GBPJPY trade ideas
GBPJPY Analysis Market forming an rising wedge pattern structure
Wait for the trend line support breakout after entering the trade
Target 1 166.000
Target 2 164.074
{=GOOD BUY OPPORTUNITY IN GBPJPY=}It seems the trend is moving towards where it had dropped lastly. So use proper management.
!Happy trading
GBPJPY SETUPGBPJPY long setup, if demand area holds. Look for bullish candle confirmation before jumping in long.
GBPJPY Sell trade opportunitiesGBPJPY Breakout support trend line is a very good opportunity to take a short trade here with stop loss above the support area
"Always trade with Stop Loss"
GBPJPY "daily" and "H4"Hello , traders
With the help of Elliott and Price Action strategy, the GBPJPY trend
gbpjpygbpjpy as shown in picture, consolidation breakout can cause 2 moves either up or down the important levels are 159 for short and 161 for bullish senario. also gbpjpy is right now in channel so we also need to consider that.
{=GOOD SELL OPORTUNITY IN GBPJPY=}A flag pattern appears in higher timeframe. It may continue its trend. Use proper risk management.
!Happy trading
GBPJPY ANALYSIS OVER H4 CHART.Gbpjpy currently moving in downward trend, Looking for short term Selling Opportunities.
GBP/JPY Possible Bullish runPrice broke from 160.180 is a clean indication for price to move up, Wait for a retest and then GBPJPY is ready to go up till 161.100
bearish trianglePossible bearish triangle bouncing off of resistance. I also see a gap on the 1 minute TF @ 158.02
overall trend of gj in my opinionbroke year long range in march, created a new HH,
then pulled back to retest that level which was
once resistance for a year, to now turn into a level
of support, with a decent rejection to that level,
and breaking structure to the upside, price is now above both MA'S
BIG SHORT for GBPJPY HnS FormationGBPJPY has formed Head and shoulders pattern in bigger frames.
Neck line is broken and is at retest.
Can go short after breaking of lows.
Hold for positional for bigger targets OANDA:GBPJPY
{=GOOD SELL OPPORTUNITY IN GBPJPY=}After an long rally its now moving in downward. Use proper risk management.
!Happy trading
Occur Head And Shoulder Chart Pattern in GBPJPYPrice can go down its opportunity to short term for sell because occur HEAD AND SHOULDERS chart pattern in GBPJPY
GBP/JPY Might go for a bullish run!The Level has been rejected properly and now it is most likely to pump up with Buyers gang.
GBPJPYWait for the trendline support level breakout after enter the trade, market forming an head and shoulder pattern
GBPJPY Daily Technical AnalysisOur Predictions are
Sell positions below 158.000 with targets at 152.50 & 149.200 in extension.
Alternative scenario
Above 158.00 look for further upside with 170.100 & 173.500 as targets.
Note
The RSI indicates further upside
Supports and resistances
152.500
149.200
158.000
170.100
173.500
gbpjpy against trade for daniel savageprice going to hit my way
The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.
