SELL GBPJPYSell GBPJPY as it is in downtrend also it has made a pull back on important level and made bearish flag pattern good opportunity to sell
Gbpjpysell
Gbpjpy short possible Gbpjpy sell now 184.861
Sl 186.147
Tp 181.950
Lot size recommended 0.01 for 100 usd equity
Lot size recommended 0.10 for 1000 usd equity
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GBPJPY ANALYSIS OVER H4 CHART.Gbpjpy currently moving in downward trend, Looking for short term Selling Opportunities.
{GOOD SELL OPPORTUNITY IN GBPJPY}Wait for the trendline breakout and enter the trade wisely
!Happy trading
💡Don't miss the great sell opportunity in GBPJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (152.11).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 32.
Take Profits:
TP1= @ 151.20
TP2= @ 150.73
TP3= @ 150.20
TP4= @ 149.49
TP5= @ 148.92
SL: Break Above R2
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💡Don't miss the great sell opportunity in GBPJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (150.58).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 19.
Take Profits:
TP1= @ 150.18
TP2= @ 149.55
TP3= @ 149.19
TP4= @ 148.61
TP5= @ 147.89
SL: Break Above R2
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gbpjpy buyss.....nice up treant and rejection of golden zone on fib also there is most probability to boom up side to 151.36
GBPJPY Channel FormationSell GBPJPY
Things to consider:
1. Channel formation on daily timeframe
2. According to COT data GBP is Neutral and JPY is shortening
3. Down Momentum Started
How to enter:
1. Sat and Sun is off so entry will be done on Monday
2. SL - 152.6 TP - 150
3. Follow my analysis
ALL THE BEST!
GBPJPY Head & Shoulder Formation (Weekly)Head and Shoulder pattern has been formed on GBPJPY on weekly time frame.
The price is most likely to move down from the neckline.
Things to consider:
1. Weekly Head & Shoulder formation
2. Monthly Resistance
3. Latest COT report - GBP "Neutral" & JPY "Short"
How to enter:
1. Follow the analysis that i have made
2. Locate all the important price areas
3. Entery should be taken in 4 hr timeframe
ALL THE BEST!
GBPJPY ShortAfter a very good trade on GPJPY last week, again there is a very good short opportunity.
💡Don't miss the great sell opportunity in GBPJPYTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (153.09).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48.
Take Profits:
TP1= @ 152.59
TP2= @ 152.31
TP3= @ 151.90
TP4= @ 151.30
TP5= @ 150.89
SL: Break Above R2
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Trade well, ❤️
ForecastCity English Support Team ❤️
GBP JPY TECHNICAL ANALYSISGBP JPY Bearish opportunity even more as analysis of moving averages of intervals 10,20 and 30 such that heading towards the collision between them which leads to bearish for some time
MOVING AVERAGE COMPRESSION WAVE CONCEPT
