Shorting GJGJ sell idea, based on the 3rd touch on a large daily/weekly timeframe trendline, target can be reasonable in size due to the strength of positioning as well as alignment to other Yen pairs at this stage.
Gjshort
GBPJPY LONG BIAS (SWING IDEA)Hello everyone!
I have updated my GJ chart. I have realised that there was a clear sell missed on the LTF, where the white POI zone is marked.
However, GJ is going to test a crucial Demand zone and i will be looking to Swing trade this once i see LTF confirmations on my chart!
The buy target is very much realistic. As on monthly, GJ hitting 184 is very possible in the next year or two.
Any questions, Ideas, or objections please comment down below or DM me :)
Take care traders!
GJ waiting... Whats up guys, waiting for a clean break of 159.925 on the 1H and depending on the size of the break will determine if i enter on the break or wait for the retest!
However if price fakes us out with structure from the LOD i'll look for buys, all broken down in the vid!
Let me know your thoughts!
GJ Pullback ShortGJ small correction pullback as long as price is under the 160 price point I'm short especially under 159
if price starts trading above 160 I would be looking for buys
GJ Still in SHortGJ short sell still more to go IMO. NFA. Plenty of room left to drop to 158 then 149 in Long sell. NFA
GBPJPY SHORTThis is a long term trade as it's on the daily timeframe, and price broke the support zone and price has the higher chance of getting to the resistance zone and sell to 158.670 zone.
GBPJPY POTENTIAL FORECAST|TUESDAY|27/12/2022GBPJPY is currently in a nice bullish market structure. I personally am expecting this bullish structure to break as GBPJPY is very bearish fundamentally due to the sudden change in monetary policy in the yen and the weakening economic standpoint of the pound. GJ on the higher timeframe is in a minor retest to head down lower. We are currently seeing some form of exhaustion in bullish momentum and a roll over to retest the lows again is very likely. Will be looking out for a few confluences as marked in my charts for short. Take profits has been given and marked above.
Thought on GJ movementsThinking of frying multiple hatched eggs, :) lol
Hope market is happy if I milk it
GJ - Sell Not a trade signal
- Sell GJ
- HTF to LTF analysis
- Taken on 30 mins timeframe
- Confirmation entry
- Fit my trading plan
- No fix TP area. Trail stops.
GJ bearish Looking for price to pump up to 167.75 area for a sell down to demand zone of previous lows
Double top on 1hr, at resistanceGJ has formed a double top structure on the 1hr chart at resistance @ 168.580. If the current stick closes red we going down. Confirming the earlier analysis of 4hr double top and retest under resistance. Just observe the trade and see. Price always returns to the 200ema(white), lets test the theory, maybe today or tomorrow we should get there
P.S GJ is Bae
GBPJPY sell scalp idealooking at sells as GBPJPY rejects the previous high, potential double top entry however we're cautious about a fakeout to grab liquidity before a real move down.
We will see what price does and manage risk based on that.
Market maker went hunting for Sl yesterday, should short todayLooks like the market maker went to hunt for stop losses yesterday. Price formed a wide double top at the level 162.526 on the 1hr chart, As analysed, I still think that price will go down to test the low of last week minimum 156.978 to 155.736 , but we would have to break 159.644 level, retest it and enter after the retest to confirm the move.
GBPJPY SHORT IDEAHello!
We have seen some consolidation for some weeks now on GJ before the quick push to the down side to define our structural bias for this pair. Seeing how we have formed a clear CHOCH or BMS on the higher timeframe we will be looking to see the JPY gain strength in this coming weeks, that having been established we now look to a strong supply zone from where we will be selling this pair to the next lower low. This supply zone has been marked out on my chart and seeing the frequent rejections from there by the candle sticks gave us a further confirmation to sell. Hence trade has been triggered!!!
Cheers!!!
Under Cover Trading
Swing Trading Simplified
Free daily tradeSell GJ now, dont ask questions, just sell lol. Been in consolidation, but we are currently ready for a sell
GJ should continue to fall after last wednesday double topGJ should continue to fall after last Wednesday double top reversal, it is Monday so we should see the move between today and Wednesday. Zone to zone trading
Daily GBPJPY retest of 200ema, possible strong sell.Daily GBPJPY retest of 200ema, possible strong sell. If the daily candle ends bearish we will expect sells from Monday. We could even look for sells today, as I have
SHORT GBPJPY 2 POSSIBLE SM ENTRYS GJ it's totally bearish at 4h time frame so I'm looking for sells. I need to see a confirmation on the OB to put my order.
GJ shortMonthly; bullish trend
Weekly ; there is a candle that filled the previous candle’s wick so I was expecting price to get rejected from the monthly S/R zone and reverse, currently is stuck in a consolidation
On the daily there was a rejection forming a shooting start candle indicating a reversal may happen, price also broke previous swing.
On the 4h; there is a spinning top candle followed with a bearish engulfing
My confluences for a trade;
4h
Breaking previous HL
Below emas
A heavy bearish momentum breaking the S/R zone
The monthly/weekly long wick candles indicating loss of bullish momentum and a high probability of price reversing.
GBPJPY reached target after resistance retest as predictedGBPJPY has dropped from resistance on 4hr, giving me a 90 pip drop from entry, booked profits leaving runners to next zone
GBPJPY short after 14ema retest and half batman GJ sell, after retest, down to support level, after forming half batman at resistance
