GBPJPY H1 / Long Entry Confirmation ✅Hello Traders!
This is my idea related to GBPJPY H1. I see a confirmation for a long entry after the retracement until the price of 189.700. It reacted perfectly from the OB H1 and I expect to see a bullish move until the price of 190.600.
Traders, if my proposal resonates with you or if you hold a divergent viewpoint regarding this trade, feel free to share your thoughts in the comments. I welcome the opportunity to hear your perspectives.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com
Gbpjpyprediction
GBPJPY: Our Bias Has changed, We are now targeting 190.00 area.OANDA:GBPJPY price breakthrough and left very strong lows, in our view, price will remain bullish. There are two possibilities at the current area, price can just shoot up to 187-188 price area. Or drop in the region of 180 and then bounce back from there. However, JPY pairs move fast and most of the time when they leave strong lows or highs they create a big move.
For these reason we are bullish.
GBPJPY: Heading towards 192.00 region! GBPJPY made a small correction, price rejected at key level and since then it has been bullish, we can expect price to hit 192.00 as it remain a crucial level to sell. If we looking at the entry criteria we can enter now with 100 pips stop loss and 500 pips tp.
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 - Potential short ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, as price started to form lower lows and lower highs, so I look for a short. I want price to continue the retracement to fill the imbalance and then to reject from bearish order block + institutional big figure 190.000.
Like, comment and subscribe to be in touch with my content!
GBPJPY I Forecast and Yen Fundamental Analysis Welcome back! Let me know your thoughts in the comments!
** GBPJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
GBPJPYPair : GBPJPY ( British Pound / Japanese Yen )
Description :
Rising Wedge as an Corrective Pattern in Long Time Frame with the Breakout of the Trend Line
RSI - Divergence
Completed " 1234 " Impulsive Waves and Rejection from Fibonacci Level - 38.20%
Bullish Channel as an Correction in Short Time Frame
GBPJPY Technical Analysis and Trade Idea (video)This is a video explaining my previous screenshot
On the higher time frame, the #GBPJPY exhibits a bullish trend with a recent retracement into an equilibrium zone. As we delve into lower timeframes, we want to lookout for specifically, a double bottom setup followed by a break below the previous lows, a robust rally, and subsequently, a higher low formation with retest and fail of a range at support.
However, it’s paramount to acknowledge the inherent risks associated with trading. Always conduct thorough research, considering both fundamental market drivers and the broader macroeconomic landscape, in addition to your technical analysis. Implement sound risk management strategies to safeguard your capital.
Disclaimer: This analysis provides a technical perspective on AAPL and should not be construed as investment advice. Tailor your trading decisions to your specific risk tolerance, informed by comprehensive market research and a holistic assessment of all relevant factors.
GBPJPY Technical Analysis and Trade IdeaOn the higher time frame, the GBPJPY displays a bullish trend with a recent retracement into an equilibrium zone. As we delve into lower timeframes (15m - 5m), we should closely monitor specific price action patterns. Look for signs of a double bottom setup followed by a break below the previous lows. Anticipate a robust rally and subsequently, a higher low formation with a retest and failure of a range at support.
However, it’s paramount to acknowledge the inherent risks associated with trading. Always conduct thorough research, considering both fundamental market drivers and the broader macroeconomic landscape, in addition to your technical analysis. Implement sound risk management strategies to safeguard your capital.
**Disclaimer:**
This analysis provides a technical perspective on GBPJPY and should not be construed as investment advice. Tailor your trading decisions to your specific risk tolerance, informed by comprehensive market research and a holistic assessment of all relevant factors.
GBPJPY 1.04% Return Trade ClosedGood Morning guys, I just not to long ago closed this buy on GBPJPY - I Took the trade yesterday evening and held it (during the Asian session overnight) I just woke up
Let me explain why I took this trade
These are my confirmations\questions >
Question 1 - Was GBPJPY in momentum (bullish or bearish)?
Yes, GBPJPY was in bullish Momentum at the time of me looking at it
Question 2 - Who was interested (at that time)?
Buyers were interested at that time
Question 3 - Where were their stop losses?
Stop losses would have been right below the highlighted levels (purple circles) & below the purple horizontal line (break out buyers)
Question 4 - Have those stop losses been taken out?
Yes I believe Stop losses would have been taken out already on GBPJPY (Red X)
Question 5 - Did the set up make sense for me to pursue?
Yes I believe it made sense for me to pursue this trade given the information I had
When I woke up GBPJPY had a moved a massive 1:7.55 RRR, considering the fact that I risked 0.25% on this trade that would have meant had I closed at that RRR I would have taken home about 1.88% on this trade
BUT, as you can see where I closed it, GJ had already pulled back a significant degree and in fear of it pulling back more and taking away more profit from me, I decided to close it (plus I'm going to be really busy today so I don't have the time to actively trail my stop as it goes further (which I do believe it can)
My broker also shows a gap (I use ICM, whereas FXCM (tradingview) does not show a gap, which means manipulation is occurring somewhere in this area
I closed the trade at 1.04% Return, doesn't sound like much but do the math on it from a much bigger account and tell me if you think it is worth it
Plus I literally have been having an excellent week where I haven't lost any trades for the week, I'm on fire this week, let's see if I can keep it up
I have many more confirmations I look for, this is just to simplify it so that I can quickly explain to you the reader
Downvote\don't Boost if you didn't read this post and didn't try to understand
OR
Upvote\Boost if you did read this post and did try to understand
*Why don't I show my lot size?*
*How much money I make is no where near as important as HOW I took the trade*
GBPJPY Long Term Buying Trading IdeaHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
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.
GBP/JPY Sell idea from the resistance LevelGBPJPY's strong uptrend has run into a roadblock recently. The level of 190
is proving to be a hard nut to crack for the GJ bulls.
Technically, the price has reached the top of the price channel in the GBP/JPY daily
chart. Fundamentally, with the interest rates in Japan being so low compared to
Britain, the Japanese Yen is inherently weak against the British Pound. So, this needs
to be kept in mind too.
That being said, if there is bearishness around the 190 level, there is potential
to sell GJ@189.50-190 with Stop Loss above 190 and TPs at 187.185 and 181 respectively.
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 I Potential intraday long from support Welcome back! Let me know your thoughts in the comments!
** GBPJPY Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
GBP/JPY SELL from 1.9364GBP has been weak since late yesterday and has steadily sold off and this sell off has been accelerated by the CPI miss this morning at 07:00 where the expected CPI reading of 4.1% missed by .1%.
GBP has sold off aggresively since and there no sign that this sell off has finished.
I'm SHORT GBP/JPY where price is breaking down support at 188.94.
There's quite a decent amount of support under the current price coming in at 188.68 which is the 100 EMA on H1 and WPP mid pivot.
If price can break through these levels we should be good to reach 188.14 which is the 200 EMA on H1.
The Andean Oscillator is adding weight to the analysis as we can see the red SELL line is advancing and coming to meet the signal line.
There is a potential market mover at 15:00 BOE Governor Bailey is on his feet.
STOP for this trade is tight at 189.14.
GBPJPY Technical Analysis and Trade IdeaGBP/JPY has encountered a significant resistance level on the monthly timeframe. This level has demonstrated a strong history of price rejection. Furthermore, the pair's overextended state, following a sustained bullish run, signals a potential retracement.
Trade Strategy: A retracement to the 61.8% Fibonacci level on the 1D could present an optimal entry point for a buy position. Seek confirmation of this setup from a daily timeframe price swing aligning with the Fibonacci level. Implement a stop-loss order below the previous swing low, maintaining a minimum risk-reward ratio of 1:2.
Disclaimer: This analysis is for informational purposes and not financial advice. Always conduct your own research and risk assessment before trading.
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 H1 / POSSIBLE BREACH OF THE STRUCTURE 📉Hello Traders!
This is my idea related to GBPJPY H1. I expect a retracement after GJ will set a new BOSS. If confirmed, I will set two Take Profit levels. The first one is at the FVG H1, where is also the FIBO 50%. The second TP I will set at the BOSS level. I'm very curious about next week's move on GJ.
Keep in touch!
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com