Trading 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...
GBP|JPY this analysis is purely based on technical i think it will go down if you look at bigger tf you will understand more and if you quetion DM me
Pound against Japanese Yen pair, has a bearish outlook from technical view this month, no exceptional of the downtrend this week too, it has strong resistance of 152.250 or 152.500 zone, this area pushes the price down further in the coming week 151.750 area..and a down wedge pattern also support this bearish scenario..
gbpjpy up nice fib rejection then fly to up side 1:9.5 RR with 0nly 5 pip sl all tp hit
As we can see that the asset is simply following its all the conditions , like it went for the double top then from there it came down from the resistance. Now following the box, It is going to show a down side as given by the Bearish Candle, But it might also go for the resistance line. I will take the sell trade here because it seems to be a great...
nice up treant and rejection of golden zone on fib also there is most probability to boom up side to 151.36
Based on previous analysis of GBPJPY the trade was opened and performed insane 📉 still running with 100+ pips more counting! This is the 3rd winning trade in 1 week of my analysis FOLLOW FOR MORE! ALL THE BEST!
Sell 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!
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...
Add GBP/JPY in your watchlist, it seems it is ready for a potential down move 📉 Things to consider: 1. Big impulse last month, now taking breath 2. Traingle Formation 3. Hidden Divergence in RSI 4. Latest COT report : GBP - Long 43k Short 43k (neutral) JPY - Long 30k Short 85k How to enter: 1. Study the chart as shown in my analysis 2. Wait until trendline is...
Expecting shorts from here! Have set sell limits and waiting for the trade to enter!
Expecting shorts from here! Have set sell limits and waiting for trade to enter!
After a nice short we are expecting some push to upside, Ride along with us
After a very good trade on GPJPY last week, again there is a very good short opportunity.
Trading 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...
After getting a nice setup, we Hit SL and dropped. Have another setup for shorts.
After Longs, I couldn't expect more momentum. Shorting for now!