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Gbpjpysell

GBPJPY – Big Short opportunity presented it self once againAfter moving up correctively for several months, now once again a big short opportunity presented it self on GBPJPY. This one is looking very interesting. The price has now reach a very high value area, at the top of multi TF structure. It also near the daily inflection point (double top) area.. To add more confluences this weekly close price forma very nice bearish pinbar with big wick. In the lower TF, we can see now that the price already rejected very impulsively from the top high value area. Its starting to consolidate a little now in H1 – H4 TF. I will look closely on how the price develop in this area. If the price form some clear bearish contuation structrure,.. I will take the break of the structure as confirmation for more further downside move. If we look at the bigger picture on HTF structure on how the price develop, we can see that this pair really have massive profit target area,.. there is still so many opportunity that will present it self, and I’m expecting we will finally see some big momentum on this pair for the next few months. For now, let’s see how will this pair develop, good luck.. __________________________________________________________________________________________________________________________________________________________________ Here is the MOA FX technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger. __________________________________________________________________________________________________________________________________________________________________
Short
by moa_trading_journal
GBPJPY - SWING - 11. JANU. 2021Welcome to our weekly trade setup ( GBPJPY )! - 1 HOUR Bearish price action and closure below main sr level. 4 HOUR Overall bearish moving market structure! DAILY Exoecting more pressure towards previous support zone. - FOREX SWING SELL GBPJPY ENTRY LEVEL @ 140.650 SL @ 141.280 TP @ 139.730 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Short
by DACapitalTrading
42
The Single Best Trade for 2021... and beyond. This trade naturally stands the reason. It is the worst G10 currency prospects versus what's still the most stable("best") G10 out there. While Japan continues to maintain a healthy Account Surplus (for several decades by now) the UK decided to inflate the BoE's balance sheet to the tune of 120% of GDP, in just a few short months. This fact alone justifies a complete re-pricing of this cross, without the need to speculate on the impending doom of the UK, a debt-ridden, rapidly aging, outpost (and Not just because of Brexit - which is a day late and a dollar short!) that is currently dying in the pandemic (economically and in the literal sense) faster than any other country in the developed world. E.g. a total and rapid repricing of this pair is inevitable. (... and as we all know that, this pair can do that faster/better than any other pair in the majors!) Here is the Monthly outlook - And for those who wondered "what the 2nd best trade could be"...;
Short
by Nemo_Confidat
GBPJPY – Nice Sell Setup waiting for BreakAfter moving in choppy manner over the last few weeks, GBPJPY correctively and slowly move to the upside while approaching the sell area of TF structure. Now, it finally looks convincing again... Yesterday, finally, GBPJPY gor rejected impulsively from the high value area (Inflection point / double top) I have marked from a long time. Now, the price is forming a small bearish continuation flag in H1 TF. I’m waiting for the break of this flag structure to confirm a further move to the downside. Lets see how will this pair play out. Good Luck __________________________________________________________________________________________________________________________________________________________________ Here is the MOA FX technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger. __________________________________________________________________________________________________________________________________________________________________
Short
by moa_trading_journal