GBPJPY AnalysisSetup Contains:
1. Extreme Mitigations
2. Break of Structure
3. Return To Orderblock (Expecting)
FOLLOW PAFX & TRADE LIKE BANKS 💸
GBPJPY trade ideas
GBPJPY confluence SetupLooking from H4 TF we're currently on a retracement from a concluded Bullish impulsive move. while the retracement is ongoing, a lot of liquidity traps are been left behind. There is a possibility of some more sell setups to complete a deeper retracement but from this setup we are looking to buy as we have a confluence of trend, minor liquidity wipe, order block and fib level. so we are looking buy before we see further reaction of the market
GBPJPY NY tradeTook a minimum loss in GJ anticipating price push further up...keeping daily bias as buys in mind..But did not play out
GBPJPY Breakeven tradeAnother breakeven trade in NY, It has been a hard day for GJ..too volatile, no significant volume so far
GBPJPY BREAKEVEN TRADEA breakeven trade to start the day, not a high probable trade even though the HTF's are bullish because of the ugly range at left
short GJH4 demand and one hour strong resistance. It forms like a head and shoulder chart pattern and i believe that price is gonna flood down.
{GBPJPY GOOD SELL OPPORTUNITY}Get ready for the huge bearish momentum. Wait for the setup.
!Happy trading
GJ ANALYSISConfluence:
1HR unmitigated demand level/ support area
3 push down completed cycle
support from 100 MA
OVerall uptendin HTF
GBP/JPYRSI is making a hidden bullish divergence as price is making a higher low but RSI is making a lower low. Price is trading above 60 RSI levels in Weekly chart, and in 4 Hr chart RSI is gaining momentum,
GBPJPY sells in pre NYTook GJ sells in pre NY, loss trade of -13 pips and -1% loss, no chance to manage
GBPJPY buys in pre london sessionAnticipated prelondon volume comes in after making a nice bottom wick, It formed a support , as higher timeframes are bullish
GBPJPY Short ProjectionSetup Contains:
1. Daily Liquidity ✔
2. HTF Point Of Interest
3. Break of Structure
4. Return To OrderBlock (Expecting)
FOLLOW PAFX & TRADE LIKE BANKS 💸
Breakeven trade in NY session in GJToday, I have taken breakeven trade in GJ, as the volatility is really hughe, managed quiet aggressively keeping left side ugly range in mind
{=POSSIBLE PROJECTION OF GBPJPY=}GBPJPY is building a nice bearish structure in future it is expected to be bear. Wait for the right setups
!Happy trading
GBPJPY Long predict Trend reverse from the trend line and match the FIB 61.8 so we can expect some more possibility to go UP
GBPJPY trade todayToday taken a trade in GBPJPY on london open...secured +20 pips and runners running
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
