JPYGBP trade ideas
gbpusd good buy positiongu just broke ressistence in4h and just restested its best time to take a buy position
GBPJPYFX:GBPJPY
Please note that we are not a Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
GBP JPYSell and Buy points
Reason.: may make H&S pattern in Daily chart
Use proper risk management.
Thank you
For Education Only - GBPJPY PairHello Traders,
Hope you all are doing good!!
My analysis on GBPJPY is bullish biased, If you look at daily time frame and draw Fibonacci Retracement from swing low to swing high you can clearly see price tested at 0.62 fib level.
Now if you go to weekly time frame you can see this week was doji and previous week was huge bear candle so now I'm expecting bullish candle in next week because it can form a morning star in weekly time frame if it gonna be so.
Now open 1H time frame and look at that 1H rejection candle at 0.62 fib level drawn on daily time frame which gives us a little strong indication of what the analysis is,
and that weekly doji is now consolidation in 1H time frame, there are key zones also at 0.62 fib level in daily which makes it area of confluence.
NOTE : COMMENT DOWN BELOW IF YOU NEED DIFFERENT TIME FRAME CHARTS.
Disclaimer : Don't blindly follow anyone's analysis, research on your own then trade.
I hope you like my analysis, if you do hit that thumbs up and follow me for more!
Thank YOU!!
gbpjpy buygbpjpy provides a golden nuy opportunity as gbpjpy comes at 61.8% fibo level, and also taken support on daily basis. go long for gbpjpy. FX:GBPJPY
GBPJPY BUYPretty much expecting a textbook breakout above the zone to see more correction on the daily.
GBPJPY ShortLooking for Potential short setup in GBPJPY, HTF Order flow is bearish , hence i'm looking for potential sells at given POI
gj triangle patterngbpusd is under triangle if it breaks down then continues down upto 100 pips if breaks up then continues up for 100pips
GBP JPYUpdate.
forming Pennant pattern in 30m chart.
Possible to go on both side.
So use proper risk management.
Thank you
GBPJPY SELL TO BUY BULL FLAG SETUPGBPJPY clear bull flag continuation of the bullish momentum on the higher time frame
price actionuptrending GBP/JPY
Going long after seeing some Price Action levels and Bullishness
Good RR of 2.5
