Gbpjpysell
GBPJPY - FOREX - 12. FEB. 2020Welcome to our weekly trade setup ( GBPJPY )!
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1 HOUR
Bullish pullback towards previous resistance.
4 HOUR
Explosion in H4 taking out 70% of previous wave structure.
DAILY
Looking for a break to the downside now in most xxx/JPY Pairs.
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FOREX SETUP
SELL GBPJPY
ENTRY LEVEL @ 142.810
SL @ 143.610
TP @ 141.210
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPJPY Short to 141.000 Because 2 Reason1. Price recently under EMA-55 & EMA-233.
2. Forming Bearish Expanding Triangle.
Indicates price in the weak condition
GBPJPY bounced from support, potential for a further rise!
GBPJPY bounced off 141.120 where it could potentially rise further to 144.432.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY Trading Plan >H4Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
GBPJPY Intraday Correction Possible >M15Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
GBPJPY - FOREX - 13. JAN. 2020Welcome to our weekly trade setup ( GBPJPY )!
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1 HOUR
At its range top.
4 HOUR
Sideways moving market structure.
DAILY
Overall bearish price, we need a drop shortly!
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FOREX SETUP
SELL GBPJPY
ENTRY LEVEL @ 142.880
SL @ 143.760
TP @ 141.130
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
My idea on GBPJPY for this weekIll be looking for Buys on GBPJPY but first we have to see a retest on lower time frames to go to the 143.00 zone to look for retest if we gonna keep going up or to go make a new lower low.
GBPJPY Intraday Plan. Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
GBPJPY SELLThere are equal lows waiting to get violated and when i drew my fibs the market came perfectly up to my 79% Level and rejected
GBPJPY SELLSo i drew my fibs and the market tapped my OTE already and rejected right off of it so i do beleive there is a short opportunity still available cause there are equal lows that do need to get cleared as well
GBPJPY bounced from support, potential for a further rise!
GBPJPY bounced off 141.280 where it could potentially rise further to 146.542.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
FURTHER SELLING OPPORTUNITY ON GBPJPY I am looking out for price to move to the level of support marked around 140.168. From this level , price then has potential to retrace up to 142.239 before making new lows to meet our targets marked as take profit one and two.
Always manage your risk, risking no more than 2% on the trade.
Stop loss, take profit levels and entry point have been marked. Trade will be updated accordingly.
Wishing you all a good trading week.
GBPJPY Analysis ( Short)The currency pair continues to lose ground against the US dollar, sliding deeper under the support at 143.00 and headed to the target at 142.00 A breach through this level could lead to a test of the next support at 141.200 and could be sign for further negative moves for the Cable. If the bears lose momentum, the bulls can take control and try to bring back the price to the levels from the beginning of the week towards the resistance zone at 142.600 and test of the next level at 143.300 Here a successful breach would confirm a positive momentum for GBPJPY
GBPJPY sell 143.200-143.400 SL 143.700 TP 142.200 TP2 142.166
GBPJPY - Weekly - THE BIG SHORT Gbjpy - monthly and weekly charts calling for big downside I'm seeing 132 before a pullback in pound yen.
GBPJPY MARKET STRUCTURE LINED UP WITH ELLIOT WAVE SETUPThis analysis shows an example of how Elliot Wave forecast used to line up with other technical indicators.
Here I'm anticipating a sell-off in GBPJPY to complete a regular Elliot Wave pattern. This pattern is most likely to complete within the blue box on the chart.
As you can see, the blue zone lined up with minor demand/support zone, the third bounce of ascending trendline, and 50-61.8% Fibonacci ratio.
I will keep eyes on it to see how it played out!
What is your bias on GBPJPY? Let's chat in the comment!
Best,
Veejahbee.
