GBPJPY BUY AREA 152.750Ill be stalking the area of 152.750 for possible buy trades if we see more rejection here. Remember to keep a strict risk management plan! Sometimes if I'm placing trades at the same time with same currency crosses for example GBPJPY GBPUSD I will half the risk because if we get a huge weakness out of GBP it can send 2 trades into a loss...if you know what I mean
Gbpjpyidea
GBPJPY another leg down or fake move??Looking at jumping on any quick moves out of 152.800, this quick sell off could have just been a fake move to attract more short sellers before making another push up... but am well aware of overall price downside structure so will respect a further downside move as well
GbpJpy- 153.50-154.00 is my buy zoneAfter it has reached a high at 158, GbpJpy has started to drop but let's not be fooled, this is just a correction to the recent leg up.
Also, the overall trend is strongly bullish so, the safer way to trade is on the buy side.
From the technical point of view, between 154 and 153 there are a lot of indications of support including horizontal support and Fibo 50%
That being said, i will look for buy signals in that zone with a target around 160
GBP/JPY Full Analysis And New Long Setup After Daily Closure This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPJPY Bullish Scenario (H4 Timeframe)Another long term trading opportunity for GBPJPY!
After a deep pull back, more bullish moves are expected on this pair!
Any bullish pattern and candlesticks on lower timeframe might be additional proof for bulls dominance!
Its a long term journey, patience will be needed for this one!
GbpjpyGBPJPY
Here we have the chart of GBPJAY I am going to short from here because on the monthly time frame it touched the strong resistance And if we see one the other side we easily can see that GBPJAY running on the parallel channel and given breakout
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Thankyou
I hope from this trade you will get some green pips 💲💲🤪
GBPJPY signalHi guys, I hope you are fine
Today I prepared an analysis of the GBPJPY currency pair
In this chart, I see a head and shoulders pattern
The break of 151.817 price range will move to the next resistance of 152.776
✅ Buy = 151,817
🔻 Sell = 152,776
I hope you enjoyed this analysis. Follow us
GBP/JPY POSSIBLE TO SELL.......
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GBP/JPY sellFX:GBPJPY
Hi guy this will be my setup for G/J. We have been moving quite bearish last week and ended the week @ trend resistance. This resistance had been hold price quite strongly and now have a strong possibility to repeat itself.
Entries and Take Profits you need to take carefully with proper risk management
GBPJPY preaparing for Short 200pips!!!What we see on GBPJPY is quite clear and nice, price showing bearish pattern just on the top, with strong momentum to down.
Sor far we waiting for price to show more bearish signals and ofc we wait for the price to be back to our strong resistance level which is drawn by orange area.
Finally set our 1:5 order and go with new trend ...
⚠️Take Max 1% of your capital on this trade⚠️
Lets see how price respects our scenario
Any question comment bellow
@FxShzd
GOOD-LUCK EVERYONE
GbpJpy can drop 500 pipsSince the beginning of March, GbpJpy is carving a rounded top.
Now the pair is trading exactly in pattern's support and a break here looks inevitable.
If such a break happens we can consider the formation complete and open sell position.
The target for the pattern is more than 500 pips down so 144 technical support can be in play