Two 4hr candle theory.Executing sells according to HTF bias and going down to the LTF to find my entries.
Gbpjpyshort
GBPJPY H1Here is my view for GBPJPY on H1. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
gbpjpy short here is my gbpjpy short idea
its based on
market structure - formed a bearish W formation - overall bearish on 1h tf
trading session - end of asia , beginn of london
currency strength on last hour, jpy strong, gbp weak
im thankful to see how this setup plays out
GBPJPY SELL IDEAHere is another trade i took,but first took a loss,and then re-entered a trade when it showed bears gained some power
Now selling $GBPJPY Trade type AAA
My previous idea:
Reasons for taking this trade.
- After the small rally (see idea above) apparently we hit daily SND zone.
- We are at premium price levels.
- Main bias is sell.
- 4HR has closed really bearish
gbpjpy shorthere is my gbpjpy short idea
its based on
market structure - very bearish, trading under weekly pivot, created lower highs and lower lows which been tested already
currency strength - gbp very weak , jpy strong
tradingsession - london asia pair - currently in middle of london which ends in 4h already, so gbp will probably not gain strength again
im thankful to see how this setup plays out
JPY Pairs 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 Sell Setup ~960pipsPrice has been in a correction on the Weekly and Daily Timeframes, with multiple break of structure to signify a bearish momentum.
Price has currently consolidated and is distributing at the dynamic support turned resistance.
I would be looking to sell GBPJPY for about 960pips to 153.99.
**As always, trade cautiously.
GBPJPY: BEARISH OUTLOOKThe GBPJPY trend for the month of March has been quite bearish, with the pair experiencing a significant decrease in value from 164.505 to 158.549, representing a decline of approximately 550 pips. This decline has been consistent across both daily and H4 time frames, indicating that the bearish order flow is quite strong and sustained.
Despite this trend, there was a notable correction in the GBPJPY pair's trajectory, where the price experienced a deep correction to the 164.230 region, creating a double top pattern. This pattern drove the price further down to the 159.188 region, reinforcing the bearish structure.
As the bearish structure is still intact, there is a high probability that the pair will continue on its downward trajectory. However, there may be a temporary push towards the 161.419 region before experiencing further downward pressure. It is important to note that any upward break of the 2nd layer trendline would signal the possibility of buyers gaining control, which might be an indication of a potential trend reversal.
Based on this analysis, my short term target would be 159.750 value within the support zone while my medium term target is contingent upon the breaking of the support zone. If broken, I will be targeting the 158.362 liquidity zone.
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 suspect short for 158.80weekly chart is bearish and broke last week low. suspect strength in jpy for coming days even for weeks. Supply zone for short 163.20-164.10. stop loss 164.40, initial target 160.60, longer term target 158.80.
GBPJPY - Expect retracement ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Here we are in a bearish market structure from H4 timeframe perspective, so I am looking for shorts. I expect price to continue the retracement to fill that huge imbalance higher and then to reject from bearish order block, as well we have there most orders as per volume profile .
Like, comment and subscribe to be in touch with my content!
GBPJPY - FUNDAMENTALS WITH SECHNICAL BIAS#GBPJPY
- According to the GBPJPY analysis we gave the previous day, the GBPJPY SELL SIDE WAVE was moving very well in the previous days. The reason for that was FUNDAMENTALLY STRONG JP10Y STRONG JPY STRONG causing GBP WEAK. And because the MARKET SENTIMENT is STRONG. XXXJPY has been selling very fast since last week.
- JPY has become somewhat STRONG as VIX is slightly UP. Due to this, STOCKS and XXXJPY CURRENCY were slightly SELL. GBPJPY also SELL because of that. But now there is a bit of RISK ON BIAS. Therefore, GJ can be BUY in the future.
- Currently, GBPJPY LONG TERM can move up to the LEVEL of 156.77. Also, according to the GBPJPY STRUCTURE, it can move up to the 162.14 RESISTANCE LEVEL before SELL.
Therefore, attention should be paid to MARKET UPDATES and MARKET SENTIMENT. Currently, the MARKET is somewhat RISK ON. Therefore, XXXJPY will be a BUY in the future. Therefore, pay attention to the CURRENT MARKET SENTIMENT.
GBPJPY Showing Strong Bearish SignalsGBPJPY appears to be gearing up for a strong bearish move.
There was a strong rejection from the supply zone evident on the weekly TF.
Take profit target will be area near the trendline support.
GBPJPY - ShortsI am anticipating a short in this pair as price has become bearish. I have marked out a zone where i believe that price will retrace to and then sell off from.
Once price hits this zone i will look for my confirmation entry. I am expecting to see 161.00 area as target
Happy Trading
GBPJPY BEARISH SELL NOW CONFIRM TRADEas per my method gbpjpy has tapped at my poi and also gave the confirmtaion so we can enter for sell in gbpjpy
always use stoploss and enter only after confirmation,
i am not your paid consultant so cant update you accordingly, thanks!
GBPJPY H1 Sell EntrySell gbpjpy at current price .
after 25 pips prpfit set BreakEven at entry Point
Follow money management
GBP JPY - Short Observed on Weekly Time FrameThe weekly chart for GBP JPY is telling a story. It starts with showing a broken trendline. As you can see on my chart, the trendline is broken to the downside and then retested (also retesting a major level of resistance). At this meeting point, a weekly pinbar is formed (highlighted in green). Price shows us a rejection as its reaction. There are only 3 main objectives from this point:
1. Set a stop loss
2. Set a target
3. Let price do its thing
GBP/JPY NFP 11/03/2023beautiful sell on Gbp/Jpy, Japanese Yen showed extreme strength during NFP . waiting for price to reach the order block before entering for the sell.
with major news ahead I moved my stop loss to break in profit but price continued to my take profit successful end of the week...
Sell GBPJPYTechnical analysis for GBPJPY. Price retouches resistance for a 3rd time and will likely fall from y
here.
GBPJPY short to 161.000Im longterm bearish and now we hit 163.000 weekly level and could expect a drop to 161.000. But we have to stay below 163.000.
Trend Following Strategy EntryGBJPY is currently in a strong uptrend on the 60m timeframe. It has just produced a higher high, higher close candle at the bottom of a descending channel - both of which are bullish signals.
I have entered at the open of the 12:00 candle and will hold until a retest of the previous structure high.
