ShortGbp jpy reached fresh supply zone and price reject on this area and wait for lower time frame bos
JPYGBP trade ideas
GBPJPY weekly outlook. EXPECTATIONS FOR NEXT WEEKGBPJPY and all other major forex pairs seem to be on a bearish trend. GBPJPY has closed at a major 4hr key level which may mean that the probability of going bullish may be a good decision if we get a good bullish engulfing candle. Currently, on the 30 mins timeframe, the price has closed below support and hasn't given a proper retest nor a fib entry. This may be to force traders to take an impulse sell. However we will be waiting for the price to break the 4hr key level if we want to continue bearish or break above the 152.5 resistance level to continue bullish. If we break above the resistance, we should be good to go towards the 153.5 level or even 154.5.
GBPJPYDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said last weeks .... GJ has reached the trend line and strongly rejected ... which I still look forward to.
Even if he can make another range, I expect GJ to go down the steps to area 148 ... and from there I'll reanalyze!
THIS WEEK...GJ has already made 50% of the descent we were waiting for!
Even if it will probably retest the trend line ... my target for the next period remains 148,400
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
GBPJPY SetupLong setup on this pair.
First, it is in an uptrend, so we can use this condition as a filter in which we discard any bearish position.
We then see the price go back to old levels and create a reverse shoulder head shoulder pattern.
A conservative and safe take profit can be the last high of the price, with a somewhat loose stop loss.
Short on GBPJPYHello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it.
As we can see, the price has reversed from its RESISTANCE.
Let us know your views on this in the comment section. Thank you all.
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LONG SIDE GBP/JPYHello guys I had done this analysis which in taking 1h support at trendline and its giving good opportunity to go lone with minimum sl at below support and also please do your own analysis before taking any trade if you like my analysis please like share and do follow for more analysis
limit order strategy with high risk to reward(free knowledge) my name is benickking iam going to tell one thing about my new llimit order day trading strategy ,
1st go to h4 and see ms
2nd go to 1h and see for break of a ms
3rd you wait a channel or any pattern to break and retest in this case liquidity and smart money trading used but with retail price action
4.5 risk to reward straight tutorialmarket structure has beeen broked to the downside and then it has been acted as resistance so i took trade at it and i waited for a confirmation to come and i took that trade i kept sl at just abve the wick always trail your stop loss coz it may get affected by some ranges
11 risk to reward and 200 pips!!!in this trade i found last support and resistance of a market structure and kept sl under the before candle wicks
GBPJPY IDEA | Lets Wait and watch to BreakoutGBPJPY IDEA | Lets Wait and watch to Breakout.
Dont Trade in Consolidated Market. wait for proper entry.
Happy Trading.
GBPJPY SELLGBPJPY
Sell @ 155.85
SL 156.15
TP 154.80
Use proper money management
close this trade when you are satisfied
if price move up take entry again @ 156.00 with same SL TP
GBPJPY : Looking for great buying opportunity!GBPJPY is looking for great buying opportunity to make a to the upside & has the decency RR to make some decent profit. Always stick with risk management & then make entry.
GBPJPY SHORT IDEASHORT GBPJPY
ORDER PRICE 154.90
SL 154.60
TARGET 128.50
Analysis based on Monthly chart. So need patience and for positional trade only
If Stop Loss hit must Exit as the trend going to Change on Monthly
Idea is based on Resistance Level, Not a reversal confirmation Trade.
Those who wish to take more high probability trade can wait for reversal Candle confirmation on WEEKLY
All the best
