Get started

Gbpjpyanalysis

GBPJPY - Look for Continuation Short (SWING) 1:4!Price has consolidated and rejected the SBR Zone on the HTF, while also bouncing off the Weekly Support Level, showing potential to make a new high on the LTF. Before continuing upward, it needs to respect the DBD Supply Zone. The upward move is likely if the SBR is broken. Let's see how the market reacts to this zone. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Short
by S-Fx_
2
GBP/JPY - Swing trade - Long - 1:3.33 RR📈 Trendline Break and Retest Setup I'm sharing a potential long trade idea based on a clean trendline break and retest. After a sharp downward movement, price has broken through the descending trendline, signalling a possible reversal. 🟢 Trade Plan: Entry: Waiting for confirmation of a retest around 189.358 before entering long. Stop-Loss (SL): Positioned below the recent swing low at 183.721 to protect against downside risk. Take-Profits (TP): TP1: 193.490 - First resistance area where I'll also move my SL to breakeven. TP2: 199.480 - Key level above to watch for further upside. TP3: 208.120 - Final target if the bullish momentum continues.
Long
by PipShiesty
4
GBPJPY - going long seems like a good idea.The FOMC news and press conference today left the charts in a bit of a mess. We do have NZD and AUD news soon, so I don't even want to look at those currencies. One chart that makes sense to me is GBPJPY. The daily chart is bullish, current week is strongly bullish and H4 is making higher lows & highs. If I see a pullback to about 186.50, I am happy to go long. This pullback would also get the 20sma closer to price providing a good entry location and smaller stop. This is not a trade recommendation. You should be aware that trading carries a high level of risk, so only trade with money you can afford to lose. Please use sound money and risk management, trading without a stop or moving the stop away from price is a recipe for disaster. If you like my idea, please give a “boost” and follow me to get even more. Please comment and share your thoughts too!! It’s not whether you are right or wrong, but how much money you make when you are right and how much you lose when you are wrong – George Soros
Long
by Trading_Vista
GBPJPY "The Guppy" Bank Money Heist Plan on Bullish Side Hola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist GBP/JPY "The Guppy" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low Stop Loss : Recent Swing Low using 1H timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan.....
Long
by Thief_Trader
2
SHORTING POTENTIAL ON GBP/JPY:We have a potentially good shorting opportunity on GJ, -TREND:market structure is bearish from the 1D down to the 15minute. We are clearly forming text book lower highs and lower lows coupled with bearish impulses to the downside and bullish impulses to the upside showing that sellers have control of the general trend. -CONFLUENCE: The most recent lower high is rejecting off of key Fibonacci levels . So it s definitely in your favour to look for shorting positions targeting the length of the previous impulse move.
Short
by Master_Swing_trader
GBPJPY Technical Analysis and Trade Idea👀👉 The GBPJPY pair has exhibited a decisive breakdown of critical support zones on multiple timeframes, signaling a potential acceleration of the prevailing bearish trend. This technical development aligns with the broader market dynamics, suggesting further downside pressure may be imminent. ## Technical Analysis The recent price action has carved out a bearish structure, with lower highs and lower lows forming on both the daily and 4-hour charts. This pattern typically precedes further bearish momentum, potentially driving the pair towards previous swing lows. ## Trading Strategy My approach to this market scenario is rooted in strategic patience. I'm closely monitoring for a potential retracement to the 50-61.8% Fibonacci zone, which often acts as a magnet for price in trending markets. This area could present a high-probability entry point for a short position, aligning with the overarching bearish sentiment. ## Risk Management It's crucial to emphasize that while the technical setup appears compelling, market dynamics can shift rapidly. Prudent risk management dictates waiting for clear price action confirmation before committing capital. This may involve looking for bearish reversal candlestick patterns or a rejection of key resistance levels within the identified Fibonacci zone. ## Market Structure The current market structure suggests that sellers are in control, with each rally being met with increased selling pressure. This behavior often precedes significant moves to the downside, particularly if key support levels are breached with conviction. Remember, this analysis is based on current market conditions and is subject to change. Always conduct your own due diligence and never risk more than you can afford to lose in the volatile forex markets. 📈✅
Short
by fxtraderanthony
2
GBP/JPY "GUPPY" Bank Bearish Robbery Plan on Short sideHola ola My Dear, Robbers / Money Makers & Losers, This is our master plan to Heist GBP/JPY "GUPPY" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High Stop Loss : Recent Swing High using 1h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style
Short
by Thief_Trader
GBPJPY - Look for Reversal Short (SWING) 1:4!Price made a significant breakout in the HTF, retesting the Monthly support with a strong rebound towards the breakout zone. In the LTF, the failure to create a new high indicates that the price was only making a major correction before continuing downward. This setup is considered a long swing trade with a 1:4 R ratio, supported by the weak USD due to the interest rate cut, which strengthens the Yen fundamentally. Disclaimer: This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Short
by S-Fx_
GBPJPY "GUPPY" Bank Money Heist Plan on Short SideMy Dear Robbers / Traders, This is our master plan to Heist GBPJPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Short
by Thief_Trader
GBPJPY IN A RANGE?Based on the analysis from last week, a break of the previous week high could have further pushed the price of this pair higher. Possibly towards the psychological mark of 200.00. This idea was also validated by the formation of the support level at the 186.97 mark, which is the Feb 2024 support that is keeping price up from going towards this year's low at 179.44. This week's candle not only failed to break the previous week's high but also closed bearish, creating a new resistance and a range (190.949–186.974). Now in the week we are going into, there isn't much data coming in for this pair... Could we hold this range until next month's data or will the new candle break the 2-week highs and move bullish? break the week lows towards the bottom of the range?
by Kabelo_Dale