GBPJPY.1000.CFD trade ideas
GBP/JPY is showing bullish trendIt is respecting the trendline so you can buy it from here or after the breakout of one more trendline.
GBP JPYGJ is in crucial price. touched in major support zone. may be making a inverted H&S pattern or rested to go down.
wait for a price action.
GBPJPY another winner (100 + pips)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!
ASIANFOREXBased on fib retracement and trendlines its retrace level last week we seen bearish still we are in bearish trend
GBP/JPY Clean market structure respecting key levels
Expecting rejections from Minor zones for continuation
Look for a potential reversal if it breaks 152.5
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!
simple Setup!Message me to learn 1 to 1!
GBPJPY 1D TF
GBPJPY is in the process of making a head and shoulder pattern,
Thus a nice entry can be taken once a red candle is seen,
A break of trendline is also seen and we can expect a downward move now!
If the re test is successful an entry can be taken
However be aware of the supports at the 149 level!
RR-4.6
Possible Pips-7.1
GBP JPYif it break the strong resistance area, then it will go for long run. Already GJ in uptrend line.
Use proper risk management. Thank you
📚Learn More💰Earn More - Inverted Head and Shoulders in GBPJPY📚 LEARN MORE
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Inverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “Neckline” is drawn by connecting the highest points of the two Peaks. Neckline resistance does not need to be strictly horizontal.
This illustrates that the downward trend is coming to an end.
When a Head and Shoulders formation is seen in a downtrend, it signifies a major reversal.
The pattern is confirmed once the price breaches the neckline resistance.
In this example, we can easily see the head and shoulders pattern.
How to Trade the Head and Shoulders Pattern:
ENTRY:
we put an entry order above the neckline.
TARGET:
We can also calculate a target by measuring the lowest point of the head to the neckline.
This distance is approximately how far the price will move after it breaks the neckline.
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BEST SELL OPPORTUNITYprice is respecting trend line
price break the trend line
it create triple top pattern
wick rejections at key level
ENTRY; AFTER BREAKING STRUCTURE LOW(BLACK LINE)
GBP/JPY FOLLOW THE HEDGE FUNDS!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 broken and turned into resistance
3. Entry should be taken on 4hr timeframe for better R:R and enter when moment is downwards
GBP/JPY SHORT OPPORTUNITYshort as a lower lows fromed in lower time frame in and take profit in the supported area as a green color in the above picture
GBPJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said last weeks ... GJ rejected and closed the month below the trend line as I said and has already made 400 pips from the 700-1000 forecasted a few weeks ago!
THIS WEEK...as I said a few weeks ago GJ made the 700 pips we announced and rejected from the target area number 1
Now, I expect a period of range and a retest of the trend line but at the first close even on 1 day below area 148 I will enter SELL until area 142
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
GBPJPYIf I found any Bearish Candlestick Pattern Then I would Like to Go SHORT, But If Market break above Resistance then I would Like to Go LONG After Break & Retest And Support on 50 MA Also
But I except Short Because 3 day cycle in GBPJPY And market Making HHHL
If on Monday Market come on Resistance Then I go Long Which Is my 2nd Trade and Holding the Trade Next Three Days
GBP JPYGJ will decide according to the performance of US dollar and Japan Yen. so i am not taking any position on GJ now. but watching for a move. mostly it will go up with Inverted head and shoulder pattern.
