GBPJPY - Consolidation phase ✅ Hello traders!
‼️ This is my perspective on GBPJPY .
Here we are in consolidation from H4 timeframe perspective. I have 2 ideas here, first one, price could break the resistance and re-test it for going higher to fill the imbalance or the second one, price could manipulate only buy stop liquidity and distribute lower.
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Gbpjpylong
GBPJPY top-down analysisHello 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 buy setup 167.94 target nextgbpjpy buy setup 167.94 target next
we can see gbpjpy is in bull trend we can predict that gbpjpy can hit our target according to technical analysis.
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GBPJPY top-down analysisHello 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 (SELL) OUTLOOK H2GBPJPY is currently trading within a developing structure which we could see a push down to create another low.
Price has failed to break above 161.200 range multiple times which we should see bearish price action form for a sell opportunity.
Recommend short term selling to 155.6 range.
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GBPJPY - Daily Trade Idea - 23-Jan-23GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
GBPJPY top-down analysisHello 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 - Daily Trade Idea - 20-Jan-23GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
GBPJPY Long Simple Analysis +800 pips- Price dropped with a strong bearish move from 166 supply zone breaking the last lows on 4h.
- We can observe a consolidation after price reached 160 demand zone.
- Also we have 2 retests on 156.0 daily demand zone and price failed to form a new lower low.
- Price now at a perfect demand zone nearly at 158.00.
- We might have a big bullish move to 166.0 supply zone.
#GBPJPY- OVERVIEW NO STRONG CONFIRMATION-Due to weaker DXY , JPY dominated the last few days, price have dropped significantly, however. expecting bullish pattern to occur on DXY and that will help JPY pairs to fill up the liquidity voided area.
-As it described on the chart that price may come down to 137.60 region to retest that area and then bounce from there, however, it may not come down to that region and just continue the bullish momentum from today's close.
-Long term view on HBPJPY is bearish , in our opinion price have significantly shown bullish impulse and has taken price to an extreme and exhausted level, longer term it should come down to 150.
-What you all think?
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GBPJPY - Daily Trade Idea - 17-Jan-23GBPJPY (LONG)- If all the support holds in place.
If we see the Support broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Green Candle after the Red Candle.
- Stochastic - Oversold Area
- Timing of entry Prior / during UK / US Market Session.
GBPJPYam expecting a little drop from 156.36 down to around 155.80 zone where I will be looking out to go long once i get the trendd confirmation on the smaller timeframe.
my bias for GBPJPY is bullish till price gets to 158.00. so what this means for me is that I will be looking for more of buying opportunities than Selling
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