GBPJPY Ready to big sell weekly time frame on SUpply zoneGBPJPY Ready to big sell weekly time frame on SUpply zone we expecting big down
Gbpjpysell
GBP/JPY SELL opportunity GBP/JPY has been in an uptrend following the Red ascending channel .
The price reached the upper trend line which intersects with the Key Resistance Level, and failed to break above it .
Due to this rejection / failure, I expect the price to fall until it reaches the next support level or until it touches the bottom red trend line .
This is also shown by the grey path drawn.
GBPJPY: The Start of a 500 Pip Rally?GJ In fact, last week closed above a key trend line near 142.50, and this week’s action is a continuation of that breakout.
The monthly chart above shows a triangle/wedge pattern within a larger structure that dates back to 2007.
Notice how GBPJPY is starting to break out from the smaller pattern.
If the larger structure from 2007 remains intact, and I think it will, it means GBPJPY could be north of 150.00 later this year.
Depending on how quickly this rally plays out, the 2007 trend line comes in between 150.00 and 155.00.
That’s 600 – 1,100 pips from today’s price, so this is one to watch.
However, there will be other resistance areas on the way up.
One such area is 148.00.
You can see from the chart below how 148.00 has been critical for years.
It was even a key pivot in 2013.
As long as this week’s low at 142.80 is intact, I like GBPJPY higher toward 148.00, followed by the 2017 trend line above 150.00.
GBPJPY Short (Sell) Trade SetupThis is a short term setup as we've got divergence on the RSI and rejection of a key level. We may drop to the green zones for a potential long entry.
GBP/JPY SELL (retracement)GBP/JPY have been respecting the green upward trend line since last month.
The price failed to break above the key resistance level.
I expect GBP/JPY to undergo retracements and the price to fall until the key support level or until it comes close to the trend line it follows.
Once it fall i expect it to buy gain till the previous resistance level that it failed to break above.
GBPJPY Short (Sell) Trade Daily SetupSimilar to GBPUSD, this pair is making it's way closer to a strong sell zone. In fact, there are two sell zones in close proximity. On lower time frames (2H + 4H) we can see price has been slowing down, accumulating buy orders and pushing up towards these key levels.
From the two supply zones, the lower one is weaker and both are untested.
Keep an eye on price action on lower time frames for any indications of a potential change in trend. We may not drop, we could fall into a range first, in which case, I will update with further charts.
Bearish Deep Crab PatternGBPJPY BEARISH DEEP CRAB PATTERN
Market Sell Order Set Up.
Sell Entry: (143.623)
Min Take-Profit: (142.368)
Max Take-Profit: (141.585)
Stop-Loss: (144.553)
Max Risk-Reward: (2.19)
Smash a Like button and leave a Comment, I appreciate every support. Goodluck.
GBPJPY SELL,Great opportunityHello Traders, here is the full analysis for this pair.
Watch strong price action at the current levels for BUY. GOOD LUCK! Great BUY opportunity in USDJPY ..
I still did my best and this is the most likely count for me at the moment ..
Support the idea with like and follow my profile TO SEE MORE!
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
GBPJPYI'm going short on GBPJPY!! Risk less on this trade, We have some JPY news coming up in a bit.
GBPJPY GONNA CRASH ?As we can see on my previous post for gbpjpy running well
here we go the third touch for the trendline already happened
i just aggresive entry for sell , good risk to reward and high probability
thankyou
GBPJPY, Strong Resistance, ShortGBPJPY, has a Strong Resistance, Strong Trend line, and price action calls healthy pull back!
GBPJPY-- Lets Watch Sell Entry <<Disclaimer:
the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. this is no signal. it's my opinion. trade your own risk. and Must Follow Money management.
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Thank you for your support!
GBPJPY Short Trade Setup IdeaGBPJPY is back in a reactive sell zone. We saw a strong push to the downside this morning and it's now pulling back on the 5min, 15min and 30min timeframes. Providing this zone holds strong as resistance, we look at price action for entry for a possible sell to the downside.
GBP/JPY SELLThe price has reached a major resistance level and tested multiple times failing to break above it.
I expect the price to once again fail to break the key resistance level and fall until it reaches the yellow support zone or the next key support area.
Adding on to the confluence I can see a potential double top pattern forming near the Major resistance zone indicating that the price is going to sell down.
GBPJPY Short SetupWe have here another potential short setup on GBPJPY.
This research is for informational purposes and should not be construed as personal or financial advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
GBPJPY SELL ZONEMind-blowing opportunity to go short....
...Take it into consideration anything can be possible to happen, if it breaks up the resistance level this idea would be failed.
You never quite know where the next big wave or gust of wind is coming from, but you know it is out there.
gbpjpygbpjpy today retested the doubble top as i have posted my analysis 2 days before .
reason to sell :
1. bullish trendline is broken and is retested now, coincidence is that this retest worth and for doubble top .
2. buyers are failing to make a new higher high.
3. price is showing wicks at fibonnaci level 0.718
GBPJPY SellExcelente punto para vender, este par a roto una estructura alcista, y despues de varias confirmaciones tecnicas me dice que esta cambiando de tendencia a venta.
