GBP/JPY SELL POSISION GBP/JPY SELL POSISION
Looking for sell posision,we have liquidity on downside to take.
I will wait on entry for ChoCh,BOS and supply rejection.
This trade is just idea,not advice!!!
Gbpjpyshort
gbpjpy sellprice has recently moved out of the ascending channel that price had previously created, created a correction after breakout and another continuaiton correction for more pushes to the downside.
GBPJPY SHORTWatch the video in its entirety to understand what we're doing next. There is another recap following this trade with a similar set up.
#GBPJPY- Heading towards 150 Region?-Hello Everyone, GBPJPY have failed to break through previous High, price have remained in same region for long time now, expecting a strong bearish reversal!
GBPJPY - Daily Trade Idea - 25-Jan-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.
GBPJPY SELLGBPJPY plays out Nicely Trading is beautiful when you know what you are Doing, if you followed my last post on GJ sells you would know what I’m talking about Guys.
I saw Everything And I did my own part by Analyzing the Market Now We Have Successfully Made Money on GJ sells that I post Few Hours Ago.
Go back to my last post and see
What I’m about .
We Just Hit Take profits So Guys
If you like this Trades/ analysis please show me love and Drop a Comment Thanks
GBPJPY SELLSo Basically GJ happens to Created a Good TL Breakout on The H4 TF, this is basically why we are Expecting a retest To that Zone Where I Put out the blue line @160.112 this zone Need to be tested before we can see GBPJPY continue it Moon trip. On a LTF GJ Also Created a TL Breakout this makes Our Sell Confirmation 100% so let’s wait Patiently.
SELL GBPJPY ⬇️⬇️⬇️
SL: 161.649
TP: 160.112
GJ downsideJPY pairs have been playing silly buggers a bit with some bigger moves. All criteria met here for me and close to 17:1 Risk Reward. Looking to take out the higher time frame lows.
Bearish Bias on GBPJPYThe pair has been ranging in the bearish channel, making series of highs and lows.
Currently the price just made a double / flat top at the upper wall, the reflecting a Higher Low at the stochastic indicator (revealing a price Divergence)
A sell trade can be anticipated for anywhere and target the support wall of the channel.
GBPJPY SELLGBPJPY Formed a resistance at the price of 161.26, it was rejected, and it seems that the price is still going down.
GBPJPY On the daily chart is still a bullish candle.
For a better confirmation, I recommend entry at the price of 160.0/159.80, but you have to be careful, this price can become a strong support and send the price up to the resistance from 162.0
Like and comment if you want more trading setup.
Thank you!
GBPJPY (SELL) OUTLOOK H2GBPJPY is currently trading within a developing structure which we could see a push down to create another low.
Price has failed to break above 161.200 range multiple times which we should see bearish price action form for a sell opportunity.
Recommend short term selling to 155.6 range.
Thanks
Trade Safe
SELL ANALYSIS ON GBPJPYWe can see GBPJPY reverse from a major resistance zone on the 4H timeframe. The resistance zone has been tested multiple times since December 2022. We are expecting it to reverse to the next support zone which is at 158. it has also been tested multiple times. If price breaks the support zone, then its expected to reach the next zone which is at 155. Also be aware that there is a zone at 160 in between the resistance zone and the next support zone. I used a thin horizontal line to mark it. price may react around there. Let us see how it plays out. Thank you.
GBP/JPY :: The last analysis.GBP/JPY :::
The previous analysis is still valid and the price was able to cross the ceiling of the channel .
It is expected that the next targets will continue on their way .
GBPJPY: A bearish taleThe pair shows strong bearish rally with formation of lower highs and lower lows.
