#gbpjpy#forex
gbpjpygbpjpy is in bullish mode
if bos is broken and it's coming back to demand zone and we can look for long oppertunity at demand zone
long GBP/JPYBreakout from flag pattern in an uptrend, excellent pattern to trade. There is also not much resistance nearby and good floor to use as support.
#GbpjpyIn this trade you are getting one more chance to enter You take entry only after checking it.
This is a multi confirmation based entry,
I requested to trade only after taking care of multi confirmation and your risk management.
Long in GBP/JPYAnother yen pair where we are seeing a breakout and the closest resistance is a long way away. Also note the hike by ECB yesterday of 0.5% point will lend support to pound.
sell gbp/jpy the counter has run up a lot recently and a consolidation rectangle on the hourly charts has been formed from which the pair has broken down. We are looking at the support of around 179.5 as the target.
GBPJPY Trading Plan - 25/Nov/2022Hello Traders,
Hope you all are doing good!!
I expect GJ to go Down after finishing this wave.
Look for your SELL setups.
My charts explains the reason if you are aware of the wave analysis. If not, then contact me and I can patch you up with the right people.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
GBPJPY SMALL TF SETUPGbp Jpy is making a pullback to support and demand orderblock,marked in the purple box. A hold of this area can send GBPJPY to supply zone marked on charts. This setup has a good R/R and multiple confluences that it will play out. Please note: Do not risk more then 2% of capital on this trade.
GBPJPY SETUPGBPJPY long setup, if demand area holds. Look for bullish candle confirmation before jumping in long.
Occur Head And Shoulder Chart Pattern in GBPJPYPrice can go down its opportunity to short term for sell because occur HEAD AND SHOULDERS chart pattern in GBPJPY
GBPJPY ANALYSIS ON H4 CHART.Currently,Overall GBPJPY is in Upward trend, Looking for short term buying opportunities for GBPJPY pair.
GBPJPY ANALYSIS ON H4 CHARTOverall, GBP/JPY is trending downwards. Recently, GBP/JPY bounced off the support zone of 151.000.
GBP/JPY’s next support zone is at 151.000 and the next resistance zone is at 153.800.
Look for short-term buying opportunities of GBP/JPY.
GBPJPY GETTING BEARISH $Well, today as I can see GBPJPY getting downward! side around 80 pips down from current price
will check at evening! the results
we learn we earn
GBPJPY IDEAGJ tried and failed at breaking a key weekly support area and has now rejected heavily off of the Weekly Support Zone and has gone bullish with a strong momentum moving almost approx. 200 pips in a day on Thursday. Today is a weekend and I would be cautious trading the pair. Though past data shows that momentum did continue the next day with reference to the July 22nd move earlier. We are also fast approaching a bearish tend line on the Daily. If we respect the Trendline then we can expect bearish correction due to the extreme impulsive up move or break the trendline and do a retest and continue moving upwards as we would then have a break of structure.
GBPJPY: Still unfolding ending diagonalBuy with SL of recent low for target of new high & then short from the top to the previous fourth & the second wave of ending diagonal as a target.
GBPJPY SUPPORT AND RESISTANCE LEVELS. GBPJPY IS CURRENTLY IN A DOWNTREND WHICH IS MOST LIKELY TO CONTINUE TILL THE LAST SUPPORT LEVEL GIVEN. TRADE BETWEEN THE ZONES AS PER THE CONFIRMATION OF THE CANDLES. TRADE SMART.
GBPJPY Intraday ForecastAs we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=136.85.
But the short term forecast is range bound, so we expect to reach the following targets:
TP3: R1=137.85.
TP4: R2=138.15.
Set the stoploss of these orders at breakout of S2=136.55.
Stop and reverse:
If trend gets reversed, sell (stop) orders will be opened at breakout of S2=136.55.
In this situation, there is an expectation to reach the target S3=135.4.
Set the stoploss of reverse orders at breakout of S1=136.85.
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