GBPJPY ShortWe can make GBPJPY short if, RSI comes below 50 in 4hr time frame, As current level is approximate to all time high in 4-5 year, so there is high probability for a down trend from current level.
GBPJPY.P trade ideas
GBPJPY Long ProjectionSetup Contains:
1. Accumulation Phase (Asian Session)
2. Manipulation (London Session)
3. Break of Structure
4. Return To OrderBlock
5. Distribution
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GBPJPY ANALYSIS FOR 07-02-2022Enter after the pullback for strong confirmation
note:beware of fakeouts
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💡Don't miss the great buy opportunity in GBPJPY
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (155.43).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 42.
Take Profits:
TP5= @ 159.01
TP4= @ 158.34
TP3= @ 157.68
TP2= @ 157.15
TP1= @ 156.68
SL= Break below S2
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GBPY ANALYSIS FOR 04/02/2022Wait for the candles to close at zone and enter after the pullback for strong confirmation
Note: Due to friday beware of fakeouts
gj seems perfectly bullish well as posted yesterday its heading up and we can see that it broke resistence and now moving a head so im hoping it will hit my target
GBPJPY ANALYSIS FOR 03-02-2022Wait for the candles to close at the Zones and enter after the Pullback for strong confirmation
gj seems perfectly bullish well gj is perfectly going up and now one can enter easyly now its breaking all structures
GBPJPY LONGThis is scalping Setup So if you will take this order after reached the 30M order block and Set TP for 30 Pips.
GBPJPY ANALYSIS ON H4 CHART.Overall, GBP/JPY is ranging across. Recently, GBP/JPY bounced off the support zone of 153.800.
The Japanese Retail Sales y/y data (Actual: 1.4%, Forecast: 2.9%, Previous: 1.9%) released earlier today indicated a slowdown in consumer spending.
The Japanese Unemployment Rate data (Forecast: TBA, Previous: 2.8%) will be released tomorrow at 0730 (GMT+8).
GBP/JPY’s next support zone is at 153.800 and the next resistance zone is at 156.000.
Look for short-term buying opportunities of GBP/JPY.
gj seems perfectly bullish well its in long term bussish treand and even institutions are in the same direction and now its going up by breaking all awable ressistences
gbpjpy looking buy on M30 chartgbp jpy looks uptrend with trend line + resistance breakout. wait for cross 155.050
GBPJPY buy opportunitySince that price recently broke resistant at TF H4, planning to wait for a pullback before going long for price to test next supply area above
GBPJPY SHORTMarket Reverse from the Fibonacci 0.618 and Breaks the Higher Low. So the market will go more downward Corrections. Market will fall from the Supply Zone.
GBPJPY ANALYSIS ON H4 CHART.Overall, GBP/JPY is ranging across.
Currently, GBP/JPY is testing the resistance zone of 153.800 and thenext support zone is at 151.000.
If GBP/JPY bounces off the resistance zone of 153.800, look for short-term selling opportunities up until the FOMC announcement tomorrow at 0300 (GMT+8).
GBPJPY technical analysis on fire 🔥As I expected GBPJPY made low of 152.910.
I will Put another update soon 😃
Let me know is anyone had taken the trade or not in comments.
We are not government registered entity before investing do your own research.
gj seems bullishwell i know is in bearish treand in 4h tme frame but still its about to complete w pattern so im thinking it will boom up
GBPJPYLook for Selling opportunity, if price retrace to upside and react from H4 Supply... Always look for LTF BOS before taking trade
GBPJPY Test of key Support areaGJ is in a decisive area and can see a uptrend from 152.5 area(+-200 pips) if MACD trend stays above 0 and try to crossover and continue away from 0 in the buy side. If the price decides to break 200 MA then we can see next support between 148.500 - 150.00
