GBPJPY trade todayToday taken a trade in GBPJPY on london open...secured +20 pips and runners running
GBPJPY.PRO.OTMS trade ideas
Can show a downward movement .Sell Entry here .
SL -
TP -
This should be a downward movement as the trend high is touched and started reversal
{=GOOD SELL OPPORTUNITY IN GBPJPY=}if the GJ break the level 161.970 then it ensure the more downward movement.
!Happy trading
gbpjpyAs per the technical analysis , we have witnessed a "Double Bottom" pattern formation in Adani Ports Ltd. on a daily time frame with the neckline just breached on . it is expected to face a rejection in coming week as it is approaching it's 200 day and 50 day moving average. Also the volume leves were decent enough on. There could be 2 trading opportunities in this trade
1. One may enter at current levels as we have just breached the neckline with decent volume levels. (Liitle risky)
2. If it goes above the neckline in the coming week, one may wait for a retest of the neckline level which will provide some extra confirmation. (most preferrable)
The above analysis is just for educational purposes only. Investors / Traders are required to do their research before entering into any position.
{=GOOD SELL OPPORTUNITY IN GBPJPY=}Hello traders, GBPJPY is now in strongly bearish trend it is projected to reach last stop at 156.380.
Happy trading !
{GOOD BUY OPPORTUNITY IN GBPJPY}Hello traders, GJ now turned to bear, retracement of market at 169.695 level is expected.
Happy trading!
SHORT ON GBP/JPY ON 4 HOUR CHARTOANDA:GBPJPY
The pair has recently form double top pattern on daily time frame .
Also just break down trend line on 4 hourly time frame .
A Target 1 is 163.000 and Target 2 is 161.800.
On a shorter time frame it has formed head and should pattern.
Also fibonacci retracement is also on important levels .
This is for educational purpose.
GBPJPY SMALL TF SETUPGbp Jpy is making a pullback to support and demand orderblock,marked in the purple box. A hold of this area can send GBPJPY to supply zone marked on charts. This setup has a good R/R and multiple confluences that it will play out. Please note: Do not risk more then 2% of capital on this trade.
GDP/USD Buy Trade in 1HWTF in Down Trend, forming a Bullish RSI Divergence
DTF is forming a Falling Wedge Pattern, BO of pattern can lead to an up move
4H is forming a bullish structure with HH & HL and now the price is in range
1H price is forming HH & HL and is near the Resistance Line, On BO with volume one can enter a long position
#GBP JPY # target 1:10 RRPerfect forecast on GJ... target 1:10 rr trade same forecast done on previous day...
#GBPJPY# LOOKING BUYIam looking to buy GJ above 165.300 possible upside continuation and expecting to an target above 168.200 waiting for confirmation.... thanks...
{=GOOD BUY OPPORTUNITY IN GBPJPY=}It seems the market is now try to touch its previous high from here it droped.
GBPJPY AnalysisSetup Contains:
1. Bullish to Bearish market Shift
2. Return To Orderblock
3. Fibonacci Retracement 79%
FOLLOW PAFX & TRADE LIKE BANKS 💸
possible bullish moment in gbpjpy well its currently in feb zone of 50-61.8 and formed downside m pattern so it will go up 166.6 to complete the pattern ... so wait for feb zone to break
GBPJPY DAILY TECHNICAL ANALYSIS Trading Ideas-
Long positions above 157.21 with targets at 172.58 & 176.72
Alternative scenario
If price goes down 157.21 look for 150.41 & 146.30 as targets.
Supports and resistances
150.41 & 146.30
172.58 & 176.72
{=GOOD SHORT OPPORTUNITY IN GBPJPY=}A big move in downward direction may continue. Use proper risk management
!Happy trading
GBPJPY - Hourly Analysis CMP 159.57 buy for target 160.3- 160GBPJPY - Hourly Analysis CMP 159.57
buy for target 160.3- 160.7- 161.1- 161.85- 162.4+
SL 158.5
GBPJPY ShortGBPJPY Short, because of support, resistant, trendlines and candlestick pattern
happy trading day guys
GBPJPY SHORT SETUPGBP JPY has a potential short trade in play. The market levels are key demand and supply areas where price is likely to react and turn around. Now that GBPJPY has retested the highs, there is likely to be a pullback to grab liquidity.
{=GOOD SELL OPPORTUNITY IN GBP JPY=}After touching the daily resistance, market is bounce back so use proper risk management.
!Happy trading
