Hey Everyone, OANDA:GBPJPY we have witnessed change in price behaviour, in longer time frame price have failed to breakthrough the 193.00 price region. After witness many strong wicks rejection we anticipate that sellers presence in the market remain extreme and it will likely to increase in the days to come. You can take sell entry now with stop loss and...
Currently, the GBP/JPY pair is signaling a selling opportunity as it hovers around the 192.11 mark. This indicates a potential downward movement in the pair's value. Traders could consider setting multiple take-profit levels to capitalize on various price points, such as at 191.50, 191.30, and 190.50, to secure profits as the pair declines. Meanwhile, it's...
Hello traders, GBP/JPY has been trying to break the hourly resistance at 192.75 but so far, it has not been able to do so. That being said, we are continuously noticing higher lows in the hourly time frame. So, the current price action on GBPJPY is messy. Although I have been scalp selling GJ every time it reaches 192.75, I feel less confident in selling. In...
OANDA:GBPUSD this is support and you can buy and the target is red box inshallah we make profit today
The GBP/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish wedge pattern. This suggests a potential acceleration of the downtrend and a higher likelihood of further declines in the coming hours. Key Points: Sell Entry: Consider entering a short position (selling) below the broken...
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
The GBP/JPY pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined pattern. Key Points: Sell Entry: Consider entering a short position (selling) below the broken support level, ideally around 192.80. This offers an entry point close to the perceived shift in momentum. Target Levels: Initial...
In recent trading sessions, the GBP/JPY pair has embarked on a notable bullish trajectory, diverging from our previously envisioned bearish scenario. This shift in sentiment is evidenced by a series of bullish candles, signaling a resurgence in buying pressure. The pair has retraced to the pivotal zone around 192.200 - 192.500, where a convergence of technical...
GBPJPY 4 Hour Trading Journal On the 4 hour chart price has primarily been offering premium prices. After April 14 bull run price was rejected creating equal highs. Since Monday price is delivering to a tight institutional flow and I anticipate raid on stops soon. Trouble is will price gravitate to the buy side and continue to rebalance the monthly SIBI after...
Could this be a possible sell for GBPJPY? The market is currently reacting to Fib area, ther's been signs of rejection. The lower tf 4HR is showing a chart pattern for sell. Let's see how this will play out.
Deciphering Market Movements! GBPJPY & USDJPY Analysis: Friday, APRIL 26 The market will await the BOJ's interest rate decision. It will be an important day because during the previous meeting BOJ increased the interest rate but according to the market it was accompanied by a dovish signal. On Friday, April 19, the Japanese Yen (JPY) benefited due to its...
FX:GBPJPY is preparing to continue its growth amid the strong weakening of the Japanese national currency. Japan's central bank has been underperforming and is not about to do so. The strong bullish trend in the currency pair may be continued. There are no prospects for a trend change. The key target at the moment is 195.844 On H1 it is worth paying attention...
Price bouncing in the 190.500 resistance zone. Rejection candle on the support. Target next resistance zone at 192.700
Showing my skills when it comes to trading GJ. Aiming for 10 wins in a row, and publish them here so others can keep track of it
Trade based on the fact that we must grab some liquidity to drive the opposite way. I believe if we can come down to 191.256 before flipping at 192.339 This will be a juicy trade. Trade is invalid if 192.339 is tapped before tapping 191.256 SL to BE will be managed manually depending on price action.
Hi traders' structure might be developing bearish, but this is good risky short-term opportunity to the upside. Am expecting price to give us inner structure before the next bearish impulse. Don't rush into impulsive trades, wait for price to come at significant/psychological level in order to execute and be patient. Follow me for more weekly predictions and hit...
This is purely technical, still looking for fundamental data to support the new uptrend. The will Retail GBP news on 19th, so i will wait for a proper entry and setup later. But overall if i am to take this i would risk just 1%.
All trades are based on pure price action. i do a top down analysis to gain weekly, daily bias. i then use 4 hour price action with 1 hour time frame for entry.. ACTION ,CORRECTION ,REACTION. these ideas are not trading advice. i am not a professional trader.