Gbpjpysell
GBPJPY SELL GBPJPY IF price retraces then I'm looking for a strong sell in between 135.000 / 135.500
GBPJPY CONTINUATION SELLPrice retested neckline from head and shoulders reversal formation.
Anticipating a continuation of the sell until roughly ~130.XX.
gbpjpy shortWill be monitoring this trade closely this week, but my bias remains short at the moment. the area where the ray line is has been a good intraday support and resistance area. Which aligns perfectly with the .318 fib which is added confluence for a strong level of resistance for the current price action. Ill be waiting for a retest to that ray line for an entry only if it goes up correctively, if it impulses through that zone will sit on my hands and wait to see what the market is doing. I wouldn't be surprised if we get a sharp impulse down through the monthly support level below into a bear flag continuation to the downside where ill be taking an entry if i see a clean structure of the flag.
GBPJPY SELL GBPJPY after rejected from the resistance and make bulkback if star to continue to a downtrend is good for traders to sell this pairs
I believe they gonna go down around 410 pips
As i always tell don't take my words serious make also your analysis if they match is good if I'm wrong tell me and drop your comments in the comments below thanks you
GBPJPY ANALYSISGBPJPY is trending downwards. Price broke a level of support, and i'm currently awaiting a pullback to the resistance to test it before TANKING HARD!, SL above previous highs and TP at next Support.
Will GBP/JPY finally drop?Hey tradomanics,
technically we see a very nice entry for a GBP/JPY sell here. AS the fundamental situation is still very mixed it is obviously very risky to trade a long on DXY and JXY since risk-on-sentiment is causing trouble for both currencies.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBPJPYTime = 1H
– Structure = Uptrend
– Pattern = Elliot wave
– Tendency = Downtrend
Time = D
– Structure = Downtrend
– Pattern = Fibb Retracement
– Tendency = Downtrend
*** Price tested & Couldn't fully breakout 0.618 Fib Resistance.
** Above Chart indicated with Heikin Ashi FOR CLEAR VISION!
GOOD LUCK
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Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
FURTHER SELLING MOMENTUM ON GBPJPY Further bearish potential on this pair to marked levels.
Entry, stop loss and take profit levels have been marked.
Do not risk more than 2%
GBPJPY forecast 2 June 2020Hi,
as you can see GJ is at the Top to make big double top then move to the downside for minimum 350 pip and maximum 580 pips to reach the start of big impulse.
i based my analyses on Market Structure and Patterns, as you can GJ come to the top in a way of correction and it made rising wedge that indicated GJ is certainly to move to the downside.
THIS IS JUST BASED ON MY IDEA.
GBPJPY BEARISH 7-9th June (big picture)GBPJPY BEARISH 7-9th June (big picture) Please leave a follow and like if you find it useful and I will keep posting for you guys!
this week will be small/big fall but we'll have other bearish on June:)
GBPJPY BEARISHGBPJPY BEARISH Please leave a follow and like if you find it useful and I will keep posting for you guys!
GBP/JPY - Sell Opportunity!We are waiting for price to retest the 131.300 area for potential sell entries
GBP/JPY - Sell Opportunity!Price is making a series of lower highs and lower lows which indicates a down trend. We are looking for price to come back to retest our highlighted area for sell entries.
GBPJPY - SHORT DowntrendGBPJPY tried to break further into 131, but failed and was met with a lot of resistance. Therefore, it will start the downtrend.
GBPJPY CONTINUATION SELLThis pair broke past intermediate support, I am anticipating a continuation on the down trend at least to the first target.
My overall thought on this pair is that it is traveling down to 15, may be 122 area.
I'd wait for a retest of intermediate support to enter a position.
GBPJPY next week trade setupGBPJPY you can see my last anlysis on gbpjpy it has reached to its target and now it will further go down but first it will retrace a little bit to buy than continue its sell trend.
