#GBPJPY - H1 📣 Looking at the 1-hour timeframe, with the breakdown of the downtrend at 194.17, we expect price growth towards the 195.90 range. ⛔ Stop Loss: 192.80 On the other hand, with a breakdown below the 192.80 range, selling can be considered with a target of 191.30. ⛔ Stop Loss: 194.17
Hello,Friends! We are targeting the 195.697 level area with our long trade on GBP/JPY which is based on the fact that the pair is oversold on the BB band scale and is also approaching a support line below thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
The 4-hour right side is up against 186.04. 1-hour right side is turning down against 197.4. Near term, while below 197.4, expect pair to extend lower to correct cycle from 3.11.2024 low in 3, 7, or 11 swing towards 186.04 – 190.4 area before it resumes higher. We like the long side from the 4 hour blue box area (if reached).
Trader Tom, an investing.com technical analyst explains why he isn't buying JPY pairs today and why you should always apply a multi timeframe approach when analyzing the charts. This is one of many vids so if you would like to see more then please join us and hit the boost button.
trying to post asap, but i think this is pretty ok trade
up trend on longer time frame so we look to buy on 15 minutes time frame.
based on my strategy there will be another drop for GJ soon specially if closed below 196.863 (1hr) Heikin Ashi candle .
Take a look at our analysis for GBPJPY. Time Frame: 30m Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 191.946. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 192.595 level. P.S The term oversold...
📈 GBPJPY → The Yen continues to weaken. Target 197.0 GBPJPY is testing trend support, but buyers are keeping the price away from risk zones. The currency pair is returning to the bullish zone relative to 193.5, which generally opens up the market to 195.0-197.0 upside potential On W1, the currency pair after a false breakdown of global resistance is moving back...
Pair : GBPJPY Position : LONG( BUY) Entry 1 : 193.825 STOP LOSS @ 193.425 TP 1 @ 194.225 TP 2 @ 194.625 TP 3 @ open ( Trailing SL )
The GBP/JPY has recently reached a key support area, coinciding with the completion of a Bat pattern. If the currency pair is able to break through the current supply zone (almost 190.5) , we anticipate a potential rise in prices.
The GBP/JPY currency pair is currently indicating a selling zone, with the price at 196.604. This suggests a favorable opportunity for traders to sell the pair. To capitalize on this potential, traders may consider setting take profit levels at 195.50, 195.00, and 194.50, to secure profits as the price declines. Additionally, it's prudent to set a stop loss at...
GBPJPY as you can see every puch down with an AVG he filled that up, so in big picture that big bearish candle on the left its going to fill that avg to, GJ can make some deeper brearish candle for liqiud grap that wil maybe happen at the news tommorrow.
Dear Traders, Hope you are having great holidays, today we have found two perfect areas where you can buy and target easy 500 pips or maximum of 700 pips. The first entry, enter with perfect risk management as it is risky entry, while the second entry is safe entry. Good Luck
hello friends As you can see we had achieve all of our given Targets as we sent perdition in our previous analysis on this pair in this bull run... now its time to retrace some pips so if we see the Fib retracement its a easy target till design levels with a very low risk and higher rewards Friends its just a trade idea share ur thoughts with us Stay Tuned for...
i will enter 1 order as per post, but maybe 1 more, based on the candle patterns.
This would be the next slide of the GBPJPY Journey which started with a simple Mind posted, evolving into the next idea with the next steps. The previous 2 snapshots provided a very clear bias (the short followed by the long), but now I find myself in the situation where I am looking for 2 potential scenarios which I would consider to be intriguing if the price...
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