GBPJPY analysis update and I’m seeing it’s going to move for +150 PIPs to the downside ✅
Hello good morning. This is my GBPJPY setup for this morning. 1:1 risk to reward. Any feedback leettsss GOOOO YA DIGGG 😁
Took daily/4H High out. Might just continue lower to fill the next zone at this point but potential short on the premium side of the dealing range.
Hello Traders, Back with another review! We are looking at yens overall for potential reversal with eyes on GJ. Should price remain below May monthly high 163.800-164.00 zone We could see more downside correction to the 157 price zone. this could take a few days or more. Otherwise, above 164.200 no short trade. As always, only trade what you're...
Expecting s buy into my supply zone, then a further roll over to 152.100. Risk off!!! NB: GJ has been in demand for sometime now a nd market has opened a lot of buy orders. After completing my fake buy move a further retrace into my desirable TP. ---Yellow Box: Demand/ Supply Zone ---Red Box: Rejection Zone ---Blue Box: Breakout zone
GBPJPY Has Grabed the Liquidity Above Multiple highs And Now has Rejected from the Order Block Area. We want the Market to Retest that Area Again And then Fall Sharply
Not actually looking to trade this but just an idea/call out so to speak this is where I would look to go short here and would place a sell limit, also taking into consideration the fundamentals at play with BOE and Yen too. But we'll see. again this isn't a trade i am taking just calling out something i am seeing and working on maybe taking these set ups one day...
GBPJPY forming a nice bearish order flow on the 15 minutes, with Equal low and an imblance below that prices might go for.
4H BEllow the ema's break and retest making a new structure bearish trend line 1h break below the 2emas with a clear momentum candlestick I took this trade 5 days ago and have been in this range since, so the above were my confluences and I am still waiting for it to break down. if the price broke above the 5/14 and 200ema ill be out of the trade and look for a...
This pair is still in progress of completing the corrective wave (c) of the minor corrective wave B at 1.236 fib extension on price level 165.279 up to 165.878 which is the 1.382 extension. When validated, the pair may then resume its downtrend to the anticipated impulsive wave C with a potential high reward of over than 500 pips (159.634 or...
d;bearish 4h; broke the s/r zone and its testing it bearish trend line broke previous LL bellow the ema's 1h; looking for price to go bellow the ema's with a momentum candlestick and that would be my entry. stops; above LH swing. target; next s/r zone risk; 0.5% RRR:3.1 mini
Here was a great day for many traders trading GJ. Most traders are aware of GJ being one of the more volatile pairs, although today was volatile it followed simple patterns, reaching highs of 161. and then reversing to low 160. I opened various trades through these motions at different prices, my mistake was not sticking with my original opening trade as It meant...
GBP/JPY has been bullish for some time now with high momentum pushes on all timeframes there has been a recent correction and some support formations after a decent rally. with no significant pullback in place since market open, I opted to take some sells should we break the previous candles lows come market open. On this occasion, the market fell below the...
What do you think? I see Price continuing to sell down towards the next two detailed support zones... We will see, will only happen if it continues to stay below that detailed resistance... Of course...