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Gbpjpyshort

GBPJPY PLAN!Hello traders around the world! My name is Alexandre Karim, and this is the second plan for GBPJPY. (You can check out the first one as well and how it moved). Forex traders are always looking for the most profitable and reliable trading opportunities. One such opportunity is the GBPJPY pair, which represents the exchange rate between the British pound and the Japanese yen. In this analysis, we will discuss the potential of shorting the GBPJPY pair when the price reaches the red rejection line or the upper trend line, which is in the 162.310 and 163.160 area. We are currently waiting for the price to reach this area + we will be looking for a clear reversal pattern to short this pair. I will be waiting for a 1H breakout structure or a 15 mins inner structure consolidation inside the 1H pattern. It is very important to stay relaxed and be patient. #THEPRIMES
Short
by alex_k_95
$GBPJPY - Liquidity/hard resistance above - CoT Suggests Short*SMART MONEY CONCEPTS* (SEE ATTACHED RELATED IDEAS) I have a 15 min chart that I looked at and fiund Smart Money concepts throughout that would suggest a short as long as the price is moving bulish at midnight NY Time... Even then my daily outlook maybe off. But I don't believe my weekly outlook will be off. There's too much to sugggest a short. Such as the Fair value gap below, the Liquidity point below, and the Commitment of traders that says they added more shirts but haven't seen much of a return. So here's the 15 in that I think may happen with more in deth markups than the larger time frame And of course above is the larger time Frame. in which I think the pound may be going down as we saw their economic numbers in the red today, we just may not feel it until tomorrow. We'll see what happens.
Short
by BodiesXWix
7
GBPJPY - Daily Trade Idea - 13-Feb-23GBPJPY (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry. - Rejection Candle Formation - Red Candle after the Green Candle. - Stochastic - Overbought Area - Timing of entry Prior / during UK / US Market Session.
Short
by onelinkFX
1