Gbpjpysetup
GBP/JPY Full Analysis And New Long Setup To Catch 200 Pips !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPJPY: BEWARE FALSE BREAKOUT SOON.Since last week, Japan has big problem again with Corona Delta variant and very common could delay economic recovery in Japan.
you check on Daily chart of #CoronaVirus cases in Japan.
Just worry it will create false breakout on the chart.
Play safe and wait confirmation and do not rush your trade
GBPJPY AnalysisLooking at the weekly timeframe, GJ has been in a flag correction since the beginning of May, following a very strong impulse from mid March this year. Price has given us 3 touches on our resistance trendline confirm that price is respecting it. price has since fallen off this 3rd touch (as seen on the chart above). We were in a correction phase until price broke out with great momentum (represented by the length of the candles on H1) but was also quick to reverse back into the correction pattern. However, on the H4, its not really final as to what price wants to do. Im waiting for either a daily candle close or H4 close to support my bias. Overall I am anticipating a fall in GJ.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are crucial.
#Trade_Like_A_Magnate
GBP/JPY Running In 350 Pips For Both Entries And New Entry AddedThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/JPY Running In 130 Pips,New Entry Added To Who Missed FirstThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/JPY Made Inverted Head And Shoulders, Catch Before Takeoff !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPJPY H4 TIMEFRAME ANALYSIS (SELL)As you may see on the chart the price is trading below the trendline which means that the trendline breakout has already happened and the price is ready to trade in the downward direction.in addition to that the parallel channel/equal-distance channel is pointing downward as a sign of a major trend reversal. Our aim is to capture the beginning of a new downward trend and that is what we want because it is where the smart money is made. The GBPJPY seems to change its trend direction so we join in early before others notice it. The entry and exit levels have been indicated on the chart. The major key levels have also been drawn on the chart. This is more than an institutional analysis. We know what we are doing and we do what the market is doing. If you have any idea be free to add it in the comment area. Otherwise, invest wisely. Wish you more success.
GBPJPY trade ideaGJ has hit a strong downward TL, finding confluence of resistance there. Shorts here may feed us for the week, my pipples!
I hope you don't mind the longish video, as I like to teach as I give my analysis. I am hoping to help newer traders learn to become independent traders themselves.
GBPJPY Forming Bearing Pattern As we can see on the GBPJPY daily time frame since last December, the Bull keeps the market up strongly, and the Pound was getting stronger than strong against YEN. After the G7 Meeting and Federal Reserve Meting, the Pond is getting weaker slowly. We are going to open a short position from the current price level.