Buy opportunity GJEnter with not hesitation following price action
Hammer formed with high volume that's mean potential bottom is there heading to upward momentum resume.
RRR 3:1
Let's go
JPYGBP trade ideas
GBPJPY institutional manipulation phaseI’ve capitalized on the nice swings in price action this week—could there be one more opportunity? I’m closely watching for a break in structure to the downside, as my overall weekly bias remains short. This move could result in a strong push lower or a smaller breakout to the upside before resolving. We’re currently in a major zone, and breaking this trend could signal a test of the lows with potential continuation. My weekly bias is informed by analyzing the COT report to track large speculators and leveraging tools to gauge retail sentiment.
Bullish bounce off 38.2% Fibonacci support?GBP/JPY is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 190.12
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 188.48
Why we like it:
There is a pullback support level.
Take profit: 192.52
Why we like it:
There is an overlap resistance level that lines up with the 78.6% Fibonacci retracement.
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Asian Session GJ, No trade This is a technical analysis on GJ in Asian session, this analysis in the simplest terms explains why not to take a trade for GJ. In theory, there was no setup for a break-out trade. I personally could not see R/S to trade off and make an entry for breakout trade, as I belive there was no range/consolidation happening left to right. So to sum it up, there was no entry point, no target, nor any SL, Hence no trade day. This is for education purpose only, not as financial advice.
Asian Breakout trade GJThe setup for this trade is strictly technical, based on reading the chart on LTF (15min & 30min). The plan of attack behind this trade is based on breakouts, from resistance and support which I have noted on the chart by analyzing areas of consolidation and rejection levels. This is for education purposes only. Not attended for advice on what trade to take.
Follow This Downtrend Channel on Gbp Jpy for Massive GainsI carved out a downtrend channel on GBPJPY so you can follow along and make massive gains all through this month. You can choose to buy low and sell high inside this channel, or you can follow this channel for long-term sells.
GBPJPY may enter into a bearish phaseGBPJPY may enter into a bearish phase
The data indicates a weakening outlook for GBP as traders shift towards a bearish sentiment, supported by weaker economic indicators and a lack of strong momentum in exogenous factors like GDP and interest rate differentials. Conversely, JPY is showing strength, driven by its safe-haven appeal and positive speculative positioning, as reflected in the COT data. While seasonal trends suggest potential GBP bullishness in early December, the overall bias favors JPY strength, leading to a bearish outlook for the GBP/JPY pair in the near term. Key focus areas for traders should include monitoring UK economic releases (GDP, CPI) and BOJ policy signals, with a preference for shorting GBP/JPY unless there’s a significant shift in GBP fundamentals.
GBP/JPY Weekly BreakdownHere’s my detailed analysis for GBP/JPY to kick off the trading week:
📊 Key Levels to Watch:
Resistance: 191.50 - 192.00
Support: 190.50 - 190.00
🎯 Scenarios I'm Considering:
Bullish Case: A break above 191.50 could push the pair towards 192.00, aligning with the bullish momentum from previous sessions.
Bearish Case: A retracement towards the 50% - 61.8% Fibonacci levels (189.83 - 189.43) could open opportunities for a potential bounce.
💡 Stay prepared for both scenarios as the market develops. Patience and precision are key!
What’s your outlook for GBP/JPY this week? Let me know in the comments! 👇
#TradingAnalysis #GBPJPY #ForexTrading #MarketBreakdown #FibonacciLevels #PriceAction"
Possibility of uptrend It is expected that a trend change will be formed in the specified support range and we will see the beginning of the upward trend. Otherwise, the continuation of the downward trend will be possible.
GJ BULLISH BUY LONG187 became a support zone and the bulls are hanging on strong; all i can see is GJ will hit 199.100 or 200.090 area.
Theres 2 resistance i see; the one in 192 area and 195 area. Ima keep this short and simple; to me this is a buy it can go ether way can go short or long after if sells hits one of those resistance.
Use your own analysis and proper risk management.
GJ tradeTook an entry according to the 4hr TF.
It was a small RR 1:1 as there was in the left a possible area of rejection
Lingrid | GBPJPY pullback TRADE. Short from RESISTANCE zoneFX:GBPJPY formed a double bottom at a key support level and has subsequently bounced off this level, after bullish divergence. The price is currently pulling back against the major bearish trend, as the market has been consistently making lower lows. Recently, the price managed to break above the psychological level at 190.00. Given this context, it is possible that the market will retest the recent high from Monday and the upper border of the channel where a sell signal may present itself. If the price hits resistance in this area, it could provide a trading opportunity for a continuation of the bearish trend, as bears could take advantage of this pullback. My goal is support zone around 189.50
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
GJ BUY UPDATE!!!!1:1 Target has been achieved
Now let's go for 1:2
You can secure half of the profits and leave the other half set at breakeven
GBPJPYFollowing up from our trade idea yesterday we've just hit TP1
Now we wait to see if price break above orderblock & if it does will wait for a pullback & a rejection to enter again for TP2
GBPJPY Short Term Sell IdeaH4 - Bearish trend pattern followed by a pullback
Until the two key resistance zones hold my short term view remains bearish here.
GBPJPY BUY!!!!!GJ sentimental is bullish today, and early morning it just broke out of the Asian session high. Now, let go long
We first aim for 1:1 the 1:2 after securing some profits
GBPUSD : TrendlineTwo days ago, I posted the chart above. I mention the STRONG bearish channel.
And I also mentioned that those lines I drew are NOT trendlines.
If you ask me what happened now, I would still answer the same.
But what do you think Trendliners would do now? Many would proceed to BUY because their favorite line shows them that the price is BULLISH. Buy and get fcuk.
This is one of the biggest errors when using trendlines.
a) Do they expect things to remain the same?
b) Do they not think the line may have shifted?
So, think again whenever you think of trusting your TRADE and MONEY with trendlines.
Want to know what the new line looks like?
Good luck.
Reanalyzing GBPJPY for the weekLow of the week is usually made with Tuesdays distribution candle.
Based on that knowledge my bias is switching to bullish for now.
Price appears to be creating a weekly CR trade.
If price pulls back to this breaker on the 1 h which is close to the NDO (New Day Open) I'm looking to buy it up to the 50% of weekly CR trade.
GBPJPY - BUYBearish Trend line breakout on 1H TF with Bullish Divergence. I am looking for long side entry at above 190.5. with Risk reward ratio of 1=1
GBPJPY LONG TERM BUYBearing in mind that GJ is still bullish on the Higher Time frames, the bearish moves since last week is just a retracement and it's currently sitting at an area that has the daily bullish 61.8fib, the H4 low and also an area of Support Turned resistance and also the ascending trend line. The entry confirmation will be a change of Structure and then a pullback to atleast the 50fib level.
It's most likely going to be a long buy.
GbpjpyUSD/JPYhas regained 150.00 in Wednesday's Asian session, looking to extend the latest leg higheer. Increased haven demand for the US Dollar on growing tariff war fears underpins the pair despite bets for a December BoJ rate hike. US ADP data and Powell's speech are eagerly awaited
GBPJPY PRINTING REVERSALTechnically:
GBPJPY printing double bottom
GBPJPY printing bullish divergence
