GBP-JPY 4H TIME FRAMEGBPJPY is following a small 4H channel in a big 1D channel
A possible path of it is shown in the analysis
it could break the channel and go with the bullish trend
or it will follow the channel
GBPJPY.PRO.OTMS trade ideas
💡 Don't miss the great buy opportunity in GBPJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (147.3). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 148.10
TP2= @ 148.35
TP3= @ 149.00
SL= Break below S2
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18 Feb 2021 gold 15 min TF (missed) both sells18 Feb 2021 gold 15 min TF (missed) both sells 1st entry when candle rejected the previous support and close bearish same situation on the left hand side + 2nd entry missed sells when candle close bearish below support also clean candles to the left on 30 m
GBPJPY- BULLISH BREAKOUT-TARGET 145/147 RANGE STOP 138.5GBPYJPY broke above resistance and is targeting higher levels.
GBPJPY - JPY should go strong - Close look - 10-2-21Om Namah Shivay
The JPY should go strong against GBP with time. The validations are to be in place for confirmations.
This is for educational purpose only. No trading suggestions provided.
Om Namah Shivay
GBPJPY - The big picture - 10-2-21Om Namah Shivay
GBPJPY Big picture is complex and the further movements during recent time are too complex to break.
Om Namah Shivay
💡 Don't miss the great buy opportunity in GBPJPYTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (144.15). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 144.95
TP2= @ 145.25
TP3= @ 145.50
SL= Break below S2
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. . . . . Please show your support back,
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. . . . . . . . . . . Drop some feedback below in the comment!
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sell sell sell GJGJ is strongly sell in HTF so i will advise to sell sell sell GBP pairs GJ sell only buy is so so so weak .. dont try to buy at high , But sell at high is so good now
GBPJPY - LONGDESCRIPTION
The counter GBPJPY forms an ascending channel. The counter's prices moving between the top and bottom line of the channel from 18th January. The formation of the ascending channel indicates the counter is in a bullish mode. The price is cumulating near the top line of the channel for the past 24hrs. Since the price didn't break the topline, the bullish mode may continue further. Even if it breaks the channel, the price may move even more upwards. Ultimately long is more suitable for this condition. The upsloping movement of the MACD curves gives additional support to the description.
The major levels for this counter is
R2 –143.91
R1 –143.47
PP –142.83
S1 –142.39
S2 –141.75
GBPJPY on good buy GBPJPY is going to be long as soon as It breaks 142.35 and Target would be 142.99/143.75/144.50
Will be updating SL as we cross the buying line.
GBPJPY "short"Hello Guys!!! Welcome Back
I'm back with new prediction, If Price Touches the resistance level it will pullback to the trendline support.... So it will be the right time to take the sell position as my prediction..
If it helped Don't forget to SUB for me!
THANK YOU!!!
GBP/JPY SELL FROM 1.42 REGION - SHORT TERM SELLLooking at shorting GJ from current price when markets open looking at price action we can see that we have hit a point of resistance wed haven't broken this zone since 13th jan not only that every time we come into this area of 1.42100-1.42200 we start to see bearish price action showing this level of resistance could hold once more but you have to remember that we are in a strong uptrend so this trade would be going against the trend but its worth the shot as the risk to reward is around 1:8
we can see that we have been in a bit of consoldation recently for the past two weeks my general outlook on gj is still bullish but this move here could catch around 100+ to the downside
Reasons for sells
1. daily closure Friday bearish
2. weekly 200m respected
3. At the top of the range/at a strong level of resistance
SELL FROM OPEN WAIT FOR 11PM
ENTRY : 142.000
STOP LOSS 142.150 (15PIPS)
TAKE PROFIT 1 141.000 (100 PIPS)
TAKE PROFIT 2 140.400 (170 pips)
Looking at the overall trend of gj is bullish which means this is counter trend trade use only 1% of account balance
Trade at your own risk
GBPJPY: Still unfolding ending diagonalBuy with SL of recent low for target of new high & then short from the top to the previous fourth & the second wave of ending diagonal as a target.
