GBPJPY potential buysLooking at a potential buy here, price action indicates price is waiting to pop like a coiled spring, however it is end of month so stay safe.
0.5% risk.
Gbpjpylong
BUYPrice appears to have obeyed the major demand zone, indicating long opportunities. The only challenge is that it hasn't done a clear Break of market structure on H4 or lower timeframes. It's more of ranging at the moment. However a clear BMS with momentum will push price up to 158.42 and 162 area.
To enter long positions, wait for clear BMS, enter with RTO or BMS retest. All the best
GBPJPY - Daily Trade Idea - 29-Sep-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPJPY - Daily Trade Idea - 28-Sep-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPJPY BUY Potential return of between 7.8 % to 15.6 % GBPJPY is in a very strong uptrend when we look at the monthly time frame and the weekly time frame. We have seen some sort of bearish correction in the previous two months (July and August)
which is a good signal to find an entry to the upside. The daily time frame also just trend bullish , this can be seen from the breakout of the symmetrical triangle/or trendline. We can also see that there
has been a change in market structure on the daily timeframe which is shown by the breakout of the key level as show on the chart. With all these factors being taken into consideration, the result is a
trade which currently stands at a risk reward of about 1 to 8. Potential return of between 7.8 to 15.6 % if you risk between 1 to 2 % of your account on each trade. Targets are set using the Fibonacci tool.
The monthly timeframe trend is in line with the weekly timeframe , which is in line with the daily timeframe creating a high probability trade.
GBPJPY CHART ANALYSIS POSTED ON SUNDAY 18 SEPTEMBER 2022GBPJPY CHART ANALYSIS !!!
Let's see how this pair will perform based on the analysis.
Trade safe use proper risk management always.
GBPJPY Analysis : Resume uptrend?Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. 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.
GJ Buy Setup ✔Hello Traders. This is my setup on GJ for the next week. Everything is shown. What do you think?
Comment below. ✌
GBPJPY top-down analysisHello traders, this is complete multiple timeframe analysis of this pair. We see could find significant trading opportunity as per analysis upon price action confirmation we may take this trade. 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 Potential Buy OpportunityGBPJPY has a bullish market structure, creating HL and HH.
Retested the 163.000, 50EMA and 61.8 Fib retracement.
All signs indicate a bullish push to the upside from here.
GBPJPY - Daily Trade Idea - 20-Sep-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPJPY longwe can see that GBPJPY is bout to break the resistance zone, im waiting then for a confirmation candle on the 15 minute chart and then going for a long trade
GJ at an important level!I've been watching this level for some time now. We've been consolidating for some time now but I feel like this coming week is the week for the downtrend to start. We should get price flowing downwards now targeting the relative equal lows. Feel free to follow me and reach out!
GBPJPY LONG OUTLOOKThe Institutional Orderflow on the weekly and monthly is bullish.
Price consolidated for a while then broke to the upside.
I anticipate a classic OTE retracement into the daily BISI and pursue higher prices with a monthly SIBI as my ultimate target.
GBP/JPY GBP/JPY we were missing a few pips to short, but what we definitely need to catch is a long at 163,500 area, which we can drive all the way to 168,400 area
GBPJPY Daily OutlookGBPJPY pared most of its gains made yesterday on Pound sterling weakness.
GBP surged above the 1.15000 level after UK CPI data. It jumped to 6.3% on a yearly basis from 6.2% earlier.
GBPJPY - Daily Trade Idea - 13-Sep-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPJPY is in buy zone!!GBPJPY
4H : has opened with a gbp and on the first session, it has formed a strong bullish engulfer.
Daily: Resistance is broken and retested a couple of times.
Weekly: A bullish engulfer formed the previous week and this week opened with a gap.
Trend: Long-term trend is up
A possible buy trade is highly probable
GBPJPY LONG - BULLISH SWING INBOUND!Waiting for a pullback into the 50% fib level and a test of 163.693 to long GBPJPY back to swing highs at 168.000
If you agreed drop a like and if you have any questions leave a comment :)
GBPJPY - Daily Trade Idea - 9-Sep-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
GBPJPY - Daily Trade Idea - 8-Sep-22GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter if we have the final confirmation for entry.
