Gbpjpysell
GBPJPY-SELL strategyNo change in view.
The GBPJPY has gone a little to fast and too far. The stochastic RSI is turning negative. The RSI is overbought but not extreme.
The NEW MOON phase usually indicates the trend will change as well.
Strategy SEL current 157.00-157.25 for a move to 155.25 short-term. Stop-loss suggesting above 158.25 for now.
GBPJPYThe downward descent has started and is clearly marked on the chart as to where I think it can fall down to. Good luck.
GBPJPYHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze GBP/JPY a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
My thoughts are for those who are interested in improving their financial education.
Thank You..
GBPJPY - SELL strategyThe run-up has been impressive, but now it starts becoming a rich move. The RSI is high, and the stochastic (even still bit positive) starts also looking overdone. The Heikin Ashi number of green candles are also impressive in numbers.
Strategy is SELL 157.25-157.75 in small increments, and place stop-loss above 158.50 for now.
Profit potential is below 155.00.
GBPJPY APPROACHING A SIGNIFICANT HIGHFrom a daily outlook, GJ has been on a bullish run for about a month now. At present, the pair is approaching a 3 month high at 158.00 after extensively breaking through 156.00 - Very much likely, 158.00 might offer some resistance to price, providing a logical shorting opportunity for a deeper correction on the impulse leg down to the most recent high at 154.50.
PS: Trading is reactive not predictive, until reversal signals confirm this bearish bias, don't short.
Thank you! Do hit the like button and leave a comment if you found this helpful.
Possible Short Opportunity on GBPJPY +900 PIPSAccording to Fibo Retracement
The price hit the 61% Fibo level
Resistance level
GBPJPY - SHORT - SELL Hello everyone, I am shorting GBPJPY 25pips sl and 100pips TP, close to DAILY POI
GbpJpy is in strong resistance. Good time to sell?Since 150 recent low on 20 December, GbpJpy has risen strongly and has gained 600 pips.
At this moment the pair is trading exactly in a strong resistance zone and normally this would be a good sell signal.
However, considering that GbpJpy is a very volatile and, more importantly, a trick pair, I expect a spike up before the drop.
A clear sell signal is given by a new low under yesterday's
GBPJPY 1h, Dec 31This is my idea about GBPJPY next move which you can see it in chart
Uptrend is broken and a pullback happened
GBPJPY - SHORT - SELL Hello everyone, my view on GBPJPY, U can see everything on chart :) January will be bearish for most of the pairs imo
GBPJPY - SHORT - SELL Hello everyone, I am shorting GBPJPY as u can see. We had BOS now it is doing bearish flag and I am aiming at support
GBPJPY- SELL strategyGot stop-out 152.50, but am considering re-entering due to the fact that stochastic is high, and we are kind-of gravitating around FIB re-tracement level 152.57.
For now will re-sell 152.75-153.00 based on high stochastic level. However, if we confidently trade beyond 153.00 it may be the start of uptrend once again.
GBPJPY- SELL strategyIf you look carefully at history, we have 5 BOTTOM pattern. Considering that, and the minor risk of selling, I think we will see low 138.00.
Sell current 150.00-150.50 and place stop-loss above 152.50 (its medium term strategy). Profit 139.50 for now.
The MACD is kind of neutral turning negative, and stochastic RSI is negative.
GBPJPY updatesLooking to see if price is going to make more rejections out of the resistance for a possible short trade back to major support level and lower, so I will be watching price for another spike up where I may take the rest of my profit.
GBPJPY short term bottom is in. More upsideThe pound yen is forming a wave 4 correction and I think the bottom may be in for this move upwards. However wave 4 correction can be messy so please control your risk in your trade. The stop loss at 149 looks like a safe one and we are targeting 152.5 for an exit.
GBP/JPY Likely to fall!Hey tradomaniacs,
looks like GBP/JPY wants to continue its downtrend after the recent retest and strong rejection.
Good opportunity to short with a HIGH RISK-REWARD.
GBP/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the GBP/JPY for the new week ahead
GBP/JPY has still got plenty of legs to keep moving to the downside as you can see in our previous week chart on the GBP/JPY we predicted a nice sell trade
so i am expecting a pullback to the order block zones and will be looking for a sell trade
look for pullback to zones lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
GBP/JPYThe British pound fell a bit last week as we have seen a major “risk off” attitude approach the markets. All of that being said, the market is very sensitive to risk appetite as the Japanese yen is considered to be a major safety currency, while the British pound will gain against it in times of “risk on.” At this point, it looks like there are serious cracks in the marketplace, and a move below the ¥149 level on a daily close could send this pair down to the ¥145 level rather quickly. Regardless, even if we rally from here, the market would have a lot of proving to do in order to become bullish.
GBP/JPY 4HR CHART SELL SET UPHi everyone this is my trade set up for the GBP/JPY for the new week ahead
GBP/JPY has still got plenty of legs to keep moving to the downside, so i am expecting a pullback to the order block zone and will be looking for a sell trade
look for pullback to zone lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
gbpjpy gbpjpy , The artwork is nearing completion , Until this moment, this deal hits ✅✅✅ three tp and On its way to the fourth ✅✅✅✅ with total profit ✅✅ 580 pips and it still running , only 70 pips more and we all done
GBPJPY SHORT TRADE AGAIN!Got some nice positions on this pair yesterday and took 50% profit at 153.500 then got stopped at breakeven with the remainder. Ive entered shorts again off that 154.000 resistance and hoping to see price attack that support again at 153.500 and possibly lower, bit of a slow week so will be taking some profits again at 153.500
