GBPJPY BUY | Idea Trading AnalysisGBPJPY is moving in an UP trend channel, is trading along the rising support
And as the pair will soon retest it I am expecting the price to go up To retest the supply levels above at
The chart broke through the dynamic support, which now acts ...
We expect a decline in the channel after testing the current level.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great BUY opportunity GBPJPY
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad
Gbpjpyidea
#GBPJPY 1DAYGBPJPY Daily Analysis
The GBPJPY pair is approaching a significant trendline resistance on the daily chart, suggesting a potential reversal or rejection from this level. This resistance line indicates strong selling pressure, making it a prime area for bearish setups.
Technical Outlook:
Pattern: Trendline Resistance
Forecast: Bearish (Sell Opportunity)
Entry Strategy: Enter a sell position if the price confirms rejection at the trendline resistance through bearish price action signals, such as bearish engulfing candlesticks or lower highs.
Traders should closely watch indicators like RSI for overbought conditions or MACD for signs of weakening bullish momentum. Ensure proper risk management with stop-loss orders placed above the resistance line and profit targets set at nearby support levels.
Scenario on GBPJPY 12.12.24On this graph, a correction structure has formed beautifully for us, which has reached the price zone of 200, where we have monthly levels and support, we currently have two scenarios here, the first is the bullish one and that is that we will get above the price of 193.900 and we will go to retest the level around prices of 200 or we will not break or hold this zone and a bearish scenario would be possible.
GBP/JPY "The Guppy" Forex Market Heist Plan on Bullish SideHi there! Dear Money Makers & Robbers, 🤑 💰
Based on Thief Trading style technical analysis, here is our master plan to heist the GBP/JPY "The Guppy" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. So Be Careful, wealthy and safe trade.
Entry 📈: Acceptable anywhere; I advise placing buy limit orders within a 15-minute Chart. The entry for the Recent/Nearest Low Point should be in pullback.
Stop Loss 🛑: Using the 2H period, the recent / nearest low level.
Goal 🎯: 198.500
Scalpers, take note: only scalp on the long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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GBPJPY next possible move🔴🔴 DIFFERENCES BETWEEN AMATEUR TRADERS AND SUCCESSFUL TRADERS
💡 Amateur Traders:
❌ Rely on "27" technical indicators without a clear strategy.
❌ Are influenced by the opinions of others.
❌ Make decisions based on emotions rather than logic.
❌ Take reckless risks, often due to a lack of preparation.
🔥 Successful Traders:
✅ Analyze price movements with precision and discernment.
✅ Prepare clear action plans and adapt quickly to new market data.
✅ Use structured trading systems to minimize uncertainty.
✅ Take calculated risks based on rational analysis and probabilities.
⚠️ Lesson: Don’t let emotions or external noise dictate your decisions. Be methodical, structured, and disciplined. That’s where the key to trading success lies.
🎯 Which category do you choose to join today?
#GBPJPY DAILYGBPJPY Daily Analysis
The GBPJPY pair is approaching a significant resistance level on the daily chart, where selling pressure has historically emerged. This zone indicates a potential reversal area, providing an opportunity for a sell position if the price fails to break above the resistance.
Technical Outlook:
Pattern: Resistance
Forecast: Bearish (Sell Opportunity)
Entry Strategy: Enter a sell position if the price shows rejection at the resistance level.
Traders should monitor for bearish signals such as reversal candlestick patterns (e.g., shooting star or bearish engulfing) or indicators like RSI reflecting overbought conditions. Proper risk management is essential, with stop-loss orders placed above the resistance level and targets set at nearby support zones.
#GBPJPY 4HGBPJPY 4-Hour Analysis
The GBPJPY pair has recently broken above a key trendline on the 4-hour chart, indicating a shift in momentum to the upside. However, to confirm the breakout's validity, it is advisable to wait for the price to retest the trendline, which may now act as a support level, before entering a buy position.
Technical Outlook:
Pattern: Trendline Breakout
Forecast: Bullish (Wait for Support Touch, Then Buy)
Entry Strategy: Buy on a successful retest of the trendline, supported by bullish price action signals.
Traders should watch for confirmation from bullish candlestick patterns, such as a bullish engulfing, or indicators like RSI and MACD showing upward momentum. Place stop-loss orders below the retested trendline to manage risk effectively. Target higher resistance levels for potential gains.
GBPJPY - Look for Continuation Short (SWING) 1:6.7!The market is clearly shifting, with bears taking control. We just need to wait for the price to reach the right zone for a continuation toward the nearest demand zone to secure profits.
Let's see how the market reacts to this zone.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GJ Still Looks BearishWe're looking to SELL again after the correction...
- Still creating LLs and HLs
- Broke and closed below daily TL
- Trading below major QP 190
Possible entry around 190.2-190.5 but only if you see some bearish price action at these levels
Conservative entry would be a break below 189.5
Stop Loss above 190.5
TP1 188.75
TP2 187.5
TP3 185
I will update if trade becomes active...
GBPJPY: First target reached 900+ Pips, Now Time Second Entry! Dear traders,
Hope you are doing good, we have an excellent selling opportunity on GJ, our first entry has dropped as explained. We now eying at a possible small buy side correction which will give us enough room to execute a very well balanced selling entry. If you like our work then like and comment our ideas.
Thank you
#GBPJPY: UPDATED VIEW 24/10/2024 **GBPJPY UPDATED VIEW BASED ON PREVIOUS ANALYSIS**
Dear Traders,
I hope you are doing well. Based on our previous analysis of GBPJPY, we identified two potential selling opportunities within the market.
However, the bullish sentiment in the DXY currency pair has had a significant impact on JPY, causing it to fall short of its full value within the daily timeframe. As of today, we have observed a potential exhaustion of DXY’s bullish momentum, with four-hour candles indicating a strong bearish pressure. This development presents an opportunity for JPY to rebound, potentially allowing us to secure substantial profits within the market.
Now, let’s focus on the GBPJPY currency pair. The price has extended its bullish trend, although there is a possibility of a reversal from its current position. We recommend implementing appropriate stop-loss orders for any sell entries taken from the current market price. If the initial entry fails, we are confident that the price is likely to reverse from our second entry.
Before making any decisions based on this analysis, it is essential to conduct your own research. This analysis is solely for educational purposes and should not be considered financial advice.
We appreciate your feedback and support. If you find our work valuable, please consider liking and commenting on our ideas. Additionally, following us will provide us with encouragement and motivation.
Best regards,
Team SetupsFX_
GBPJPY "The Guppy" Bank Money Heist Plan on Bullish SideOla! Ola! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist GBPJPY "The Guppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY - Look for Continuation Long (SWING) 1:4!GBPJPY isn’t showing any signs of reversal yet, especially following the election of Japan’s new PM and the recent BOE decision to maintain interest rates. Technically, the price appears to be forming a symmetrical triangle, suggesting a potential breakout from the resistance trendline. If confirmed, this could propel the price to the next Supply Zone on the higher timeframe.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
GBPJPY breakout?GBPJPY after forming multiple Liquidity Candle started to breakout from the resistance. As it is a long term bull market, lower timeframe currently aligning with the higher timeframe and 4h candle is currently closing above the resistance line. We may see potential breakout and may continue to bounce to daily resistance line.
As of with liquidity flow is bullish, we are on a bullish trade expecting to bounce with the upcoming news announcement.
GBPJPY: 1st Trade Of The Week Hit Final Target. What's Next?My Bullish bias hasn't changed. GJ hasn't found a ceiling yet so we're still looking for buys.
Our first trade was successful, giving us +100 pips. Now we are looking for some type of correction, pull back or bullish flag, then a continuation up.
Key Res around 196
Key Sup around 194.56
I will try to update if I decide to take a trade.
GBPJPY "The Guppy" Bank Money Heist Plan on Bullish SideBonjour! My Dear Robbers / Money Makers & Losers, 🤑 💰
This is our master plan to Heist GBPJPY "The Guppy" based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss 🛑 : Recent Swing Low using 2H timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
GBPJPY "The Guppy" Bank Money Heist Plan on Bullish SideHallo My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist GBPJPY "The Guppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 2h timeframe
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂b