This could be a potential double top from where price can decline.
GBP/JPY is also over extended from it moving averages in all the major time frames which means that a correction
could be well on the way.
If price is unable to break the resistance level, I recommend traders to sell GBP/JPY@168.10-168.60
with SL above 169 and TP at 163.
GBPJPYHello, last week GJ had a big bullish movement but dropped beautifully at the end of last week with bearish momentum as on the weekly we were on a critical area next to major trend lines, zones, weekly foundation levels. Currently we have hit our 61.80% , am expecting it to move upwards with small bullish momentum hit that minor trendline(Yellow) continue with its bearish momentum
GBPJPY INTRADAY GBPJPY showed a follow-through selling after a massive sell-off on Friday.
Break into cloud and slips 55-EMA
holding below short term (200 EMA)
GBPJPY top-down analysis, UPDATEDHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
300 Pips profit hit in GBP/JPY, more drop ahead?Dear traders, in my previous GBP/JPY idea I gave you a signal to sell GBP/JPY above
168.10. ( previous idea link pasted below for reference). If you followed my signal,
you have already made 300 pips profit.
Currently, the price action is still bearish and I recommend traders to sell the rallies. Wait for some pullback in lower
time frame and if you see rejection candles, then sell it.
We are in a Premium Level on the M ChartWhat do you guys think? I know its a HTF chart but 4000+ PIPS down, why not?
GBPJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 (30)Hello, today earlier in the Asian session TP2 was hit on our fib level -27.00% and currently, we are sited on zone that has been tested as resistance and support in the past as this is a strong area, so there might be a break and retest of that zone before pushing to -61.80% and perfect for an entry. more so we are inthe process of moving to our last TP before we go in for a reversal, as when price hits -61.80% we tend to have reversals, although other confluences can support your judgement before executing such as trend lines, divergence, Break and retest and my absolute favorite market structure.
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GBPJPY ( 30) Hello, yesterday we saw a huge push to the upside, and is once again hitting the 167.00 as of today, currently I want to see a break and rested of the upper zone before heading up to 167.400, and hitting the -27.00% fib level as TP 2 since it already hit 0.00% fib level, TP1.
Although trade when all confluences are lined up.
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Long on GBPJPYThe new trading idea that we are exploring together today is going long on GBPJPY and the data that we have is as below:
GBPJPY BUY @ 166.049
TP: 167.267
SL: 165.537
GBPJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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 overextendedGBPJPY is overextended or, in another word, overbought.
It has been moving up for a consecutive 8 days.
We expect some pullback.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
GBPJPY Long AnalysisHey traders, here is the analysis for the GBPJPY. If you guys like my analysis please hit like. Thanks. Disclaimer:- This is not financial advice.
GBPJPY 30 ( BREAK AND RETEST)Hello, currently we are waiting for a break of that minor structure trend-line for a minor sell and also basing on structure a sell is coming forth. Although have enough confluences when entering this trade.
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