Gjshort
GJ Breakout?Are we looking at a breakout of the range since 2016? Seriously it's been struggling to make a move above the range. Maybe the fundamentals would provide the needed push to the upside.
GBPJPY Reaching Weekly Resistance / Volume ClusterGBPJPY is Arriving at a weekly Volume Resistance. lets see how the price behave at this level marked on the chart. There are also high impact news today and tomorrow on Pound and Yen. I am short biased but still the price is in an uptrend so I am waiting for a correction of at least 150-200 Pips. The MACD also shows a divergence on a 2hr time frame and a heavy bearish divergence on 1hr. stop loss should be 45 pips. Good Luck! Trade responsibly. Use proper Risk Management.
GBPJPY SELLS looking for GJ to retest a bit for any sell trades.
confluence;
retest to 151.000 number matched with s/r zone
touch the 0.382 fib and a trend line
touch the 200 ma
price action on that zone for any trade entry on 15m
and as always trading with the big trend.
GJ SHORT SWING OPPORTUNITYI am looking for swing SHORT opportunity with target to 144.800
Follow me for the trade update
Good Luck and TAYOR.
GBP JPY THIS WEEK 29-11-2021 to 03-12-2021Overall trend in W,D is still bearish . as the last friday sell off was huge there is chance for price to retrace back and clear the supply area orders resting above.
GBPJPY SHORT (Mean Reversion)Confluences:
1: Stop loss hunt at previous high on weekly chart.
2: Price heading towards high of the year(2021) which is an important supply zone with many retail stops.
3: Price has been moving very quickly which signals an over extended market for the pair
Summary:
Price is currently over extended and has been moving in a up trend for 2 weeks straight. We are looking for a potential stop hunt at the high of the year where many retail stops may be sitting.
There's is a potential for strong mean revision to take place allowing big players to hunt some stops and grab some liquidity before we see a continuation to the upside in a few weeks to come.
This trade is expected run for the next 8-9 trading days or until the target is reached, whichever comes first. Always remember to Buy to the low and Sell the high. We will see how this current weekly candle closes before looking for any entries early next week.
Still bearish on GBPJPYGBPJPY / 2H
GBPJPY is till following the bearish momentum as predicted the last week after
observing a classical Wycoff distribution. We will continue watching over this pair for
more potential sells around the zones 155.00 and 155.5 after price action confirmation.
Trade safe,
Trader Leo.
GBPJPY SHORT IDEAHey guys, this pair has been on a strong bullish move.
On the H4 timeframe, we see a consolidation break in market structure to the dowside which gives me my bias for going short. My bias will be invalidated incase that H4 reistance gets broken.
GJ SHORT H4 AnalysisPrice has shown a strong rejection from the high and printing a good bearish candle signaling sellers in the market.
Taking price to previous lows + around the 156.00 level.
Possible start of downtrend.
GBPJPY ShortsBased off market structure and the huge wick rejections to the left of current price once I reach the circled level I am looking to short GBPJPY until the support structure!
GBPJPY H1 ANALYSISPRICE HAS broke and retested the 151.50 and is pushing lower. Possible drop to 151.00 or lower.
Will see if price will hold lower to go back and test previous lows under 151.00.
NZDUSD AND GJPJPY TRADE RECAP After i saw how market was reacting at our 61.8% fib zone , market was creating a double top, took my trade after the break and retest of the neckline on NZDUSD
GJ for the sellPrice is currently selling but is pulling back off the impulse move to the downside looking for price to retrace to key area 150.100 to key area 151.500 which is around the 50-61% retracement level before price continues to sell to the downside.
gbpjpy short ideatechnically GJ is still bearish , price keeps printing lower highs , lower lows i advice to only look for sells like shown in the chart .
we will consider that GJ is bullish only at the break of 153.50 level .
GBPJPY ShortMy view of GBPJPY . Potential short opportunity.
I expect the price to come back up to mRA (minor Resistance Area) , where our entry is (152.239). Stop Loss is above MRA (Major Resistance Area) at 153.465 . From there I believe the price will get back down to respect the downtrend and head down to our PBA (Pullback Area) at 150.727 . From there we either A : Break the PBA to the downside or B : Bounce back up from it. A break of the PBA would be our confirmation that we are heading down to our Take Profit 1 which is at 149.202 . UK GDP q/q release is on 30th of September 2021 . If the release is positive, that should trigger our order.
PARAMETERS
- Entry: 152.239
- SL: 153.465
- TP 1: 149.202
- TP 2: 148.466
KEY NOTES
- Entry at mRA (minor Resistance Area) .
- Break above our Stop Loss would result in breaking the downtrend structure .
- PBA is a key level with 2 possible outcomes.
- UK GDP q/q release on 30th of September 2021 .
Happy trading!
GJ shorts before potential breakout to upsidehere's what i think could happen to GJ. don't trade this pair often but I like how it moves. either a full short down or till the last support.
GJ SELL BIAS STIll, NEED TO HAPPEN LOT,
1. MANIPULATION
2. STRUCTURE BREAK
probably GJ will start to fall from Tuesday or Wednesday
We will see.
What does beyond the technical analysis mean? LOL
Happy Trading. :)
GJGJ Aporchinh heavy sell of zone looking for selling oppertuines as we at fib gold level as well waitng for break and retest to go down.
