GBPJPY trade ideas
GBP/JPY $$$
After absorbing the liquidity of the Asian floor and the one-hour Equity, I have two scenarios in mind
1: After the market breaks the 15-minute ceiling specified in the order block area, we can wait for a buy transaction to target the 1-hour downward zone
2: After breaking the 15-minute floor in the order block area, we wait for a sell transaction
(The second scenario is more likely) GJ is in a downward trend
GBPJPY 15M Analysis for 30/01/2025📉 GBPJPY 15M Analysis 📊
🔴 Price Retesting Supply Zone (192.094 - 192.279)
👀 Waiting for Confirmation for a potential short entry 🎯
📍 Targeting Support at 191.050 🚀
⚡ Stay sharp & trade smart! ⚡
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 My Opinion! BUY!
My dear friends,
My technical analysis for GBPJPY is below:
The market is trading on 191.76 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 193.12
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
This is a chart of GBPJPY (British Pound to Japanese Yen) what I’m seeing here is a clear bullish breakout setup. Let me explain what’s happening:
Wave Patterns:
As you can see, the price initially dropped significantly from a higher level, but it’s now showing signs of recovery. This movement has formed a triangular consolidation pattern, which is highlighted by the yellow trendlines.
Trendlines (Yellow Lines):
These yellow lines show the market was in a downward trend earlier, but now the price is trying to break above the upper trendline. If it succeeds, that would confirm a bullish breakout, meaning the market is likely to continue rising.
Bullish Momentum:
Right now, the price is building strength, and buyers are starting to take control of the market. If the breakout happens, we could see a strong bullish move to higher levels.
Levels to Watch:
If GBPJPY breaks above the upper yellow line, I expect the price to climb towards 192.500 and possibly even reach 195.000 or beyond.
However, if the price fails to break out and reverses, it might retest the lower yellow line of the triangle.
Pattern Name:
What we’re seeing here is called a Bullish Breakout Triangle, a strong signal that the price is preparing for a move upward after a period of consolidation.
In conclusion, this chart shows that GBPJPY is currently in a bullish structure, and if the breakout happens, it’s likely to head much higher in the coming sessions
GBPJPY - Weekly forecast, Technical Analysis & Trading IdeasMidterm forecast:
While the price is below the resistance 199.790, resumption of downtrend is expected.
We make sure when the support at 182.782 breaks.
If the resistance at 199.790 is broken, the short-term forecast -resumption of downtrend- will be invalid.
Technical analysis:
The descending flag taking shape suggests we will soon see another leg lower.
A peak is formed in daily chart at 198.945 on 12/30/2024, so more losses to support(s) 191.884, 189.477, 186.231 and minimum to Major Support (182.782) is expected.
Take Profits:
196.006
193.510
191.884
189.477
186.231
182.782
178.409
Total Profit: 3204 pip
Closed trade(s): 1584 pip Profit
Open trade(s): 1620 pip Profit
Trade Setup:
We opened 8 SELL trades @ 196.68 based on 'Peak' entry method at 2024-12-30, signaled by DTO.
Closed Profit:
TP1 @ 196.006 touched at 2024-12-31 with 67 pip Profit.
TP2 @ 193.510 touched at 2025-01-09 with 317 pip Profit.
TP3 @ 191.884 touched at 2025-01-13 with 480 pip Profit.
TP4 @ 189.477 touched at 2025-01-17 with 720 pip Profit.
67 + 317 + 480 + 720 = 1584 pip
Open Profit:
Profit for one SELL trade is 196.68(open price) - 192.632(current price) = 405 pip
4 trade(s) still open, therefore total profit for open trade(s) is 405 x 4 = 1620 pip
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GBP/JPY Triangle Breakout (29.1.2025)The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 191.77
2nd Support – 191.00
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GBP/JPY Made H&S Pattern , And It`s Confirmed , Let`s Sell It We have a very clear head and shoulders pattern here and also the price closed below neckline , so we can wait the price to go back to retest neckline and give us a bearish price action and then we can enter a sell trade .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
GBPJPYGBPJPY ( British Pound / Japanese Yen )
Completed " 12345 " Impulsive Waves
Break of Structure
Symmetrical Triangle as an corrective pattern in Short Time Frame
Fibonacci Level - 61.80%
Change of Characteristics
GBPJPY a buy looky at that golden crossover Yes folks, it’s the one our chart and Elliott wave shows it being away five going up however, I could also make an ABC down to 172, but with this pair you can put a bionic with a small stop in reverse and it works well with this parent when it’s volatile
GBPJPY - Bearish triangle ? Hello everyone! 👋
On the long-term chart of the GBP/JPY pair, a bearish triangle 📉 is likely forming, which takes the place of wave (B) of a simple zigzag. If this assumption is correct, we can expect a medium-term strengthening of the yen 💴 against the British pound 💷, down to the support level of 179 and further into the 170 area. The invalidation level for this wave count is at 198.86.
At the moment, wave E of the triangle may not be complete yet. A breakdown below 189.13 will confirm the final formation of the triangle. ✅
GBPJPY Awaiting Breakout for Potential DropGBPJPY is currently trading at 192.150, with a target price set at 186.000. The trade setup anticipates a potential gain of over 600 pips if the price reaches the target. A symmetrical triangle pattern has formed, indicating market consolidation and indecision. Traders are closely watching for a breakout, which will determine the next major price move. If the breakout happens to the downside, strong bearish momentum is expected. The target of 186.000 is likely based on technical projections from the pattern's measured move. Confirmation of the breakout is crucial before entering the trade to avoid false signals. Risk management, including a stop-loss, is essential to protect against unexpected reversals. Economic events and central bank policies could influence GBPJPY’s movement. Monitoring volume and price action near breakout levels will help assess the trade’s strength.
GbpJpyhere we can see clearly bearish model (sell) for this pair, after a big sell the price make the waves for retracement and after that broken the trendline, now its going to retest it and going down for a sell till to support 192.200
GBPJPY - LongTook out the low of monday and now showing a 30min bullish engulfing. Got a limit set with TP toward the previous high of last week.
10# Swing Trade Idea2025Break and retest of area of interest is now showing some rejection, if it plays out as anticipated we will be looking at opening a short position.
GBPJPY?
This week.
Clear H&S breakout.
Daily support.. near/break
X is SL
Lets go check fundamental... do your own research.. why yen is strong.. this week/this quarter.
If this H&S aligns with all fundamentals.. will be targeting between 4.0000 to 8.0000 (days-week targets)
All the best
longOverall, it is bullish and is undergoing a correction. During this period, it has also formed a triangle pattern, so I expect it to break out to the upside.
GBPJPY 30min TF Price action analysisHello Traders, as explained on the chart, this is a prime setup for me with a clean range to the left, 45-50 pip tradable range and a break and close below a key level with bearish volume accumulating. Great R:R opportunity!
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.
Liquidity Taken On GBPJPY 1hr Price ActionFrom the last post made.... price has gotten to POI... you can start to screen your entry within this zone.
GBPJPY Finally turning around?Hello Traders!
Is GJ finally turning around? On the 4HR I see a CHOCH pattern that was created around Jan. 21st, and it broke out of its consolidation area around 193.000. Right now, I'm waiting on the long to see if it can retest the 193.000 area with bullish continuation. If price can do that, then I'd be interested in a long to tap 198.000 again. So far it's looking good, however, wait for that retest to get the best possible entry. Alerts set around 193.500 🫡
Potential 1:3 Risk to Reward
*DISCLAIMER: I am not a financial advisor. The ideas and trades I take on my page are for educational and entertainment purposes only. I'm just showing you guys how I trade. Remember, trading of any kind involves risk. Your investments are solely your responsibility and not mine.*
