GBPJPY SWING SHORT Price is in a bullish trend on a bigger time frame how ever , price has reached a strong vertical resistance level , bearish movement to follow , for entries will use smaller TFShortby Teesmakay3
GBPJPYGBP/JPY 1-Hour Analysis: Bearish Reversal at Fibonacci Resistance Chart Overview: This GBP/JPY 1-hour chart analysis highlights a potential bearish reversal setup at a key Fibonacci resistance level. The chart shows recent price action characterized by higher highs (HH) and higher lows (HL), suggesting an uptrend. However, there is an indication of a potential reversal. Key Points: 1. Higher Highs and Higher Lows: - The price action has been forming a series of higher highs (HH) and higher lows (HL), indicating an uptrend. These points are clearly marked on the chart. 2. Fibonacci Retracement: - The 61.80% Fibonacci retracement zone around 200.400 is identified as a critical resistance area. This level is often watched by traders for potential reversals or pullbacks. 3. Support and Resistance Levels: - Resistance: The 61.80% Fibonacci zone (200.400) is highlighted as a strong resistance area where the price might reverse. - Support: The low marked on the chart around 197.400 is identified as a significant support level. 4. Price Projection: - The analysis suggests a potential bearish reversal from the 61.80% Fibonacci resistance zone. The projected price path indicates a decline towards the support level around 197.400. 5. Trend Analysis: - Although the recent trend has been upward, the approach to the Fibonacci resistance level suggests caution. The potential reversal could signal the start of a new downtrend or a significant pullback. 6. Market Sentiment: - The sentiment is cautiously bearish at the Fibonacci resistance zone, with expectations of a price reversal leading to a decline towards the support level. Trading Plan: - Watch for bearish signals around the 61.80% Fibonacci resistance zone (200.400). - Consider shorting opportunities if bearish confirmation occurs at the resistance level. - Place stop-losses just above the resistance zone to manage risk. - Target the support level around 197.400 for potential take-profits. This analysis suggests a potential reversal at the key Fibonacci resistance level, providing a possible shorting opportunity for traders. Ensure proper risk management and stay updated with any external economic factors that may influence the price movement.Shortby harshkjogadia3
Price at support zonePrice at support zone and the zone has been tested multiple times. If the zone breaks with good bearish candle we can expect a downside till the last swing level.Shortby WickiddUpdated 4
GBPJPY SCALPING TRADE ANALYSIS 30/05/2024GBPJPY SCALPING TRADE ANALYSIS. If market sustainBELOW 199.656 then you can take long side tradeLongby The_Maximus_Scalper2
GBPJPY NEXT MOVE (looking bullish)(13-05-2024)Go through the analysis carefully, and do trade accordingly. Current price- 195.500 "if Price stay above 194.000 then next target is 196.500 and 197.700 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.Longby AnupZiddiUpdated 3347
GBPJPY LONGS IDEAmy longs idea for gbpjpy lets see how it goes if we get the retracement back into the demand belowLongby chukwudionuka5765
GBPJPY TRADE SETUPGBPJPY has touched it's supply zone. It may fall a bit in daily basis Swing Target 179.00Shortby herbvatika0
GBPJPY NEXT MOVE (WAIT FOR PERFECT ENTRY)(05-04-2024)Go through the analysis carefully, and do trade accordingly. Current price- 191.300 "if Price stay above 189.500 then next target is 192.300 and 194.200 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.Longby AnupZiddiUpdated 1120
GBP JPY PRICE - FLY MODE ON TILL 191.170 MARKED PRICE LINE GBP JPY PRICE - FLY MODE ON TILL 191.170 marked price going to break mondays high level zone follow for more live updates @FOREX_TRADER_007 Longby FOREX_TRADER_0074
GBPJPY NEXT MOVE (WAIT FOR PERFECT ENTRY)(29-03-2024)Go through the analysis carefully, and do trade accordingly. Current price- 191.100 "if Price stay above 189.500 then next target is 191.800 and 193.000 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.Longby AnupZiddi5536
GBPJPY NEXT MOVE (WAIT FOR PERFECT ENTRY)(22-03-2024)Go through the analysis carefully, and do trade accordingly. Current price- 190.800 "if Price stay below 189.500 then next target is 191.800 and 193.000 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.by AnupZiddiUpdated 27
Looking for ShortGBPJPY is looking for short after forming reversal formation & clear movement to the downside to reach at 189.500Shortby sohaibfx1
GBP JPY PRICE WILL BE DOWN FALL TILL 191.044 PRICE TAKE A SHORTGBP JPY PRICE will be DOWN FALL TILL 191.044 PRICE take a SHORT ENTRY, and also for more live updates @FOREX_TRADER_007 Shortby FOREX_TRADER_0072
GBPJPY MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.Longby okako_trading116
Looking for LongGBPJPY is looking for buying opportunity after forming larger flag & expecting a movement to the upside. Target to expect at 195.000Longby sohaibfx4
GBPJPYgreen line goes up and red line goes down.- long. predicted usd us industrial production and sentimentLong00:06by Mukeshjohn19820
sale idea in gbpjpywe can see clear rejection of price at 189.00 at 30m time frame we can sale here SL above 189.1 and traget ration 1-2Shortby ostwal112
$GBPJPY Looking for major trend revrsal?OANDA:GBPJPY pair looking for major trend reversal in elliot wave perspectiveShortby RahulRocky6
Repeat of November 2024 Entry 188.368/188'02/187.600 Another hammer keeps price from growing lower 187.600 Pair has topped out twice. Pair dipped at to buying places to see if divergence has happened and every time it buys off support. 189.890 doesn't get seen maybe we have a break resumption and breakout. I assume we have a bullish continue upwards as long as price plays above or in 188.07/180 Mn id buy and hold 197_200 and fhats why, I say those dips makes sense to.buy on this low and risk 4_5 dollars for a whole 100_200 by GCGoldenCircle0
Just an setupAs we can see the gj is on the crucial support but if you see in left there is a reactive zone of lvl 188.261 and we can see a retracement form that lv please wait till that close close below that lv otherwise do not take teh trade os sells below that lvlby umairkhan0520010
GBPJPY NEXT MOVE (expecting a decent correction)(29-02-2024)Go through the analysis carefully, and do trade accordingly. Current price- 189.300 "if Price stay below 190.756, then next target is 188.300 and 185.000 -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of principal to follow any position. Support us by liking and sharing the post.Shortby AnupZiddiUpdated 42