JPYGBP trade ideas
Mister Y - GJ - Monday - 24/03/25 Top down analysisAnalysis done directly on the chart
As I said last Thu and Fri, market positioning is not
the best, thus makes it harder to spot high probability
winning trades and setups.
Inclining to take more short TPs and secure profits
not being greedy.
A lot of times, we are correct about our analysis BUT
what is missing is the timing. With time and experience
and the desire to improve everyday, you'll start to understand
better when price will likely to have higher chance
of happening a specific move.
Not financial advice, DYOR.
Mister Y
GBP/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
GBP/JPY pair is in the uptrend because previous weekโs candle is green, while the price is obviously rising on the 3H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 191.791 because the pair overbought due to its proximity to the upper BB band and a bearish correction is likely.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
โ
LIKE AND COMMENT MY IDEASโ
GBPJPYMy trade idea was simple:
If GBP/JPY breaks above a key level, I will look for a retest and enter a long position.
If it breaks below, I will wait for confirmation and enter a short position.
The key is to follow the market, not predict it. Always trade what you see, not what you think will happen. Let the price action guide your entries.
Bullish bounce?GBP/JPY is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 191.16
1st Support: 189.22
1st Resistance: 194.56
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Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
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GBPJPY: Potential Inverse Head and Shoulders PatternGBPJPY: Potential Inverse Head and Shoulders Pattern
GBPJPY is showing the possibility of forming a potential Inverse Head and Shoulders Pattern. The fundamental situation related to the Bank of Japan (BOJ) remains a bit confusing.
Government data released on Friday indicated that Japan's consumer prices are on track toward the BOJ's goal of achieving stable 2% inflation. However, this data wasn't strong enough to push the BOJ to rush into the next interest-rate hike, according to market analysts.
If GBPJPY continues its current bullish movement, a very strong resistance zone will be found near 191.90. A movement above this area will definitely confirm our pattern, and GBPJPY may continue to rise further to 194.30 and 197.80 in the coming days.
You may find more details in the chart!
Thank you and Good Luck!
โค๏ธPS: Please support with a like or comment if you find this analysis useful for your trading dayโค๏ธ
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
CHECK XAUUSD ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends ๐๐ผ
(GPBJPY) trading signals technical analysis satup๐๐ผ
I think now (GBPJPY) ready for( BUY )trade ( GBPJPY ) BUY zone
( TRADE SATUP) ๐๐ผ
ENTRY POINT (192.900) to (192.800) ๐
FIRST TP (193.100)๐
2ND TARGET (193.400) ๐
LAST TARGET (193.700) ๐
STOP LOOS (192.400)โ
Tachincal analysis satup
Fallow risk management
UPDATE ON GBP/JPY TRADEGBP/JPY 30M - Our pending order was just missed late last night, as you can see price didn't quite come down enough to trade into the 50% mark our Demand Zone.
Did any of you Asian Session traders manage to get in manually? I know those of you who are in the UK and Europe probably didn't hence the pending order.
The trade above ran for + 84 pips. (+5%) 5RR
The potential profits from this trade here could have been great for those of you who entered in manually, understandably those of you who typically trade the London and NY probably missed it just like I did.
Nevertheless I wanted to provide you all with the trading opportunity and update you all on how it performed over night, well done to any of you who got in manually based on the penetration and rejection.
CHECK GBPJPY ANALYSIS SIGNAL UPDATE > GO AND READ THE CAPTAINBaddy dears friends ๐๐ผ
(GPBJPY) trading signals technical analysis satup๐๐ผ
I think now (GBPJPY) ready for( SEEL )trade ( GBPJPY ) SEEL zone
( TRADE SATUP) ๐๐ผ
ENTRY POINT (193.350) to (192.250) ๐
FIRST TP (193.100)๐
2ND TARGET (192.800) ๐
LAST TARGET (192.500) ๐
STOP LOOS (193.700)โ
Tachincal analysis satup
Fallow risk management
GBPJPY Will Move Lower! Sell!
Take a look at our analysis for GBPJPY.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 193.249.
Taking into consideration the structure & trend analysis, I believe that the market will reach 191.112 level soon.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
GBPJPY at Key Resistance Level: Will it Drop To 192.000?OANDA:GBPJPY is currently trading at a key resistance zone, where sellers may regain control. This level has been a strong area of interest in the past, suggesting the potential for another bearish reaction if sellers step in.
If the price confirms rejection from this zone, a move lower toward 192.000 is likely. However, a strong breakout above could invalidate this setup, shifting momentum back to the bulls.
Traders should monitor for bearish confirmation signals, such as bearish engulfing candles, long upper wicks rejecting the resistance, or increased selling volume before considering short positions.
Let me know your thoughts or any additional insights you might have!
Mister Y - GJ - Friday - 21/03/25 Top down analysisAnalysis done directly on the chart.
We've been seeing volume all week, letting the market
to cool off won't harm anyone. Market doesn't move
in straight lines, it needs to create structure and liquidity
to move.
If you have any questions, leave it in the comment. I'll try
my best to respond.
Not financial advice, DYOR.
Market Flow Strategy
Mister Y