Stack trade loading this looks like a good opportunity to enter the long term buys at a very low risk
Its TKY session and few minutes to GB news I am betting on GJ to move as fast as possible before LDN session Hopefully I can bag 80-100 pips before going to bed Stuck in profit.
Whispers from the Estate. Ah, esteemed acquaintance, allow me to illuminate the forex pair GBYJPY with the eloquence and refinement befitting our distinguished discourse. The pairing of the British Pound Sterling (GBP) and the Japanese Yen (JPY) evokes a symphony of financial intrigue, resonating across the grand corridors of international trade and finance....
GBPJPY Long trade 1. Weekly Uptrend 2. Strong Bullish Candle 3. Candlestick reversal pattern at rejection of support 4. Currency Strengh Meter Confirmation 5. No high impact news tomorrow 6. Take Profit under local resistance 7. Take Profit in daily ATR range 8. BUY/SELL Indicator Confirmation 9. 2% Risk, 1:1 R:R
Looking for GJ to catch a nice up move push here in the London market. We saw a massive intervention from BOJ driving price down to current levels where it seems to have got a foothold on some form of support. 1D 50MA seems to be acting as support and in previous occasions buying when it rejects this zone has proven nice. Looking for at least a retrace so we...
#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
Long opportunity on the theory market ranges 70% of the time. Wait for another test back down (watch out for liquidity runners!), enter LONG, and target 50% of last bearish leg.
The GBP/JPY is currently signaling a sell opportunity with its price hovering around 193.40. This level presents an ideal entry point for traders looking to capitalize on potential downward movement in the currency pair. With multiple take profit levels set at 192.50, 193.00, and 192.00, traders can strategically exit their positions at various stages to lock in...
As you can see the price respected the bullish daily FVG and created the bullish breaker that comes with bullish FVG. If the price retests the bullish breaker block, it can be our entry; keep in mind we need LTF confirmation for entry. In this scenario, we can target Daily bearish FVG and also the liquidity above relative equal high. 💡Wait for the...
GBPJPY is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle. Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could be 195.800 followed by 198 What you...
#GBPJPY into liquidity zone (blue), into a Wave 4 formation, Pivot line break, Converging on upward trend line. Chris
Daily order block has yet to be mitigated leaving pending orders that need to be liquidated. Based on lower timeframes and a Wyckoff accumulation schematic, looking to take price back up to unmitigated 5M/1M order block before falling to pick up more liquidity to take to the upside.
The GBP/JPY experienced a notable turnaround at the 200.500 level following reports indicating potential direct intervention by the Bank of Japan (BoJ) in the foreign exchange (FX) markets. This intervention, suspected to have occurred twice within a two-day span earlier this week, aimed to bolster the beleaguered Japanese Yen (JPY). Disclosure reports from the...
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...
My Dear Robbers / Traders, This is our master plan to Heist Bearish side of GBP/JPY based on Thief Trading style Technical Analysis.. kindly please follow the plan i have mentioned with target in the chart focus on Short entry, Our target is Green Zone that is High risk Dangerous area market is overbought / Consolidation / Trend change / Strong Pullback happens at...