Hey Traders, in the coming week we are monitoring GBPJPY for a long term selling opportunity around 157 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in the coming week we are monitoring GBPJPY for a long term selling opportunity around 156 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring GBPJPY for a selling opportunity around 152.5 zone. Once we will receive any bearish confirmation the trade will be executed. Trade safe and use proper risk management, Joe.
possible 1:5 rr on gbpjpy short setup. the daily trend is down and the ob on 1hr has should be mitigated before selloff
GBP JPY Has made some retrograde in the last 30 days. probably the sellers are still on their way to 149.300 -149.100. NI225 Has made +3.55 % Last 30 days, By moving from 28583.83 to 29601.83, targeting 30500 Japanese yen are doing well right now, I am waiting for GDP Annualised news, with the previous: 1.3 the forecastings: -0.8 I expect high volatility to the...
Hey Traders, in the coming week we are monitoring GBPJPY for a buying opportunity around 151-152 Zone, we might see a pullback around 153 zone towards 151 before the rally to 156 zone, Back then we might consider a swing sell around that strong supply zone. Once we will receive any confirmation we will execute the trades, currently we are just preparing the setups...
We have seen some bearish moves; Monetary Policy Report, 4 November 2021 gives bearish signs for GBP. now we will see some sell force going to 147 - 149 levels, we can sell for short target 151.700 - 151.400 before some buyers enter at this support level. probably we can see the price reverse but in general the JPY is strong right now.
Price currently reacting to that OB to continue with the correctio before we see another swing up. Potential entry, sl, and targets on the chart
over all in time-frame the D1 price is bearish, because breakout in trendline HL-LL-HL-LL-HL and LL in target price in fibo retracement in 147.135 with ratio risk and reward is 1:3
Price is at 127.086 , wait for it to approach level 127.375 then short from there. Targets are at 126.444. Use proper money management. Once trade activates move stop loss to entry. Tight stop losses as always.
GBP/JPY formed a wedge formation, waiting for a breakout with a possible downside target of 134.573.
GBP/JPY shorts into 136.600, on the daily I see a shooting star with the wick driving into 140.300 before closing lower. If we close like this on the daily I'll keep this short bias.
ABCDE move into 136.600. A nice downtrend. Price is are trading below the daily level, so I see a push into the blue daily and a rejection to short the pair.
short gbpjpy if break the level that mentioned in chart. because flag is confirmed, two internal candle are break tp level is cluster of fibonacci and abcd zigzag.
Huge wick into daily resistance, sellers pushing price down.
I see a break of structure, continuing the weekly trend.
I see a retest of this daily level which also correlates with a 78.6% fibonacci. Before short to the -27.00% which correlates with the liquidity zone.