GBP/JPY long 15MPrice has recently created a HH and now it has reacted to Fid 0.618. At this level there is also a support zone indicated on the chart. A risky trade but SL is only 15 pips so I am going for it.
Entry- 190.35
Sl - 190.2
TP -191.5
GBPJPY trade ideas
GBPJPYGBP/JPY Trade Alert:
Current market observation on the 4-hour timeframe shows GBP/JPY experiencing a bearish trend continuation pattern. Potential sell zone activated.
Signal Details:
Entry: Sell around 190.800
Take Profit (TP): Open, targeting key support levels
Stop Loss (SL): 192.005
Note: Use secure trade rules—set break-even after 35+ pips profit for risk management. Monitor closely for volatility. Always trade responsibly!"
GBPJPY NEXT WEEKThe only thing we can be almost sure of for now ;
some zigzag, with a rising RSI and a growing divergence meaning the coming fall.
It could go a little higher before falling, but it is to fall at some point.
USD/JPY Short Scalp-USD/JPY has been pulling back for the past 12H, it is currently trading below a Trading Range and could evolve into a bear flag. Bulls do not show significant buying. FX:USDJPY
There is an extending triangle and an inside triangle forming, and could be sign of bears stepping in.
Target is 155.00, might not get it today but trade may evolve over next week depending on volatility.
Careful short, evolving
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.
GBP/JPY short term longNot looks like it has enough power to break current support at 189.8. There is FVG at 191 which might be targeted by big players before breaking current support.
Enter-189.9
SL-189.6
TP-191.0
! REALLY NOT SURE ABOUT THIS ONE ! GBPJPY FALLINGSince there are no indicators except for the RSI, it would seem logical with the current drawdown and divergence for the price to keep falling ;
however there's nothing sure about this, it is just an arrow showing the potential direction,
we'll update if we get more info
GBPJPY BAT PATTERNHarmonic Pattern Trading Strategy:
1. Combine patterns with 2-3 confirmations (e.g., MA, BB, RSI, Stoch) for increased accuracy.
2. Implement proper risk management.
3. Limit exposure to 3% of capital per trade.
4. Exercise caution: Not every Harmonic Pattern presents a good trading opportunity.
5. Conduct thorough diligence and analysis before trading.
Disciplined approach = Enhanced edge.
GbpJpyi think its going for sell because make double top and tested that point in 15m tf and make a red bearish candle..
Lets see
Gbpjpy Gann Analysis
The chart provides an excellent application of the **Gann Square of 9**, highlighting critical price and time relationships. Let’s break down the analysis and key observations based on the setup.
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#### **Key Observations from the Chart**
1. **Central Pivot (198.942)**:
- The pivot level at 198.942 acts as the starting reference point for price projections.
- The Gann Square radiates angles (45°, 90°, 135°, etc.) to identify future support and resistance levels.
2. **Significant Angles**:
- **45° (196.718)**: This was tested as a key resistance before the market shifted downward.
- **90° (194.506)**: The price broke below this level, confirming it as a resistance.
- **180° (190.121)**: Currently acting as support, the price is consolidating near this level.
3. **Downtrend Guidance**:
- The price appears to respect the geometric lines, moving along the 45° and 90° downward angles, suggesting a structured downtrend.
- Future price action will likely test the lower levels at 225° (187.947) and 270° (185.786).
4. **Time Cycles**:
- Vertical lines in the chart indicate Gann time cycles, potentially predicting reversals or continuation.
- The key date to watch seems to be **around January 20th** for a possible shift in momentum.
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#### **Potential Scenarios**
1. **Bearish Continuation**:
- If the price breaks below the **180° support (190.121)**, it is likely to test the **225° (187.947)** and even the **270° (185.786)** levels.
- This would confirm the ongoing downtrend.
2. **Bullish Reversal**:
- A strong bounce from the **180° level** could see the price attempting to reclaim **194.506 (90°)**, followed by the **196.718 (45°)** resistance zone.
3. **Time Factor**:
- Watch the upcoming vertical time markers for confirmation of turning points, especially near key angles.
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#### **Conclusion**
The Gann Square of 9 provides a structured framework for understanding price action in GBP/JPY. With the **198.942 pivot** as the starting point, the tool successfully highlights key price levels and time cycles. For traders, the next steps should focus on:
- Monitoring the **180° level (190.121)** for either a breakout or a bounce.
- Keeping an eye on time markers for potential shifts in momentum.
As always, combine the Gann tool with other indicators like trendlines or Fibonacci retracements to increase reliability.
---
Extra : Gann Grid my way:
**Disclaimer**: This analysis is for informational purposes only and not financial advice. Always perform your own research before trading.
Feel free to Comment and share
Wish you good luck! 🚀
target hitTrade Alert
GBP/JPY Sell Alert
1. _Entry:_ 92.900
2. _Target:_ 92.000
3. _Stop Loss:_ 93.500
Trade Details
- _Risk:_ 0.600 (93.500 - 92.900)
- _Reward:_ 0.900 (92.900 - 92.000)
Monitor the trade closely and adjust as needed.
GBPJPY LONGS📈 Chart Link:
🧠 PAIR : GBPJPY
👨🏽🏫 Breakdown:
Current Price Action: WE CAN SEE GOLD HAS HIT A SUPPORT LEVEL AND HEADED BACK TO THE UPSIDE AND WHEN ZOOMED OUT WE CAN SEE IT IS IN A ACCUMULATION PHASE IF WE LOOK CLOSELY AT THIS CHART HERE ( ) BUT WITHIN THIS ACCUMULATION IT SEEMS WE ARE AT THE SUPPORT OF IT SO THERE IS A CHANCE TO RIDE THIS PAIR ABOUT 200-300 PIPS TO THE UPSIDE.
Key Support & Resistance Levels:
Support: 190.467
Resistance: 207.777
Entry Strategy: I AM LOOKING TO ENTER AROUND 192.250- 200 BASED ON THE London Open
Exit Strategy:IPersonally see price riding to 197 area . For This Trade Exit point is 194.500 with possibilities to close before then
Potential Risk & Reward:
Risk (pips/points): 33 pips risk
Reward (pips/points): 245 pips reward
Risk-to-Reward Ratio: 7:1
Market Conditions to Monitor: N/A
GBPJPY- reversal trend continuationIn GBPJPY, trend continuation formation after the reversal. Expect the breakout after buyers are getting stronger.
GBPJPY LONGThe GBP/JPY has rebounded strongly from the daily order block and respected daily market structure. However, we must wait for a clear shift in market structure on the 2-hour or 1-hour timeframe to confirm a transition out of the current bearish structure.
On the 4-hour timeframe, the trend remains bearish, with lower lows (LL) still present. The development of a higher low (HL) after a lower high (LH), combined with rejections at liquidity zones, will indicate that the pair is preparing for a significant upward move. Additionally, the breakout from the falling wedge pattern that formed during the downtrend further reinforces that the 189 region marked the bottom.
With today’s inflation data, the market appears to be shifting back into a risk-on sentiment, which favors the GBP. To capitalize on this, we will closely monitor for the emergence of bullish momentum in the market. Once confirmed, we will look to enter long positions, targeting key levels.
Stay tuned for updates and follow us for precise entry points in this market.
GBPJPY SELL UPDATE!!!!!1:1 profit has been achieved
Now let's aim for 1:2
Secure half of the profits and let the rest run to full TP
GBPJPY SELL!!!!!GJ sentimental is bearish today, and early morning it took out the London session low. Now, let take a short position
We first aim for 1:1 the 1:2 after securing some profits
The waiting game with GBPJPYGJ consolidating before movement is happening. As traders it is important to know when to stay back and watch!
GBP/JPY 4H Chart Analysis:1. Key Level at 0.78 Fibonacci Retracement
The blue marker at the bottom (190.650) represents a significant level where the market may find strong support. This level corresponds to the 0.78 Fibonacci retracement, which is often considered a potential reversal point during a downtrend.
2. Comparison of Moving Averages (MAs):
The red moving average is currently below the yellow moving average, indicating that the market is in a downtrend. However, if the price reaches the support level (0.78 retracement), we may expect a reversal or upward movement.
3. Future Market Outlook:
If GBP/JPY successfully bounces back from the 190.650 level, it is expected to move higher, potentially breaking through the 192.467 level. The green arrow drawn on the chart highlights the expectation of an upward trend.
4. Possible Scenarios:
Scenario 1: If GBP/JPY reverses from 190.650 (0.78 Fibonacci level), it could climb higher toward levels like 195.000 or beyond.
Scenario 2: If the market breaks below the 190.650 support, further downward movement could follow, indicating a continuation of the bearish trend.
5.My Recommendations:
When using Fibonacci retracement, wait for the market to show clear signs of recovery at the 0.78 level before making any trading decisions.
It’s crucial to monitor momentum indicators to confirm the trend reversal before entering the trade.
GBP/JPY 4H: Reversal Signals and Trading StrategiesOANDA:GBPJPY GBP/JPY 4H: Reversal Signals and Trading Strategies
The chart shows the GBP/JPY currency pair on a 4-hour timeframe. The chart is filled with various technical indicators and annotations, including trend lines, Fibonacci retracement levels, volume profile, and momentum indicators. The price action is marked with terms like BOS (Break of Structure), ChoCH (Change of Character), and other annotations indicating significant price movements and potential reversal points. The chart also includes a Relative Strength Index (RSI) at the bottom and a volume histogram.
Analysis:
Price Action and Trend Lines:
The price has been moving within a descending channel, indicated by the blue parallel lines.
There are multiple BOS and ChoCH annotations, suggesting significant shifts in market structure.
The recent price action shows a potential reversal from the lower boundary of the descending channel.
Fibonacci Retracement:
Key Fibonacci levels are marked, with the 0.618 level at 192.753 and the 0.382 level at 191.875.
The price is currently testing the 0.618 Fibonacci retracement level, which is a critical resistance point.
Volume Profile:
The volume profile on the right side shows high trading activity around the 194.197 level, indicating strong resistance.
Lower volume nodes around 192.247 suggest potential support.
Momentum Indicators:
The RSI is currently around the 30.31 level, indicating oversold conditions and a potential for a bullish reversal.
The volume histogram shows decreasing bearish momentum, supporting the potential for a reversal.
Buy Strategy:
Entry: 192.247 (current price level)
Take Profit 1 (TP1): 194.197 (previous high and volume resistance) - approximately 195 pips
Take Profit 2 (TP2): 196.000 (next significant resistance level) - approximately 375 pips
Stop Loss (SL): 190.080 (below recent low and support level) - approximately 217 pips
Sell Strategy:
Entry: 194.197 (if price fails to break above this resistance)
Take Profit 1 (TP1): 192.247 (current support level) - approximately 195 pips
Take Profit 2 (TP2): 190.080 (next significant support level) - approximately 411 pips
Stop Loss (SL): 196.000 (above recent high and resistance level) - approximately 180 pips
GBPJPYThe GBPJPY pair is expected to continue its decline today with intraday bias remaining on the downside. The price is rebounding from the lower trendline at 190.196, suggesting upward pressure toward the channel's upper boundary, but the risk remains on the downside as long as the price action does not break the supply roof, on a swing up side if the supply roof is broken then GBP could see a significant rise.
