D-GBPJPY
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.
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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 BEARISH IDEAIt'll be more clear if you look at your chart in D1 TM.
I've spotted raising wedge which is reversal pattern and the H&S pattern still seems to be valid, the new bearish impulsive moves started this is why the current trend up seems to be counter trend.
to sell the market wait for the break of the falling wedge and the correction channel.
Note:
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I post and share for educational purposes hence no idea we publish should be considered an investment advice.
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GBPJPY BULLISH FORECASTTHE PREVIOUS IDEA WAS DISRESPECTED BY THE MARKET AND THE RESISTANCE WE EXPECT TO WORK WAS BROKEN AND TURN INTO SUPPORT HENCE WE ARE BULLISH WITH GBPJPY 4H TM.
Note:
All ideas forecasts are my personal views on the market, I share these ideas for free, and you're free to share my profile link with your friends, please do not use my Idea without credit.
I post and share for educational purposes hence no idea we publish should be considered an investment advice.
I mostly share ideas with more than normal conviction, meaning I mostly share ideas with High conviction.
You can check all my work, you can understand my style of analysing market, please if you like my work do help me earn reputation and like, comment on my ideas, we can discuss more here.
GBPJPY bulls GJ has held a price range between (168.78 being the upper limit and 159.5 being the lower limit) for roughly 110 days. We have seen out first break out of that to the downside was met by enough bulls to push it back up into nearly the middle of the previous range, with these bears answered I look for the bulls to continue up towards the top of that range to test its waters. This is just an overall bias on GJ for the next couple of days.
GBPJPY Next Move Either SideAs per historical calculations, GBPJPY will be move either side but if it crosses 158.500 (major resistance in one hour time frame) then it is expected to reach or cross 160.300 otherwise it may fall again till 148 as per historical chart...
do your own research because this is not an investment advice, just my own analysis based on chart...
GBPJPY will be Short till 162.00
GBPJPY will be Short till 162.00, its a bullish retracement .
here is a strong Demand Zone at 162.00 .
Hopefully, we can see bullish from 162.00 with some small retracement to Long 170.00.
Trade safe with Tight Risk and Money management.
Thanks for Likes and Boost Friends.
GBPJPY Breakout shortGoodmoring to all London session traders!
There is a break out on the 15 Min TF, JPY is growing strength since USD is going down a lot of companies and investors are moving their money to JPY since in the long term this will be more viable for them aswel.
We might see a downfall of GBPJPY to about 160.700 - 160.040.
Please leave a comment in the comment section what your idea on this market is.
Lets all stay positive and help eachother out since we're all one TEAM!
GBPJPY Analysis we have predicted this pair and we can see that it can go 132 pips up from here and then moving up 673 pips down let us first see the running course of it for now and i hope with this trade you will be able to assist yourself better with our guidance towards the movement of the trade and will make a fortune out of it