📉 GBP/JPY PRICE FORECAST 📉 OANDA:GBPJPY GBP/JPY encountered resistance from the peak of highs and subsequently broke down the ascending trendline. Presently, it's undergoing retracement towards the resistance level at 191.30. Alternatively, entry could be initiated upon the formation of a strong bearish candle. Key Highlights: 1. Resistance from peak highs...
Price forming double bottom at 88.2 fib retracement. Seeems too early in the week for the 4hr swing low to be broken. Expecting a bullish push from here. Jpy news this week will dictate whether bullish trend will reverse.
GBPJPY MARCH WEEK 3 OUTLOOK - Daily - GJ is neither here or there right now. first glance looks weak but there is a good chance that we might see a bounce off of 188.952 - 188.276 zone. if it drops and holds below it, then we might see a sustained bearish behavior. Origin - Looks bearish here. we can go short here or any pullback and rejection from zone 189.243 -...
Fundamentally and technically I have a bearish bias for today/this week. However, on my "pip sizes" anything can happen. With right setup I would buy to a green arrow and sell to a red arrow. Ideal scenario for the most confidence in my potential trade I would like to see a little fakeout to the upper zone (the one below my buy zone) and then turnaround and...
OANDA:GBPJPY BUY position can be taken in the specified ZONE There is no position before the ZONE
According to the new bottom formed in the chart, we expect to see the continuation of the corrective or downward trend. As long as the price does not stabilize above the previous ceiling range, the possibility of continuing the downward trend is more likely
INTRADAY 30M: TECHNICAL AND FUNDALMENT ANALYSIS We provides the latest technical analysis of the GBP/JPY (British Pound Sterling/Yen). You may find the analysis on a daily basis with forecasts for the global daily trend. You may also find live updates around the clock if any major changes occur in the currency pair. NOTE : 📬 COMMENT, ✅LIKE AND ☑️ FOLLOW. THIS...
With GJ currently respecting a solid support level I’m personally waiting on price to break from the smaller time frame range to give a clear direction. If price can give bullish structures then longs back to 191.200 would be possible. If price breaks to the downside and can retest then shorts would be the priority. Looking for at least a 1:3rr for both set ups....
We are likely to see a huge price decline in GBPJPY , analysis made using technical analyis only.
Got gbpjpy as long from last friday due to choch and strong demand from that level. Waiting for price to take out either liquidity and will be looking for a sell or buy depending on zone.
GBPJPY Pivot 189.060 - If the price is higher than the pivot, Long target TP1 at 189.660, TP2 at 190.290, cut loss if the price is lower than the pivot. - If the price is lower than the pivot, short target TP1 at 188.400, TP2 at 187.910, cut loss if the price is higher than the pivot. ***Please money management***
– Last Weekly candle closed Bearish rejecting recent Weekly Resistance around 190.700. Friday Daily candle closed Bearish but price ranged overall on the Hourly timeframe. I’ll be looking for potential Buys above 189.710 targeting 4h Resistance around 190.320 and Weekly Resistance around 190.690. I’ll be looking for potential Sells below 188.720 targeting previous...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
GBP/JPY SHORT "break of structure + 72% fib retracement " - strong Japanese Yen cause of BoJ rate hike expectations.
hello friends in 4 hr chart time frame if market breakout resistance zone after retest you can buy it most probability to market go up trend thank you.
It's been a long time structure you can see all time we having Bearish structure here where we find Extreme POI. We can directly Sell from Extreme.
Here is a weekend search for possible movements next week. Actually my first prediction published on TradingView. - Bearish Pennant Pattern - Inversal FVG