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Gbpjpyidea

#GBPJPY- OVERVIEW NO STRONG CONFIRMATION-Due to weaker DXY , JPY dominated the last few days, price have dropped significantly, however. expecting bullish pattern to occur on DXY and that will help JPY pairs to fill up the liquidity voided area. -As it described on the chart that price may come down to 137.60 region to retest that area and then bounce from there, however, it may not come down to that region and just continue the bullish momentum from today's close. -Long term view on HBPJPY is bearish , in our opinion price have significantly shown bullish impulse and has taken price to an extreme and exhausted level, longer term it should come down to 150. -What you all think? LIKE AND FOLLOW!!!
by Setupsfx_
10
GBPJPY NEW Entries/ExitsMy course is finally available! If you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays! All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a red entry. When the candlestick hits the green entry, you place a buy. If however that support buy doesn't go into profit and goes negative -35 or -60 pips (depending if it was a fast break/or if the break landed on a minute 15 zone), if it breaks you would then exit your buy and immediately enter the sell. You would then ride that sell down to green TP1, or you could then repeat and play the buy/break there. The same exact thing goes for resistance sell/break plays!
by ExclusivelyFX
1
20 Reason For short 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 4 🕛Daily: A clean intra-bear trend take resistance at 1st higher low, and 3rd one is started 😇7 Dimension analysis 🟢 analysis time frame: Daily 5: 1 Price Structure: bear 6: 2 Pattern Candle Chart: high momentum candle /double top 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: GBP is much stronger than JPY, but the current move is resistant in the big time frame ✔️ Entry Time Frame: H4 12: Entry TF Structure: change of ch and the clear bearish trend is established 13: entry move: Impulse 14: Support resistance base: previous OB Gap opening 15: FIB: done ☑️ final comments: sell right now 16: 💡decision: sell 17: 🚀Entry: 166.840 18: ✋Stop losel:167.856 19: 🎯Take profit: 161..50 20: 😊Risk to reward Ratio: 1:6 🕛 Excepted Duration: 5 days
Short
by Optimum369