Price fail to create higher high and start to breakdown, looking to enter short when price return 196.70
It is expected that the current upward trend will end in the specified time and resistance range and we will see the beginning of the corrective trend.
In this Analysis, we can see some Buy or sell Levels that I shared, watch it carefully, and Follow Price action.Thanks
Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 196.97, an overlap resistance Our take profit will be at 194.89 a pullback support The stop loss will be placed at 198.19, which is a swing-high resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable...
Journaling: Price is sitting below 0.618 of the daily bearish move. Although price has moved up its taken 7 bullish candles to retrace 61.8% of 3 daily candles. Unless price breaks above 61.8 we will see a bearish move. No need for a large SL my target is the next 61.8 where I will take partial profits
Hello,Traders! GBP-JPY is trading in an Uptrend but the pair is Locally overbought so After it hits the horizontal Resistance level of 197.410 I will be expecting a Further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Explore the latest trends in the GBPJPY forex pair with identified sell levels at 195 and 197. Our comprehensive analysis delves into key market drivers, technical indicators, and fundamental factors, providing strategic insights for navigating the dynamic GBPJPY landscape.
GBP/JPY Currently +250 Pips in Profits with secured bag Expecting another +100 Pips to move on to my target
The GBP/JPY Futures have demonstrated seven consecutive days of growth, characterized by a consistent retesting of previous market inefficiencies and increasing volumes. Each day, the price has closed above the volume range of every candle, while also maintaining its position above the Volume Weighted Average Price (VWAP). Additionally, the Delta has consistently...
Hello Traders ! On Friday 3 May, The GBPJPY Reached a Strong Support Level (191.370 - 189.994) Currently, The Lower High is Broken (Change of Character). So, I Expect a Bullish Move📈 ------------- TARGET: 197.040🎯
Dear All, this my idea for sell once sell candle or 30min choch get then only i go short this is my ideas only. what you flow your trading statistics you can continue. you need more my ideas flow me
GBPJPY - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell GBPJPY Entry - 196.59 Stop - 197.81 Take - 194.45 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
#GBPJPY Buy Idea ........................................................................
Hope all of you having a great weekend, Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly...
#GBPJPY UPDATE GBPJPY is exactly on the way as predicted. Already in good gain . Still getting a good volume. We can see gain here upto 300Pips+ soon. Keep in touch we will update further soon.
Hello everyone, GBPJPY 4H NEW FORECAST In yesterday's trading, the pair's price resumed its upward momentum, moving away from the additional support centered near 194.40. We notice its fluctuation near the first additional target represented by the level of 196.50. We point out that the continued presentation of the main indicators of positive momentum calls...
Key Cautionary Zones Strategic Insights on the GBPJPY and USDJPY! The market is paying attention to what may happen next to the JPY pairs. The BOJ raised interest rates but the impact was insignificant. On the other hand, they commented that the exchange rate was not important in influencing the inflation rate. However, at the same time, it is not clear...
This is my bearish trend idea. However, wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck