Gbpjpysell
GBPJPY LONGS 📉📉📉Expecting bullish price action on GJ as we are in a bullish mraket strucutre from a HTF premise, price filled all the bullish imbalances on it's way and right now we should go for the bearish openede imbalances. Price rejected also an important area of a bullish orderblock on the H4 with a clear bullish candle on the H4.
Market Sentiment tells us that retailers are selling this asset meaning we should look only for LONGS, yen weakness incoming.
What do you think ? Comment below..
GbpJpy is approaching my buy zoneA few days ago I said that, in my opinion, GbpJpy can reach 180 in the long run, and my opinion is the same.
As it was normal after the strong shoot up to 168, the pair has corrected and this correction can be a good opportunity for buyers
158-160 zone is strong support at this point and here I will look for opportunities.
That being said, dips under 160 should be bought with a target around 165 and negation under 155
GBP/JPY Made A New Low , New Short Setup With 4H ConfirmationThis 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
GBPJPYThe British pound has rallied again against the Japanese yen, breaking through a major barrier in the form of the ¥165 level. That being said, we are overstretched, so I think this is a situation where you may look for a short-term pullback in order to get involved again. The ¥162.50 level should be supported, just as the ¥160 level will be. That being said, I do not expect that deep of a correction, but it is certainly within the realm of possibility. Keep in mind that as long as the Bank of Japan is looking to find interest rates rising, they will have to continue to keep quantitative easing in play, the main driver of this move.
GBPJPY - WEEK 15 ANALYSESMonthly bias - short:
Rejection from the monthly sell zone + liquidity run above previous high.
Weekly bias - short:
Previous weekly candle is filling the pin bar wick that we’ve created in week 13. This tells me that we’re almost ready to create the next move downwards.
Week 15 - analyses:
I expect a push up towards the 162.8 area where the .618 fib is located in the beginning of the week. Be cautious for a liquidity run above the previous wick at 162.725 (see red zone).
After the move up I think that we’ll see a strong move down towards 159.9 area since we’re in a Monthly Sell Zone. The next major level of support will be at 159.9, this is where GJ maybe finds some support but since we’ve tested this area multiple times (see red arrows) It may break this level and move further towards 157.5 where we’ll find our next fresh support/buy zone.
GBPJPY Losses Momentum!GBPJPY losses its momentum to go higher highs on the daily timeframe around 162.12 zone area. It will be likely to go downtrend and retest on the support area around 160.993 which will be our first target. Price action confirmation will be validated first before making an entry. #tyor #dyor
GBPJPY ShortHello traders, this is my opinion on what will happen next on EURUSD .
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GBPJPY has turned reversal trend on and is about to go bearish.
Best sell scenario around @ 161.300 if price goes up there.
Everything is on the chart.
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Please use small lot's if you gonna trade on this, always use proper risk management and do more research before opening a position.
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My TradingView Community if you like my idea, please like and follow for support.
Also if you have any opinion please write in the comments, always open to new ideas.
Thanks for passing by and have a good day traders!
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GBPJPY is Bullish, But we expect bearish retracement Till 158.GBPJPY is Bullish, But we expect bearish retracement Till 158.000
Price break the Level 158.000 and Go till 164.000, Now we expect the retracement or retest of 158. It would be a good trade option to sell till 158.
Please manage your risk. price may go into the opposite direction.
GBPJPY Swing Bearish Setup !!The GBP-JPY is trading in a rising channel
And the husband rises to re-test
The channel's ascending resistance line
We expect a bearish pullback, but because this pair is in an uptrend
The trade will be in the opposite direction of the first
We will have to wait for confirmation of the formation of a bearish pattern to confirm selling to target areas below at 156.000
GJ Long Term TradeGJ Is moving towards to its Supply Area, This week we can either see a reverse from its supply area or its makes a new High this week !
Structure is completely Bullish right now, So we can take a Sell from its Supply Area.
SL is 66 pips so manage your RR according to your Account Balance.
Good Luck for the week !
GBP/JPY about to fall again!Hey tradomaniacs,
recent re-test of primary trendline and resistance has been rejected and could cause a continuation of the actual trend.
JPY-Basket also looks bullish while the USD is still putting pound under pressure.
Overall good correlations for a GBP/JPY-Short-scenario and great risk-reward here.
What do you think?
GBPJPY SELL !!GBPJPY has been trading inside the given parallel Channel since the start of August 2019 ! in the past few months , the currency pair has made a pattern that resembles an M and even started retesting the fibonacci level . Taking into account the resistance the pair is approaching , i expect the retracement to end within 153.678 - 154.47 . After the completion of the retracement , the currency pair will resume its movement downward till 149.276!