GJ break out of a bearish flag, expecting price to continue rallying up to the upper part of the ascending channel on the higher TF before anticipating a reversal. PS: I use very risky SL, it should've been below the previous low.
if the price holds POC. omega entry on GJ will be good to take. since L50 seems to be swapping to sell zone. Grade B risk here.
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looking first bearish trend for short term then buy after compalte 4th wave
HTF is typically bullish as seen on H4 and weekly TF, now on the H4 & 15m price has BOS the has a deep pullback, when we go lower to 15m we see a Order Block ( Demand Zone ) where i expect asian low liquidity to be sweep towards the OB the price rally up quick.
Hello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
This situation in the GBPJPY market appears to be a clear illustration of a stop hunt and market imbalance: 1. The market is currently in a period of consolidation, trading within a horizontal range on a daily basis. 2. Earlier today, there was an attempt to break below the support level, and the market even traded below that level for a while. 3. However, what...
According to the Nikkei Shimbun, which correctly warned just before the Bank of Japan's last YCC adjustment, after several YCC adjustments, the Bank of Japan realized that it was once again in a trap, and the Japanese government "may take 10 years" It seems that further adjustment is required. It's now possible. ``Bond yields are expected to exceed 1%'' at...
Hello Traders In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET today GBPJPY analysis 👆 🟢This Chart includes_ (GBPJPY market update) 🟢What is The Next Opportunity on GBPJPY Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To...
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.
Dear traders, in my previous GBP/JPY trade idea, I recommended you to sell GJ@183.70. Shortly after, GJ continued to fall and went as low as 181.10. So, if you followed my idea, you could have made 260 Pips! (Link to the previous idea has been pasted here below ) Now, as per the current scenario, GBP/JPY is very close to the 100-day exponential moving average...
GBPJPY can TP or SL. After retest MA, I think its will continue wallter fall
The next resistance level to overcome will be the final highest level of 183.82 before buyers can potentially challenge the highest level in several years set in August, above 186.00. The support price is currently valued at a very low level after a sudden decline in early October to 178.00, and the long-term prospects indicate that GBP/JPY remains firmly...
In the coming time, pressure on long-term bond yields will increase as the US Government has to step up borrowing to cover the budget deficit as well as pay off old debt due. In fiscal year 2023 (from October 2022 to September 2023), the US government overspends by 1,690 billion USD, an increase of 23% (equivalent to 314 billion USD) compared to the previous...
The GBP/JPY chalked in another red bar to settle Friday, bringing the pair back into range of the week's lows set on Monday near 181.25, and the closing bell finds the Guppy trading into 181.60. The pair spent the first half of the trading week on the climb, tapping into four-week highs at 183.82 before market turned broadly risk-off and sent the Pound Sterling...
Hello, according to the analysis of the GBPJPY pair, there is a good opportunity to buy. With the break of the downward channel as shown in the analysis, we also notice that the price returned to the downward channel to be retested successfully. All these factors confirm that the market is for purchase. good luck for everbody
The USD/JPY currency pair hit its highest weekly closing price in more than 20 years. However, he was unable to close his trade above the big round . This number is clearly a major stumbling block and is being defended, as seen by the decline in volatility as price approaches this number. This may be an important point. A breakout to the upside is more likely...