Gbpjpyidea
FURTHER SELLING MOMENTUM ON GBPJPY Further bearish potential on this pair to marked levels.
Entry, stop loss and take profit levels have been marked.
Do not risk more than 2%
TAKE PROFIT LEVELS ACHIEVED & WE LOOK TO GO LONG AGAIN - GBPJPY Hi all,
I have attached our previous analysis below where by price achieved our take profit levels. GBPJPY overall is still looking bullish so we may have another opportunity to enter long again. i will be looking for price to move bearish first to our marked entry before we see a potential bullish impulse move.
Entry, stop loss and take profit levels have been marked,
DO NOT risk more than 2% on this trade.
GBPJPY 4Hin my previous analysis of GBPJPY () the resistance is meant to be broken and hopefully all the above resistance could be broken in the rally, almost all currencies rally against the JPY safe haven in the coming weeks. Since lockdown is been eased in almost all part of the world
GBPJPY Key Level 135.250Hello !
Here we can see that the price is at the moment at very key level.
The price was very strong resistance zone.
I will go SELL without waiting to be completed this and the next candle.
Good luck.
If you are agree don't skimp on like button.
GBPJPYTime = 4H
– Structure = Uptrend
– Pattern = Head & Shoulders
– Tendency = Uptrend
GOOD LUCK
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DISCLAIMER: This is NOT an Investment Signal, Trade at your Own Risk.
GBPJPY forecast 2 June 2020Hi,
as you can see GJ is at the Top to make big double top then move to the downside for minimum 350 pip and maximum 580 pips to reach the start of big impulse.
i based my analyses on Market Structure and Patterns, as you can GJ come to the top in a way of correction and it made rising wedge that indicated GJ is certainly to move to the downside.
THIS IS JUST BASED ON MY IDEA.
GBPJPY - SHORT DowntrendGBPJPY tried to break further into 131, but failed and was met with a lot of resistance. Therefore, it will start the downtrend.
GBP/JPY TA with the price direction.Welcome , everyone!
After the sharp Uptrend the GBP/JPY price has been moving inside the Downward channel.
At the moment , there is no predispositions for the price to break the channel , so we expect it to slightly fall.
GBPJPY. Broken support level.Hi traders.
The price for the Pound is no longer supported by the support level,
this level is broken!
The price will continue to fall in the downtrend and reach the minimum values.
Good luck to you.
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This idea does not provide the financial advice.
GBPJPY analysisbeautiful week ahead! plenty of opportunity across all pairs as the next two weeks will be very volatile.
stay up to date & keep an eye on those charts and wishing the best to all
anticipate - react - execute
cheers
GBPJPY 4Hr Long! Choose Your Targets!
Note: Idea is to complement your research.
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GBPJPY Daily Long: 4 Colors to Significant 3 Targets, That's it!
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GBPJPY Short trade opportunity! On screen analysis...Hi traders,
GBPJPY is a pair that I got on my watchlist and saw a great opportunity coming next week. I just wanted to share my trade idea with you guys.
As you can see on the daily chart, the market was in Consolidation. The Range of the Consolidation was broken on May 6th and on Friday we saw that the Neckline changed from Support to Resistance.
On the 4 hour chart you can see a Counter trend where I drew a purple trend line. A break of the trend line will give us a nice opportunity to go short on this pair.
The first target is based on a Fibonacci Retracement level of 0.618
The Second target point is the last Lower Low seen on the Daily chart
The Third target point is based on the Fibonacci Trend Extension level of 0.786
Be patient and always trade with care!
GBP/JPY, Daily Candle closed above the Key Level 132.00This close of the daily candle could expose the price more to the upside. I like this looks good.
GBP/JPYHI EVERY ONE
GBP/JPY reacted to its support line and will move upwards.
FOLLOW ME. STAY INFORMED UNTILL THE ANALYSIS IS DONE.
GBPJPY Up Move Rejected - Consolidation Channel Entered. SELLGBPJPY showed a sudden, strong upward move some hours back, but the upward move seems to have lost strength around the current levels of 132.950, which is a strong resistance level for the 1H chart. I see this pair now entering a consolidation channel, hovering between 132.950 and 132.750 levels. I would go short on this pair for the near term, placing a take profit level around the 132.750 levels and wait for a clear trend to show.
GBPJPY short position in near termAs can be seen in the chart, GBPJPY is not being able to sustain an upward move, and as soon as it rises, short sellers are rushing in to push the prices down. It is currently testing the current support level of 132.770 for the 4th time, so I expect it to break this support level for a move down to 132.590.
