GBP-JPY was trading in an uptrend But then the pair broke the rising support lineand the horizontal resistance at 161.350 And as it now retesting the broken trend-line I am expecting a bearish move down To retest the support below AT 156.100
Hey, finally we can see bearish momentum and price did exactly what I wanted to see yesterday and now the bulls have taken over. Am expecting price to move down. And you can place your sell positions but use proper risk management and trade what you see not what you think. There is divergence I marked it with a red circle and basing solely on market structure. ...
You may have to play the -60 at green TP1 beware! The 1on1 video is currently out, if you would like it in order to understand how to play my analysis FULLY, please let me know privately. All likes/comments and feedback are very much appreciated! How to play my chart: Buy at support, sell at resistance. When you open this chart you'll see a green entry and a...
GBP-JPY broke out of the falling channel And because the pair is oversold I bullish move up is to be expected With the target of retesting the supply level above (156.6)
The pair has been trading within a Channel Up since early 2021. However as earlier in the pattern, it has been inside a corrective channel since the February 10 High. The recent geopolitical developments though in Ukraine have caused a massive rally in the past week and is close to breaking to the upside. If it does, we expect a new Higher High at 159.000. If it...
The price moved exactly 400pips in our direction since my last publication (see link below for reference purposes) to set the tone for bearish momentum. In the last week, and with the appearance of a double top pattern; the Pound appears to have found the crucial resistance at JY158 to incite a second downward spiral. The JY158 area already stopped buyers in...
#GBPJPY Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! ThankYou.!
#GBPJPY Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! ThankYou.!
#GBPJPY Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! ThankYou.!
The British pound cratered against the Japanese yen to reach down towards the ¥154 level at the end of the week. That being said, the market is more than likely going to continue to show signs of negativity, as we have closed towards the bottom of the range, and we have seen a lot of negativity in other markets as well. Keep in mind that the pair is highly...
#GBPJPY Hello trader, I hope are good and safe. Today I opened the chart of #GBPJPY for 15 MIN and analyzed it then I see that this chart has made a DESCENDING TRIANGLE PATTERN, So I hope #GBPJPY will go downside, Now Nice opportunity for short. If you have any query then leave a COMMENT, LIKE and FOLLOW. Keep Supporting And Thank You..
A hawkish BoJ rate hike amidst a strong UK GDP and Industrial Production figures might propel the Yen to new heights as the Pound looks set to end the following week(s) in the trenches. Technically, with the sight of reversal set-up (triple top look-a-like) at the JY156 zone, It is becoming obvious that the demand zone has lost the momentum to push the price above...
#GBPJPY Hello trader, I hope are good and safe. Today I opened the chart of #TATAPOWER for 4 hours and analyzed it then I see that this chart has made a #ASCENDING CHANNEL, So I hope GBPJPY will go downside, When price retest the supporting line then Nice opportunity for short. If you have any query then leave a COMMENT. LIKE and FOLLOW. Keep Supporting And Thank You..
the price has broken the Top Boundary of the Ascending Channel and can continue its rally up to the provided TPs as we can see the price has confirmed its rally by touching Fibonacci projection extension level 161.8% so we can target the 261.8% of the same Fibonacci projection level
Hello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze GBP/JPY a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities. My...
The ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how...
The price is currently at @149.155. This is a significant H4 Support area (149.00 - 149.640) which has been tested multiple times in the past making it a great area to look for buying opportunities.
Hi everyone this is my trade set up for the GBP/JPY for the new week ahead GBP/JPY has still got plenty of legs to keep moving to the downside, so i am expecting a pullback to the order block zone and will be looking for a sell trade look for pullback to zone lined off on chart then if it meets your criteria for a trade then execute This is my analysis only...