Price perfectly follows the parallel channel. Now price moving near the resistance level. If the price respects this area and closes below this level then short selling is favorable after being confirmed by the bearish price action structure.
Hello, according to my analysis of the gbpjpy pair. The pair is in a positive state. We notice that the market rebounded from the 179.900 area, which is considered strong support. We also notice the formation of a strong candle with a tail indicating the strength of buyers. The price also respects the descending channel as shown in the analysis. good luck for everbody
GJ: price swept out the high giving up a break of market structure. Sellers are now in control.
FX:GBPJPY Hello Traders! As you can see on the 4H timeframe, the last candle closed below the previous low of 166.216. If will be respected we will expect a short opportunity down to the next support 165.050. If broken will be more to the downside to 164.450. Like the idea if you agree and comment with your opinion!
GBPJPY - Intraday - We look to Sell at 167.75 (stop at 168.85) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Preferred trade is to sell into...
Hello 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.
Hi Trader's Good Morning ,, And Hope To Be This Day IS Profit Day For All Of You !! Let's Explain Together The " GBPJPY " Next Move !! We Waiting For Break Out The Area In Chart ,, And Test It To Long To Target Suggest Break Out Point 163.950 Target 166.400 Please If You Like My Chart Make Like And Comment
Hello, i was so happy with GJ last week, my analysis played out on the weekly just like I had predicted. Praise Jesus! So for this week, I want to see price open up with a small bullish momentum, move up to 158.587 price range after hitting -27.86% fib level. If you entered this position for a minor structure buy last week, this will be your TP2, there after drop...
📉 Expecting bearish price action on this pair on a intra-day premise. price takes out asian high and previous daily high to make a reversal. We are in a HTF orderblock bearish h4 What do you think ? Comment below..
I think we will start to see some messy structure at these levels for the pound yen. This may be a wave 4 correction that can be deeper and last longer than the previous consolidation range. BULL CASE Some consolidation is expected to happen and this could push price up to around 153. BEAR CASE Price could dump farther down to 150 without much of a consolidation.
hello mate GBPJYP is a clear uptrend and gbpjyp is follow the perfect pattern. Good Luck
The GBPJPY has had a strong run, rejecting both the weekly resistance levels of 152.864 and 152.553. GBPJPY, on the other hand, is trading sideways on a weekly basis. With two daily rejections so far, 151.455 appears to be a significant resistance level, and a breakthrough level of 150.567 is confirmation to sell at 151.455. or I take a chance on a 151.455...
GBPJPY - Intraday - We look to Sell a break of 149.28 (stop at 149.56) A break of yesterdays low would confirm bearish momentum. Daily signals are bearish. The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. Daily pivot is at 148.46. We look for losses to be extended today. Our profit...
Going Shorts on GJ after a huge momentum to the upside the price respected the ressistance that has been respected 3 times in the past.. also we can see a the movement of this pair withing a chanel which also respected (trendlines).
Short limits set to catch a potential top. Higher risk entry CHECK OUT 2021 SIGNAL TRADE JOURNAL FOR INVEST BEYOND. docs.google.com