GBPJPY trade ideas
Potential Trade ideasPotential Trade Ideas:
1. Retest & Sell Setup:
• If price pulls back to 190.000 and rejects, this could be a strong sell entry targeting 188.800 or lower.
2. Breakout & Continuation:
• If price breaks and closes below 188.800, expect further downside, with targets at 188.000 and potentially 183.750.
3. Bullish Scenario (Low Probability for Now):
• If price closes above 190.000, consider bullish setups back to 191.500 or trendline resistance.
Overall Movement for GBPJPY: Swing Trade<Oct '11, We can acknowledge that there is a newly formed series of HIGHER HIGHS and HIGHER LOWS, This expounds to us that the market is presently bullish, this is very essential, especially to PURE PRICE ACTION-TRADERS. Concurrently, the bullish trend has mitigated our long awaited SUPPLY ZONE, which I highlighted with my RED MARKER, and as I scaled down into the current DAILY market, I noticed that the market had changed STRUCTURE(CHoCH), this validates our SUPPLY ZONE, that it is Authentic. The MARKET, as anticipated, is going to rally down, fill up the FVGs, and Mitigated the unmitigated DEMAND ZONE(Institutional funded area), marked with a blue highlighter, that created the current Higher High(of the internal bullish trend).
GBP/JPY Long on 1HPrice respects rising support and is bullish on al time frames above 15 min. I a looking for trend continuation
Entry 189,9
SL 189,2
TP1 191.2
TP2 192.3
USDJPY and GBPJPY AnalysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY=BUYWe have a regular flat in the making in a higher degree as well as a running flat in the smaller degree, both in H4 timeframe. The price is reacting nicely from the highlighted OB. Either the price will completely take a turn to the upside or make a reversal once the pattern is completed.
Lets see how it goes.
Fundamental Leading CycleFundamental bias leading market not technical.
Where is best market condition to trade
GBPJPY scenario 10/03/2025English : According to our analysis, we anticipate a BEARISH scenario.
Morocan Darija : kanchofo d'apres l'analyse dyalna GBPJPY antsanaw lhboot
ATENTION : I only share my ideas, not signals.
ALTHOUGH THE OVERAL TREND OF GBPJPY IS BULISH, BUT IM SEEING SELI tried breaking down these FX:GBPJPY sell signals. pls take a look at the content of the post for better understanding.
CHECK GBPJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends 👋🏼
(GPBJPY) trading signals technical analysis satup👇🏼
I think now (GBPJPY) ready for( SEEL )trade ( GBPJPY ) SEEL zone
( TRADE SATUP) 👇🏼
ENTRY POINT (190.900) to (190.800) 📊
FIRST TP (190.600)📊
2ND TARGET (190.300) 📊
LAST TARGET (190.000) 📊
STOP LOOS (191.300)❌
Tachincal analysis satup
Fallow risk management
Triangle patternThe price has made a triangle pattern on the daily chart followed by a pullback and now the price looks to make a higher high.
the price on the 1 hour timeframe has also made a triangle pattern followed by a breakout and pullback, now the price looks to make a bullish impulse.
possibility of correctionAs long as the price does not stabilize above the green resistance level, the downward trend will continue according to the specified paths.
GbpjpyEntry in long with confirmation envelope in 30m the recoil we were waiting for to be able to enter
GBPJPY SELL PROJECTION As we can see , is all about same thing. Trendline breakout+ pullback+ liquidity sweep+ execution.
Once price takes out that high and pullback to the sell zone, we go short
GBP/JPY Breakout Imminent? Upward Momentum in Focus!After a prolonged period of consolidation, GBP/JPY looks primed for an upward move following last week’s daily trendline break. Momentum could drive prices higher early in the week, or we may see a retest of the trendline before pushing toward the range high. Will the breakout hold? Stay tuned for key levels and potential trade setups!
GBP/JPY March 8 2025Looks like the market may start off bearish but then turn around and become bullish. It is at the bottom of a daily wedge showing a good sign of pushing up to the Top of the wedge.
Long opportunityLooking for a short term move down into structure. its a untested area with a nice Risk to reward for a long position
SHORT GBPJPY GBPJPY Technical Analysis
February 7, 2025
Short Setup Analysis
Yen Strength
Daily: Major support break
4H: Price retesting EMA 21
Higher timeframe trend: Bearish
Technical Structure
Break of major support level on daily trend line
Retest of EMA 21 on 4-hour chart
Bearish momentum confirmed
Multiple timeframe alignment
show of strength in other yen pairs
Trade Setup
Entry: Short at EMA 21 retest (4H)
Stop Loss: Above recent swing high
Target: August 2024 support level
Entry Confirmation: Rejection at EMA 21 on 4h
BP/JPY Supply Zone & Short Opportunity📉 GBP/JPY Supply Zone & Short Opportunity 🚀
🔹 Timeframe: 2H
🔹 Key Resistance Zone: 192.15 - 192.56
🔹 Bias: Bearish 📉
🔹 Trade Idea: Looking for a rejection from the highlighted supply zone to go short. Price may retest the 192.5 area before a potential drop.
🔻 Targets:
1️⃣ First downside target: 190.50
2️⃣ Second downside target: 188.80 - 187.70
If price breaks and holds above 192.56, the bearish setup may be invalidated. Watching for confirmation before entry. 📊
Comprehensive Market Analysis Checklist!This checklist is designed to help you perform a thorough analysis of the market to make informed trading decisions. It encompasses a range of technical and fundamental questions that should be considered before entering a trade.
Market Overview and Direction
1. What is the overall direction of the market?
2. What are the directions of various market sectors?
3. What are the weekly and monthly charts showing?
4. Are the major, intermediate, and minor trends moving up, down, or sideways?
5. Where are the important support and resistance levels?
6. Where are the important trendlines or channels?
7. Is volume and open interest confirming the price action?
Technical Pattern Recognition
8. Where are the 33%, 50%, and 66% retracements?
9. Are there any price gaps, and what type are they?
10. Are there any major reversal patterns visible?
11. Are there any continuation patterns visible?
12. What are the price objectives from those patterns?
13. Which direction are the moving averages pointing?
Oscillators and Indicators
14. Are the oscillators overbought or oversold?
15. Are there any divergences apparent on the oscillators?
16. Are contrary opinion numbers showing any extremes?
Advanced Technical Analysis
17. What is the Elliott Wave pattern showing?
18. Are there any obvious 3 or 5 wave patterns?
19. What about Fibonacci retracements or projections?
20. Are there any cycle tops or bottoms due?
21. Is the market showing right or left translation?
Trend Analysis Tools
22. Which way is the computer trend moving: up, down, or sideways?
23. What are the point and figure charts or candlestick patterns showing?
Trade Setup and Risk Management
Once you’ve arrived at a bullish or bearish conclusion, ask yourself the following questions:
1. What is the market’s likely trend over the next several months?
2. Am I going to buy or sell this market?
3. How many units will I trade?
4. How much am I prepared to risk if I’m wrong?
5. What is my profit objective?
6. Where will I enter the market?
7. What type of order will I use?
8. Where will I place my protective stop?
This comprehensive analysis will help you assess the market conditions from all angles and develop a well-thought-out strategy before making any trading decisions.
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Reference:
Murphy, John J. Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications (New York Institute of Finance), p. 455.
ELLIOTT WAVE IN MOTIONThis chart shows classic Flat correction that is in its final stages which would be labelled as Wave 5(Red) hence Wave C(Green) and therefore Wave B(Blue). When B is complete, it would mark the end of the correction and a move up at least 100% of Blue Wave A would begin. This would be Blue Wave C. The Market obeys Elliott Wave Principles in phenomenal ways. Ways that are Logical, Scientific and Mathematical, all encompassed on this beautiful principle. This is more than just a Theory. Its the Foundation of the Market and hence Trading.
