GBPJPY Looking to Sell MoreGPBJPY was in a push phase and its currently in a exhaustion mode, in which i candles are signaling a a buy rejection , signaling more sells for the next push phase
Gpbjpy
GBP/JPY SellConsistent patterns playing out. Perfect 4H rejection at the previous resistance. My target is the current 4H support and i will update you from there. Good luck!
GBPJPYas you can see we have a strong resistnace line in the weekly timesframe and in the daily we have a slight bullish channel.
the Higher Timeframe has a downtrend and the daily is uptrend BUT, the price is inside the Komu Cloud and Tenken & Kijun Made a Sell Cross.
So my prediction is a Falling to the Downline of Channel.
What is Your Idea? Tell me ;)
GBPJPY - SHORT IT- PAIR MADE A FAKE BREAKOUT OF THE RESISTANCE LEVEL.
- CAME BACK TO RE-TEST THE LEVEL AND TAKE ANOTHER BIG REJECTION. (SUPPLY CONFIRMED)
- SHORTING NOW FOR A TEST OF THE SUPPORT LINES MARKED OR;
- BOUNCE OFF THE LOWER MEDIAN LINE.
SL ABOVE WICK HIGH.
GBP JPY in a decisive pointDisclaimer: Don't trade with money you can't afford to lose. - Don't trade based on my personal Analysis.
The pair GBP JPY at a decisive point.
We will be looking to sell if we broke the trend with a good bearish candle.
Otherwise, the GBP is strong but we need some momentum to buy.
If we short the goal will be: 135.80
Good luck!
GPBJPY LONGBuildup trading opportunity as price has been creating a buildup and ranging throughout Asia session near a HTF resistance zone, waiting for price to come back down to a minor support to get the best entry. Trade idea is dead is price falls below and continues to push below that minor zone.
GBPJPY potential reversal!
GBPJPY expected to rise up to 1st resistance at 137.054 where it could potentially react off and drop down to 1st support at 135.333.
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Losses can exceed the initial investment so please ensure you fully
understand the risks.
Quick pip thing!just trying out this new thing i came across, lets see if we can get a few quick pips here
GBP/JPY Bearish - good risk reward breakout short Bearish flag
price trapped inside the diamond pattern at the 50% Fibo level
Good risk reward opportunity for short breakout
GBPJPY Longs Hoping to see price come down a little more to retrace on the 61.80% fib level, at this level I will look to zone in an entry when I see a clear rejection happening. This upside target is around a 200 pip move. Lets see how this plays out!
GbpJpySeems like the alternate view may not be coming and we are on the original path to the downside
As posted before the top and reversal, covid does play a part in this move down
Until we see a strong bounce, price can still keep on melting down till it reach the stated region
Good luck
GBPJPY - Bearish closure below 142.550 = ShortA nice intraday short for around ~50 pips is available. All that is needed is a bearish candle closure below this hourly level. The Yen is strong right now as it is acting as a safe-haven during the Coronavirus frenzy.
GBPJPY «RALLY»Demonstrates a positive correlation with the pound, but is full of surprises.
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Buy GPBJPY Supply and Demand LevelsThe GPBJPY are in the perfect demand and supply zone, RSI, MACD and Stochi Indicators are clearly shows that there is great chance for bulls to take over the game. According to the fibonacci retracement the next stop will be 145.243.
Interesting Area on GBPJPY Possible reversalGBPJPY is approaching some significant levels, this could be an area where it reverses. I will be waiting on looking on smaller time frames like the 4H, to find an opportunity to short.
GBPJPY INTRADAY SHORT - WAIT FOR A BREAK OF CTLA nice break of this CTL can have GBPJPY fall to 128.220 area to create a full head and shoulders pattern.
