GBPJPY Motive Wave to the DownsideThe ascending channel has been broken and we are in a motive wave to the downside.
In my primary count, we are currently in blue 4 correction, and further legs to the downside are expected for green III and V.
GBPJPY trade ideas
GBPJPY APRILIsland v Island, which will you choose?
We buying this son of a bullion. Ultra short on the YEN. Don't ask me why. Sell peaks, because you never go all in on an island.
POTENTIAL SHORT TRADE SET UP FOR GBPJPYAnalysis: Utilizing chart patterns, highs & lows, and impulses & corrections, the focus is on identifying a continuation corrective structure following a breakout.
Entry: The price has reached the upper boundary of a higher time frame (HTF) bearish continuation structure, approaching this zone with an ascending wedge on the mid time frame (MTF). On the lower time frame (LTF), a bearish impulse has developed, and we will be watching for a continuation pattern to pinpoint a potential entry point for the trade.
Expectation: A downward move is anticipated, targeting the lower boundary of the HTF bearish continuation structure.
⚠️ Reminder: Always conduct your own analysis and apply proper risk management, as forex trading involves no guarantees. This is a high-risk activity, and past performance is not indicative of future results. Trade responsibly!
Trading balanceThe price is currently in the resistance zone and has prospects of entering the balance zone. If the balance zone is overcome, the price is able to reach the target near the opposite resistance zone.
GBP/JPY🔹Symbol: GBP/JPY
🔹Price: 193.918
🔹Stop loss: 195.064
🔹Take profit 1: 192.772
🔹Take profit 2: 191.775
🔹Take profit 3: 190.550
🔹Take profit 4: 188.819
🔹Take profit 5: 187.970
Low risk: % 1.5 🟢
📊Check your chart before entering.
♦️Check before use to make sure there is no important news.
Gj outlook Gj never reached my zone and it sold 200 pips.
Won't trade it again till next week.
Will be watching it to see how the structure will form
ONENTRY
ONENTRY
GBP/JPY - ONENTRY ' 2Fib Strategy '
Timeframe: 30 Minutes
Session: London Pre-Market (00:00 - 06:30 +2GMT)
Step 1: Identify the Overnight Range
Mark the high and low of the price range between 00:00 - 06:30 (+2GMT).
Wait for a clear breakout with a candle closing above (for longs) or below (for shorts) this range.
Step 2: Apply Fibonacci Levels
After the breakout, use the Fibonacci retracement tool:
Anchor Point 1: Start at the close of the breakout candle.
Anchor Point 2: Drag to the start of the impulse move (first candle of the range).
Key level for entry: 0.5 and 0.35 retracement.
Step 3: Trade Execution
Entry: Enter on a pullback to 0.5 and 0.35 Fib level after the breakout.
Stop Loss :
Long trades: Below the low of the breakout candle’s body.
Short trades: Above the high of the breakout candle’s body.
Take Profit Targets:
TP1: 1.0 Fib (1:1 risk-reward).
TP2: 1.25 Fib extension.
TP3: 1.6 FIB extension
TP4: 2.3 Fib extension (runner position).
Step 4: Trade Management
Move SL to breakeven when price hits TP1.
GBPJPY BUYAfter todays (3rd April) Tariff decisions from Mr.T the world has gone into a melt down and clearly the whole world has taken a hit.
GBPJPY from a MACD and RSI perspective show signs of exhaustion to the downside with the only catalyst is for bear targeting the previous lows or the continued news scaremongering sellers. With is sitting just near the 0.68 fib and the other MACD and RSI, I can see a long swing target on this that will rally behind 200.
Time will tell on this but I will at least hold position to the 197 and look at locking down profits. Swap rates will help reduce risk off and keeping the SL out the way of turning point and allowing the trade to breath.
downtrendIt is expected that a trend change will form within the current support level and we will witness the beginning of the upward trend.
Otherwise, the continuation of the downward trend with the failure of the support level is likely.
GBPJPY SELL NOW!!!!!GBPJPY completed +60pips from my yesterdays calls today we have price formed a bearish rectangular with a breakouts already am in on sell from this point targeting high 186,500 is my goal target
JOIN AND ENJOY......
GBP/JPY Technical Analysis – April 4, 2025GBP/JPY Technical Analysis – April 4, 2025 📉
🔹 Current Price: 190.706
🔹 Timeframe: 15M
📌 Key Supply Zone (Resistance Level):
🔴 191.628 – 191.757 – Potential reversal zone
📌 Key Demand Zone (Support Level):
⚫ 189.115 – Target support zone
📉 Bearish Scenario:
A rejection from the 191.628 – 191.757 supply zone could push the price lower towards 189.115, aligning with the bearish outlook.
📈 Bullish Scenario:
If the price breaks above 191.757, we might see further upside momentum.
⚡ Trading Tip:
✅ Look for bearish confirmation around 191.628 – 191.757 before entering short positions.
✅ 189.115 is a key level to watch for potential take-profit or reversal opportunities.
✅ Always use risk management strategies to secure profits.
#FXFOREVER #GBPJPY #ForexTrading #SmartMoney #PriceAction #TechnicalAnalysis #Trading
Short Term Counter Trend: GBP/JPYThe market needs to pull back to Fibonacci zones. Look at the charts for details and let me know what you think.
Counter Trend Setup:
1. Identify Liquidity, 200 EMA, and Market Hours
2. Mitigate Order Block
3. Strong Break of the Trendline
4. Retest Break at new Order Block 5/15 min
5. Rejection/Reversal at Break Retest on 5/15 min timeframe.
6. Enter
GJ-Fri-4/04/25 Top down analysis-GJ breaking down!Analysis done directly on the chart
After clarity, price action is returning to move
normally and smoothly. It makes it easier
for breakout to happen in moment of certainty.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y
15m outlook 15 minutes also bearish.
If the 15 min high is broken we might see price trade higher to the 4h OBs.
Also keep in mind that all TFs are aligning so possibility for GJ selling at the 15min Supply is also high.
'Safe Haven' Strength going to continue? YES - SELL GBPJPYAll the information you need to find a high probability trade are in front of you on the charts so build your trading decisions on 'the facts' of the chart NOT what you think or what you want to happen or even what you heard will happen. If you have enough facts telling you to trade in a certain direction and therefore enough confluence to take a trade, then this is how you will gain consistency in you trading and build confidence. Check out my trade idea!!
www.tradingview.com
GBPJPYHello Traders! 👋
What are your thoughts on GBPJPY?
On the daily chart of GBPJPY, a Rising Wedge pattern has formed. After a bullish move, the price has entered a resistance zone.
If the wedge breaks down and price confirms below the 192.000 level, a short position could offer a favorable risk-to-reward setup.
Don’t forget to like and share your thoughts in the comments! ❤️
GBP/JPY "The Dragon" Forex Bank Bullish Heist Plan(Scalping/Day)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Thieves, 🤑 💰🐱👤✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/JPY "The Dragon" Forex Bank. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red MA Level. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise to Place buy limit orders within a 15 or 30 minute timeframe most nearest or swing, low or high level.
Stop Loss 🛑:
📌Thief SL placed at the nearest/swing low or high level Using the 4H timeframe (192.000) Day/scalping trade basis.
📌SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
🏴☠️Target 🎯: 198.000 (or) Escape Before the Target
🧲Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
GBP/JPY "The Dragon" Forex Bank Heist Plan (Day / Swing Trade) is currently experiencing a bullishness,., driven by several key factors.👇
📰🗞️Get & Read the Fundamental analysis, Macro Economics, COT Report, Quantitative Analysis, Intermarket Analysis, Sentimental Outlook, Positioning and future trend target...
Before start the heist plan read it...go ahead to check 👉👉👉🔗
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
💖Supporting our robbery plan 💥Hit the Boost Button💥 will enable us to effortlessly make and steal money 💰💵. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩
