Gbpjpyshort
GBPJPY - Trade PlanTaking a look a 4 hour chart, price action closed strong to the downside on Friday.
I'm not waiting for a bit of a bullish pullback to enter in on some short sells to the downside.
Keep it simple.
I placed a black line at each level I will be adding sells with my final target down at 180.
That's it - That's all
Trade Safe!
GBPJPY SELLFX:GBPJPY
Price on GBPJPY broke below the Daily support area simultaneously breaking the short term bullish structure on the 4H timeframe. This week I will be looking to go short on GBPJPY. A retest to 182.275 Daily resistance and/or a break and retest below 181.186 Daily support/resistance is were I will be looking to go short on GBPJPY.
GBPJPY; Massive Head & Shoulders forming on the Weekly!A massive Head & Shoulders formation on the Weekly chart (and, obviously, on the daily), forecasting a -9% plummet in this pair upon completion . (I.e. It will have to break down, first!)
There are a host of reasons why a total break down in this pair would be fundamentally justified, as well, but to highlight a few, in lead words:
- Cheap continental (EU) capital flow has long ceased - Brexit;
- Since 1990, while ~40% of EU manufacturing profits have "trickled down" to the "average Joe"s the same wealth transfer was limited to only ~8% of the UK's population. (E.g. Germany financed virtually all of the British capital expansion in the last 30 years which Britain freely squandered away, permanently.)
- Probably the most interesting/significant factor is this:
IFF A.I. fulfills even a fraction of the "hopes" attributed to it's recent rise and practical promises (GPT-x, etc.), interestingly enough Britain is in the "sweet spot" to be the most devastated by any value added by the "A.I. revolution"! (We have conducted an extensive, multi-month research project before arriving to this conclusion. Time allowing, we will attempt to include the most practical/trading related aspects of those results here.)
- Japan continues to come out of it's 30 year slumber and there are tangible signs of continuation of this progression. Also, in the presently unfolding multi-polar "new world order" the undeniable winning block will be most likely the NAFTA + Japan "manufacturing & trading block". At present, the two fastest developing regions of the world are;
1) Texas + Northern Mexico;
2) Japan + S.E. Asia (while China's problems remain well out of reach for any solution - I.e., demographics, etc.)
We are actively looking for a Short Entry at these levels.
Here is a closeup - Daily;
GBPJPY BUYHello, according to my analysis of the gbpjpy pair. The pair is in a positive state. We notice that the market rebounded from the 179.900 area, which is considered strong support. We also notice the formation of a strong candle with a tail indicating the strength of buyers. The price also respects the descending channel as shown in the analysis. good luck for everbody
GBPJPY's easy-to-see trendThe Japanese Yen decreased 0.13% against the greenback, down to 148.68/USD. The Japanese currency rose again after Kyodo reported that the Bank of Japan is considering raising its core consumer inflation forecast this year. However, this currency turned down immediately afterwards.
Sell set-up in GBP/JPY Hello everyone, GBP/JPY has rallied to the supply level on
the 4Hour chart. However, the supply level is not that strong.
So, for anyone selling GBP/JPY at this level, make sure you have
a stop loss. If the level at 183 holds, we can expect price to
fall to 182, 181.25 and even 179.
GbpJpy- Drop ofter confluence resistance test?In my previous analysis on GbpJpy, I said that the pair could rise and test confluence resistance at around 183.
Friday's close found the pair exactly in that level and after the gap from Monday's open, the pair continued down.
At this moment the pair is trading in the support given by the recent ascending trend line and a break above this level is probable.
In such an instance, continuation is probable and the paint could reach the previous low.
I'm bearish as long as the price stays under 183
GBPJPY SHORT IDEASo this would be my next setup for this pair,going short if it breaks the low,chasing 650 pips profit,but take your own decision how long do u want to keep trade going because on daily we can spot a big rejection half move down,where price could possibly reverse,take partials or keep your sl above last hi.Happy trading everyone,september was extremly choppy,lets see how will october be.
GBPJPY Day trading setup!Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY - Short after retracement ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to make a retracement firstly to fill the imbalance higher and then to look for a short if price rejects from bearish order block + institutional big figure 183.000.
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