GBPJPY.100.CSM trade ideas
#GBPJPYFrom the looks of this wave structure within a Larger degree W4 I see impulsive bullish waves
H4 ChoCh Wait This H4 Closed BOS confirm EU session Sell Limit. H4 ChoCh Wait This H4 Closed BOS confirm EU session Sell Limit.
TP 1.5 ratio Because 1D Still Red in SMC.
GBPJPY BUY UPDATE!!!!1:2 full TP has been achieved
That was a good trade
Enjoy the profits and see you on the next one
GBPJPY Bullish Breakout!
HI,Traders !
GBP-JPY was trading
Beneath the falling resistance
Line but now we are seeing a
Bullish breakout so we are
Now locally bullish biased
And we will be expecting a
Further bullish move up !
Comment and subscribe to help us grow !
GBPJPY BUY REENTRY!!!!!GJ sentimental is bullish today, and early morning it just grabbed liquidity of the London session low. Now, let's take a long position
We first aim for 1:1 the 1:2 after securing some profits
ShortThe analysis outlines a technical scenario for a financial instrument based on key support and resistance levels:
1. **Resistance at 199.790**:
- As long as the price remains **below this level**, the **downtrend is expected to resume**. This resistance acts as a ceiling, where selling pressure may dominate, reinforcing the bearish bias.
- A **break above 199.790** would **invalidate the downtrend forecast**, suggesting potential bullish momentum or a trend reversal. Traders might consider closing short positions or reevaluating the bearish thesis.
2. **Support at 182.782**:
- A **break below this level** would confirm the **resumption of the downtrend**, signaling increased selling pressure and likely triggering bearish entry points.
- Until support breaks, the downtrend lacks confirmation, and the price could consolidate or retrace within the range.
### Key Takeaways:
- **Bearish Scenario**: Price stays below 199.790 and breaks 182.782 → Downtrend continuation.
- **Bullish Signal**: Price breaks above 199.790 → Downtrend invalidated; watch for reversal patterns or upward momentum.
- **Risk Management**: Traders might place stops above 199.790 for short positions or use the support break as a trigger to enter shorts.
This framework emphasizes clear levels for decision-making, aligning with technical principles of trend validation and invalidation.
GBP-JPY Will Go UP! Buy!
Hello,Traders!
GBP-JPY made a retest
Of the rising support line
And we are already seeing
A bullish rebound so we
Will be expecting a further
Bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
GBPJPY NEXT MOVE (expecting a bearish move)(29-01-2024)Go through the analysis carefully, and do trade accordingly.
Anup Bias (Mid term)
Current price- 193.100
"if Price stay below 194.300 then next target is 191.800 and 190.000 and above that 194.500.
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait (as geopolitical situation are worsening)
Best of luck
Never risk 2% of principal to follow any position.
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Trading minute impulseOn the minute timeframe of GBPJPY at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
GBPJPY POSSIBLE BUY?The market is currently testing the current Daily 0.61 & 0.786 Fib area. Based on 4HR TF, the market seems to be a possible reversal pattern which could lead to a possible reversal.
We could see BUYERS coming in strong should the current level hold.
Disclaimer:
Please be advised that the information presented on TradingView is solely intended for educational and informational purposes only.The analysis provided is based on my own view of the market. Please be reminded that you are solely responsible for the trading decisions on your account.
High-Risk Warning
Trading in foreign exchange on margin entails high risk and is not suitable for all investors. Past performance does not guarantee future results. In this case, the high degree of leverage can act both against you and in your favor.
gbpjpy short trade The Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward move
My second tradeNotice some roof key levels where price was not going so decided to continue with the market trend going down.
long GBPJPYAfter ascending triangle break out and establishing a gap in the early Monday session I prefer to long on this pair with a stop loss below the gap and target price at 208.146 at the previous high on July 2024 could the main profit target
GBP/JPY Extends Short-Term Downtrend as Selling Pressure IntensiThe Japanese yen continues to strengthen against the British pound, benefiting from its safe-haven appeal as trade tensions escalate. Increasing speculation over potential US trade tariffs on the UK and the European Union has heightened uncertainty, prompting investors to seek refuge in low-yielding, risk-averse assets such as the yen.
Technical Analysis
On the 1-hour chart, GBP/JPY remains firmly within a short-term downtrend, with sellers maintaining control as the pair approaches critical support at 190.601, the last recorded swing low.
A clear break below this level would reinforce the bearish outlook, opening the door for further downside targets at 190.337, 190.002, and 189.632. Technical indicators confirm the increasing selling pressure:
Bollinger Bands are trending downward, signaling strong bearish momentum.
RSI is in the oversold region, reflecting persistent selling pressure.
MACD remains firmly in negative territory, suggesting that downside momentum is accelerating.
The 100-period moving average is diverging lower, reinforcing the prevailing downtrend.
However, if buyers regain control, they must reclaim the 191.570 resistance level to challenge the upper boundary of the bearish structure. A break above this level would invalidate the current bearish scenario, potentially signaling a shift in momentum.
GBP/JPY long Currently approached a strong support and there is still a massive fvg gap to be filled so I am looking for long until the gap is closed.
Entry 190.7
Sl 190.5
TP 192
GBP/JPY: Bearish Setup to Expect Levels
From the recent price action on the GBP/JPY 1H chart, the pair has shown signs of exhaustion after a corrective pullback into key Fibonacci retracement levels. The latest upswing appears to have found resistance around the 0.786 Fibonacci level (near 191.60–192.00), which suggests limited upside momentum.
- Bearish Momentum: The RSI is rolling over from overbought conditions on lower time frames, hinting that sellers are stepping back in.
- Fibonacci Confluence: The identified Expect Level 1 (~190.29) and Expect Level 2 (~189.73) coincide with Fibonacci extension targets—an indication that these levels could see a reaction or bounce.
- Price Structure: The broader trend on the 1H chart remains to the downside, with lower highs forming since the pair topped earlier in the week. A retest of the 0.786 fib area has fueled sellers to push price lower again.
Expectation
- A potential breakdown toward 190.29 (Expect Level 1) is likely if the current corrective bounce fails below 192.00.
- Further bearish follow-through could drive price down to 189.73 (Expect Level 2), aligning with Fibonacci extensions and support levels.
GBPJPY BUY!!!!GJ sentimental is bullish today, and early morning, it price dropped from 192.24 to 190.91 and let a big gap which has to be filled Now, let's take a long position
We first aim for 1:1 the 1:2 after securing some profits
Possibility of uptrend After some fluctuation and correction, a reversal is expected to form and the beginning of a downtrend is formed. If the price crosses the previous ceiling range, the above scenario will be invalid.
GBPJPY SELLER SIGNAL1.4h
2.downtrend
3.resist /
4.bearish expending triangle/
5.rsi40/sto34/vol bearish but buye around the level trying to push up
6.
7fibexp blue zone
8. fibretrace left red zone
9.
10
11
12. bearish divergence
13.bearish engulfing/tweezer top/bearish harami
14bos bearish
1.2h
2. bearish
3.resist
4.bearish pannent bos/
5rsi34/sto10/vol bearish signs
6
7fibextdone
8fibretrace done
9
10
11
12bearish divergence
13tweezer top/bearish engulfing/shooting star/
14descending triangle
1.1h
2.dwn
3.resist
4.headand shoulder bos/new down trend forms/bearish exp triangle/bearish pannent
5.rsi35/sto4/volposible reversal ,but stil bearish
6.
7.fibextdone
8.fibretrdone
9.
10
11
12exp triangle
13
We wait the upward reversal and sell at the resistance zone
Buyers are in the market but we exp more sellers at new or on Tuesday
Gbpjpy1-hour timeframe:
1. Key Levels:
• Resistance: 192.566 and 192.322 are acting as major resistance zones, where price has struggled to break through.
• Support: Around 190.818 and 191.172, these are acting as support levels after the recent rejection.
2. Price Action:
• The market shows significant volatility, with a sharp rejection from lower levels around 190.560 and a move back above support at 190.818.
• This bounce suggests buyers are stepping in around this key support area.
3. Indicators (MACD):
• The MACD line is below the signal line and the histogram shows decreasing bearish momentum, suggesting a potential reversal or consolidation phase.
5-minute timeframe:
1. Key Levels:
• The intraday resistance remains at 192.322, with price consolidating below this level.
• Short-term support is forming near 191.598 and 191.172.
2. Price Action:
• There’s a slight recovery from the 190.818 level, and the price is trying to hold above it.
• Sellers are defending 192.322, indicating this is a strong intraday supply zone.
3. Indicators (MACD):
• The MACD shows early signs of bullish momentum, with the MACD line crossing above the signal line, indicating a short-term bullish bias.
Combined Outlook:
1. Short-term Bias:
• Watch for price action near 192.322. A clear break and retest of this level could indicate further bullish momentum towards 192.566 and beyond.
• If the price fails to hold 191.598 or 191.172, a retest of the 190.818 level could occur.
2. Medium-term Bias:
• On the 1-hour chart, the bounce from 190.818 could lead to a retracement toward the 192.322–192.566 resistance zone. However, if the price fails to break above these levels, bearish momentum could resume.
3. Trading Opportunities:
• Look for long opportunities if price holds above 191.598 and breaks above 192.322 with confirmation.
• Consider short positions if price rejects 192.322 again and breaks below 191.172.
Quick Setup On GBPJPYGBPJPY
👉 | BUY LIMIT @ 189.821
🏁 | TP: 192.107
🚫 | SL: 189.061
🥷 | RRR: 1:3
Note: Use Proper Risk Management btw 0.5% - 1%.
