GBPUSD Short ideaIf you like this trade please give it a like and follow as it lets me know my ideas are helping give insight to others :)
Gbpjpysell
GBPJPY is in Bearish ModeThe market is following its trend line from the top and testing lower high every time. I believe that the market will fall more from the current level.
GBPJPY SwingSell positions will be triggered upon trendline violation. Mind you this is a weekly chart.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Exercise proper risk management.
#TradeLikeMagnatrio
GBPJPY Short AnalysisMost times, the best set up is patience. The market has respected our previous buys and now our sell limit. I'm bearish on the retest on the double top neckline.
shortApparently this is just a pullback in the downtrend. Do not take it seriously. The trend is still declining
gbpjpy analysisgbpjpy analysis :
Reasons :
1)price action
2)support levels
Price is getting bounced nicely once it hit their support levels.
sell for GBPJPYThis is just an idea and not a signal. Depending on the pattern of the head and shoulders, it can be seen that the situation may continue to decline.
GBP/JPY SHORT TRADE IDEAGBP/JPY Signal
Market Sell: 150.300
Stop-Loss: 150.850
Target 1: 149.500
Target 2: 148.550
Stop-Loss: 55 pips
Risk: 0,5%
Risk-Reward: 3,18
GJ short ideaRecently, checking Marketmilk on Babypips shown GJ on a downtrend. The bear market has been steadying since Friday. If you'd like to take part in this downtrend, use proper risk management.
GBPJPY bearish after pull back!!GBPJPY failed to break above 153.300 last week. And finally broke support on Friday, we will wait for a retest of support as resistance and sell price down to the neckline of the break out to fill the imbalance from a few week ago.
[GBPJPY W3 Aug 2021]GBPJPY
Short Setup
Continuation trade:
👉🏻 Price has a potential to form a corrective ABC movement here. Previously broke below and tested the 152.550 area, we could see further sell off to the previous low of 151.300.
Running trade
GBPJPY LOOKING BEARISH Everything is given in chart
please trail your stoploss
and follow your rules
Thanking you
SELLGJ is under a strong monthly resistance level. The order flow pointing bearish with GBP bearish with net positions being closed. Price is below a daily resistance level. If I see a bearish shift in Structure, I'll go short In this pair
GBPJPY, Daily tf, potential HnS pattern
Price might now complete the right shoulders exactly at 61.8 fibonacci level.
I am going to try selling GBPJPY as i think we have one more wave to the downside.
My target will be at the trendline supporting GBPJPY since 20 March 2020.
Sell GBPJPY 153.00
Stop loss 153.90
Take profit 147.90 (5.6R)
Use only 1-2% risk
Good luck
GBPJPY SHORTS Another pair that I will be watching for shorts, the Japanese yen has been a bit weaker lately so will be waiting for further confirmation on this trade idea
GBPJPY SELLThe main trend is downwards. price broke the structure of the retracement. A big sell of happened at resistance which created an order block. Waiting for price to touch it again before it continues to fall.
gbpjpy sellgbpjpy short :
Reasons :
1)below my ema lines
2)nice pattern trend indicates down
you can place a down trade now
take profit : green line
stop loss : red line
GBP/JPY good short position GBP JPY is making lower low lower high
look for bearish confirmation on lower time frames and enter short with your own money management
always remember money management is the back bone of any strategy
patience is the key
gbpusd sell nowI just sold Gbpusd, Gbpyen and Eurusd for a very high reward setup. it is simply support and resistance zones. your first target should be at least the 38% fib level taken on the four hour timeframe for very conservative and fearful traders.
GBPJPY Has Made a Double Top H1
Welcome back Traders, Investors, and Community!
Hi Traders, GBPJPY on H1 has made a Double Top and rejected by a large red candle which indicates it’s going lower. It can go lower to 151.9
⬇️Sell now or Sell at 152.88
⭕️SL @ 153.31
✅TP1 @ 151.9
✅TP2 @ 151.17
✅TP3 @ 150.20
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Have a Profitable Day
GBP/JPY good short position as per technical aspect gbpjpy broke trend line resistance on daily time frame and market is back at the broken zone for a retest
look for bearish confirmation on lower time frames and enter with your own money management
alwats remember that patience is the key
