GBPJPY is looking for short expecting target to reach at 178.100
FOREXCOM:GBPJPY Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...
Breakout from flag pattern in an uptrend, excellent pattern to trade. There is also not much resistance nearby and good floor to use as support.
look out for shorts and long in the zones, marked the support and resistance levels.
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
gbpjpy has broken down from the head and shoulder reversal pattern and is now heading lower. Yen has been strengthening overall and it is interesting to see that even the USDJPY pair has been struggling. There is some risk off in the financial markets as a whole and that seems to help yen. The target is the depth of the pattern and is marked on the chart. There...
In 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.
@717.347 All time High on 01Jan1975 @116.837 All time Low on 01Sep2011 GBPJPY market is falling down from 01Jan1975 As you see I marked 4 POI on month TF @208.117 and @188.631 this two POI are for short position. And if we see price is going to mitigate @188.631 my POI is calling them to mitigate there if you want to place order then place @188.631 short SL...
Another 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.
Always take entry after multi. confirmation. This is a smc & multi confirmation based entry. You are requested to take full care of your risk management. If I can be of any use to you, please dm me.
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 is in overbought area it can fall down most probably if it breaks this minor support entry can be taken in 1hr tf
As we can see the GBPJPY is moving in a channel in one day frame + in one week time frame too . In addition when RSI get above 70 level it retests but it reached above 80 lvl so there is a high chance of a retest and there is a rectangular zone which is a strong resistance which was tested for almost 13 times so another great reason for a rejection and now it has...
This can be a good entry in the 15th min chart. Take entry only after multi confirmation.This can be a good entry for a short time. Always keep in mind your risk reward.
It was a low risk entry with a profit of RR 1:15. This was a #SMC/#OD based entry. Entry was taken after multiple confirmations.
GBPJPY is sell to fall, there might be profit bookings in coming sessions. I have two setups, one is 15m and 1hr timeframes. look in the chart, once the bearish trend start its set to fall. happy trading.
INFLACTION EXPECTED TO COME DOWN FROM 10.1 TO 8 WHICH IS GOOD FOR CURRENCY STRONG SUPPORT BELOW 200EMA IS BELOW THE PRICE BEST 1:8 TRADE Forex factory analysis link below