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GBP/JPY Mini

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GBPJPY.100.CSM trade ideas

GBPJPY EXPECTED SELL SETUP ! GBPJPY is showing bearish signs, indicating a potential sell setup. The price is facing strong resistance and struggling to maintain bullish momentum, suggesting a possible downside move. If sellers take control, we could see a drop toward key support zones. Confirmation signals such as bearish candlestick patterns, trendline rejection, or a breakdown of structure will strengthen the sell setup. Traders should wait for clear entry confirmations and manage risk wisely. This setup offers a high-probability short opportunity! 📉🔥 Technical Analysis by Ali Khan
Short
by Itsalikhaan
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. @fxopen
Short
by syomking76418
GBPJPY capped by falling resistance at 191.16The GBPJPY price action sentiment appears bearish, supported by the longer-term prevailing downtrend. The key trading level is at 191.16. An oversold rally from the current levels and a bearish rejection from the 191.16 level could target the downside support at 188.90 followed by 187.12 and 185.60 levels over the longer timeframe. Alternatively, a confirmed breakout above 191.16 resistance and a daily close above that level would negate the bearish outlook opening the way for further rallies higher and a retest of 193.68 resistance followed by 194.70 levels. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
GBP/JPY 30-Minute Chart Analysis & Probability Estimation (Feb 2 **Key Observations:** 1. **Market Structure:** - The price is currently within a **consolidation phase** around the **equilibrium level**. - **Multiple Change of Character (ChOCH) points** suggest liquidity grabs and re-accumulation/distribution. - The **Break of Structure (BOS)** earlier signals bearish intent, but the price is reacting to the **discount zone**. 2. **Supply & Demand Zones:** - **Premium Zone (Red Area - 190.000 & Above):** Strong supply area. - **Discount Zone (Blue Area - Below 188.500):** Demand area, where buyers are showing interest. 3. **Liquidity Areas:** - **Weak High & Previous Day High (PDH ~189.800):** A potential liquidity grab zone. - **Previous Day Low (PDL ~188.200):** A strong low that might get tested. 4. **Current Price Action:** - Price is rejecting the **discount zone** and trying to move higher. - Still trading below the **PDH resistance zone**, meaning further upside requires a liquidity grab. --- **Probability-Based Scenarios:** 1. **Bullish Scenario (Price moves up to PDH - 189.800 or Premium Zone - 190.500)** - **Probability: 60%** - **Reasons:** - Price rejected the **discount zone**, showing buyer strength. - ChOCH shifts indicate possible bullish re-accumulation. - Liquidity above **weak highs** (potential target area). 2. **Bearish Scenario (Price moves down to PDL - 188.200 or below)** - **Probability: 40%** - **Reasons:** - If price fails to break and hold above equilibrium, it may seek liquidity at PDL. - Strong low at PWL (Potential Weak Low) might be a target before bullish continuation. - Market is currently undecided within equilibrium. --- **Final Thoughts:** - **Slightly higher probability of bullish continuation (60%)** as buyers are defending discount zones. - **Watch for confirmation:** If price **breaks and holds above 189.200**, then the bullish move is likely. - **Bearish case:** If price **rejects and falls below 188.800**, then further downside is likely.
by wizzywise1
GBP/JPY Feb 26th Cont.....Learn about discipline and identifying poor market conditions over chasing what is clearly not there to start with. The word Anticipation is used way to much for those looking to get into trade positions and is simply guess work and hoping for something that can clearly be identified as such prior. "the need to trade" mindset. Time is better spent how to identify this than sitting at a chart hoping for hours that something may appear. Self progression is more important than trying to be a "trader". Those who can trade would be able to identify the limited options here many hours before. This is called experience.. Cant be bought or sold, but can be discussed and explained why as it was in the community. Identify the correct areas to work on and you will see solid progress so much faster. Work along side the correct people, take notes and ask the right questions to be able to do so !!!
by Trade_With_Monty
1
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. @fxopen
Short
by syomking76418
1
GBPJPY STRONG BULLISH OPPORTUNITY 1. Range-Bound Market Assumption The analysis assumes that price is bouncing between a horizontal range (support and resistance). However, ranges don’t last forever—a breakout or breakdown is inevitable. Instead of expecting a structured bounce, a fake breakout or a liquidity grab could occur. 2. Support Zone Over-Reliance The expectation of multiple support bounces is risky because: The more times price tests support, the weaker it becomes. A stop hunt scenario could push price below support before reversing. If buyers don’t step in with strong momentum, a breakdown might be more likely than the predicted bullish move. 3. Resistance Breakout Bias The projection shows a clean breakout above resistance after consolidation. However, GBP/JPY is highly volatile, meaning: A fakeout above resistance could trap buyers before reversing. A rejection at resistance might cause a sharp drop instead of a rally. 4. Missing Volume & Trend Confirmation No volume analysis is provided—breakouts need high volume for confirmation. No higher time frame confirmation (1H, 4H) is shown, making it unclear whether the trend is truly bullish or just ranging. Alternative View Instead of assuming a smooth upward breakout, consider: Bearish Scenario: A false breakout above resistance followed by a strong reversal. Liquidity Grab: A dip below support before an actual reversal. Wait for confirmation: If price closes above resistance with volume, a buying opportunity is stronger
Long
by Fx_Oliviaa