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Gjshort

Amazing Sell Opportunity For GJ... ⚠️ GBP/JPY ⚠️ Literally my favourite pair, it can make or break your account.. trust me I know. GJ has made a double top on the 4HR, 1D, 1W time frames, you can see there was a similar reaction at the beginning of June too, before it pushed down, we may be able to scalp a quick 50 pip move back to 139.000 as I’m sure it will reach. Hoping for it to get to around that 139.250/300 area so we can open some sells. We are looking at a possible 300+ pip move here. 🖼 The rest of the analysis is in the picture.. 🙏
Short
by NOSVII
Gbp Jpy ideaAnticipating a H&S formation off the supply zone 136.2 You could take this trade earlier near the sell zone - but looking at the 4h candle shows some bullish reaction and may suffer some drawdown. GJ moves quick. My strategy would be to enter 0.5% on the Sell Zone and 2% on the Supply area marked up. SL above previous high Moving stops to break-even once the neckline hits Pound index looking to weaken in my opinion - Treading idea only (not a signal)- trade at your own risk. Have a good weekend all! trade safe and trade smart.
Short
by imk1983-fX
2
GBPJPY sell NY session Took a sell on GJ Pre NY with a nice push down. As i put on the chart i did not want to be in this trade long term as it is the last week in June and a new month for July in the same week. Also a holiday coming up. Woke up late and was not able to catch London session. Still happy with my profits today. See you all tomorrow for London session. I try to place my SL at BE as soon as possible to avoid any losses. But as a trader I do lose sometimes, but thats just part of the game. Happy trading traders!
Short
by DJFXTRADES
Lets Talk About GJ Baby...So This Is One Of My Favourite Pairs. It's Also The Pair That Blew My Account Last Week. Now GJ could go one of many ways this week. Let me give you my analysis for this pair. This upcoming week, retail stores and major brands will be reopening from Monday, this may increase the value of the pound and get it back to a position it was before a lockdown was initiated. So here we can see that just before close a red candle was formed, this may just be a pull back rather than a trend reversal. I have a line where i think the pull back may come up to. But as you can see i also have an arrow that is going downwards, if price breaks this trend line, i believe that this may not be a pullback but instead be a trend reversal. Heres why there may be a cause for a trend reversal: - Current situation in the UK is becoming similar to the situation in the US. (i.e Protests & Risk of a Second Coronavirus Wave) - The government not being upfront with the people. As well as this Brexit discussions. However as i stated, as the businesses are now re-opening there is a chance for the pound to get back to the 141/143 mark by the end of this week. Let me know what you think of my analysis, or if theres anything i missed. Thanks :)
by SJFXT
gbpjpy Short trade idea // ReversalIn this analysis we can see Price has formed a H&S type of market structure at an area of previous resistance, this is a Key level in the market which has been respected in the past. RSI is also bearish indicating a reversal at this level, price is under both 9 and 21 Moving averages. SL is placed above structure for 87 pips, TP1 will be at 135.864, TP2 is at 135.000 for about 160 pips and TP3 will be at 132.592 for 400 pips. This is a 1 to 4.5 RR swing position, that i will be taking with students of LIMITLESS TRADE ACADEMY under my mentorship. If you agree with my trade idea please use proper risk management. Please remember to Like Comment & Follow my Tradingview if you agree to my Analysis! ----------------------------------------------------------------------------------------------------------------------------------- Always remember to move your trade to break even when in profits, its better to be a break even trader than a losing trader. Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions
Short
by limitlessal