This pattern usually indicates the end of a trend and the beginning of a new one. It's worth keeping an eye on as it offers a good trade opportunity.
GJ came back to our entry, gave some people new entries but I don't really like how GJ moves so I put BE on my positions. Let's see how it goes! What do you think about GJ? LQP = Liquidity Pool DBR = Drop Base Rally demand zone 2WT = 2 Way Trap
Expected direction for pound yen to be going up for the next two days.
The comment I was left was right didn’t expect it but odds of probability
OANDA:GBPJPY price breakthrough and left very strong lows, in our view, price will remain bullish. There are two possibilities at the current area, price can just shoot up to 187-188 price area. Or drop in the region of 180 and then bounce back from there. However, JPY pairs move fast and most of the time when they leave strong lows or highs they create a big...
My dear friends, GBPJPY looks like it will make a good move, and here are the details: The market is trading on 189.12 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 189.91 Recommended Stop Loss - 188.70 About Used...
traders GBPJPY price is ready to fly My dear subscribers My technical analysis is for GBPJPY below The price is coming around a solid key Level 189.500 Frist Target zone 195.500 2nd Target zone 200.000 Bis_ Bullish Technical indicators Pivot point low anticipates a potential price reversal Super trend shows a clear buy giving...
GBPJPY - Intraday The primary trend remains bullish. The selloff has posted a correction count on the daily chart. Buying continued from the 50% pullback level of 188.30. We look to buy dips. Bespoke support is located at 188.70. We look to Buy at 188.70 (stop at 188.20) Our profit targets will be 189.90 and 190.20 Resistance: 189.70 / 190.20 /...
GBPJPY made a small correction, price rejected at key level and since then it has been bullish, we can expect price to hit 192.00 as it remain a crucial level to sell. If we looking at the entry criteria we can enter now with 100 pips stop loss and 500 pips tp.
The GBPJPY pair broke recently above the 2023 High has been consolidating these past 3 weeks. This consolidation can technically be the start of a new correction back towards the 1W MA50 (blue trend-line) in order to test the market demand and get confirmation. This is exactly what took place in October 2014, which as you can see, is the fractal that GBPJPY's...
welcome here is my gbpjpy long idea its based on imo market has an interest in price at 190.00 lets see if we will touch it im thankful to see how this setup plays out
This week close is vital. If we want to see more bullish PA next week. Price must close above previous week low. If price closed above pv-WL. Look for longs @ 191
📣 Hello Mates! We can see GBP/JPY is currently running sideways with no clear direction. However, our prediction is that GBP/JPY will go for a sell and reach our targets of 188.980 and 188.400. We have strong resistance levels at 190.100 and 191.350, along with strong support at 188.900 and 188.400. Although 188.960 is also a strong support level, we believe...
JPY fundamentally showing weakness with GBP last PMI showing expansion. My trade is as displayed for the swing long, with the plan to add positions if asia high is broken. If asia high is not broken during London, then they most likely waiting on NFP news release. London session is not looking very volatile right now, so trade might be scratched if we haven't...
📉The GBPJPY has recently shown a significant vertical head and shoulders pattern on the 4-hour chart. The neckline of the pattern was breached two days ago, with a candle closing below it. I anticipate a downward trend now, with the next support level likely at 188.00.
According to the behavior of the price in the current resistance range, possible scenarios have been identified. A continuation of the downward trend is expected to form and the price will make a new floor.
Hi trader Gbpjpy price trend to continue fly during The season It is expected that price will continue in The buy trend and can approach the Price range of 189.471 Note: Always wish you to manage your capital safe Take small lots of which suits your capital The winner is the one who sticks with the market Give us like and support