Hello traders, in my yesterday's post, I advised you to buy GBP/JPY@190.60 after price breaks out of the trendline resistance and 100hour mav resistance. As you can see, the buy trade@190.60 from yesterday is in 130+ Pips profit . For those who followed the idea, I recommend you to take partial profit. Those who didn't buy, I recommend you to wait for a...
05.04.2024 The weekly timeframe doesn't appear strong, but I follow the overall trend. Trading with the higher timeframe trend alone can increase your win rate. On the daily timeframe, we observed daily liq. low and a rejection of the daily vwap with strong momentum. Therefore, I believe the uptrend will continue, as there are no signs of bearish pressure....
Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: As we can see from PS below price respected my previous analysis and rejected from that zone after filling the imbalance. For those who missed the entry, can wait for a retracement price to fill the imbalance and then to reject from institutional big figure 191.000. Like, comment and...
Cheeky 1:3.5 RR trade Based on Daily charts Confirmations 1. Strong previous daily (Bullish) 2. Daily closed in new range 3. Daily opened up with no top wick Issues 1. Previous daily closed with a barely any top wick Entry level and partial levels based off 1 hour charts
The GBP/JPY pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a well-defined bullish channel pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken resistance...
Welcome back! Let me know your thoughts in the comments! ** GBPJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
GBPJPY is currently following a bullish market structure and is now retracing to the downside, targeting the point of interest (POI). There are some imbalances at the bottom of the recent trading that the price needs to mitigate. Expect a bullish continuation when the price touches the POI. The target of the bullish movement will be the recent swing high.
Hey Traders, Check out this technical analysis on GBPJPY; it appears to be undergoing a small pullback, potentially indicating a bullish momentum continuation. However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry. Alternatively, there may be an opportunity for a sell trade if the market breaches the...
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HELLO LOOTERS, This is our master plan to Heist Bullish side of GBP/jpy Market. Guys U can enter at any points, Our target is 1 and 2 Red Zone. Day Robbers loot and escape end of the day in this market, Swing Robbers can stay with us We can escape near the Highly Danger Target 2 area.
Gj had been consolidating a while and now broke above zone (190.900) and closed on the 1H. This happened at 10..00 am UK time. Upon seeing this I waited for retracement to zone, where I entered 190.900 with sl@190.57(risking 33 pips). TP1: 191.500 TP2: 191.800 * Where has the market moved since I entered my trade? Slight Profit * If I looked...
GBP/JPY Technical Analysis Timeframe: H4 Fibo 78.60% retracement done with candle confirmation. Expecting upside moves.
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GBP JPY TRADE SET UP. GBP JPY has broken out of a bullish rectangle pattern. waiting for a retest to enter for long position
Hello traders! ‼️ This is my perspective on GBPJPY. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fill the imbalance lower and then to reject from trendline + institutional big figure 190.000. Like, comment and subscribe to be in touch...
I am longing GBPJPY specifically because the currency Strength chart I found on TradingView says that GBP is currently the strongest currency on the Daily Time Frame. I am expecting JPY to continue its decline despite Intervention by the BOJ, as past data has shown that it has been not effective at containing the weakening of YEN. I might change my order to...
Bank of England release today. No change is forecast, but technically, I would expect liquidity grabs back down to monthly fibonacci support #1 before or during the news release. This trend is still strong going up. I anticipate this pair breaking June 2015 high.
OANDA:GBPJPY yesterday's idea did the exact same thing as had expected right now the pair is up 200+ PIPS, we are anticipating a small correction in the price, where we think price will bounce back strongly. Wait for price to approach our level and then enter a buy entry accordingly. Remember to use proper risk management and take this idea as bias only. If you...