GBPJPY - Short Ideathe marked area is the interesting zone to watch for Short this pair, there are few confluences lining up in the marked area.
Short this pair on the proper confirmation in the marked area with proper risk / money management.
Gbpjpysell
GBPJPY is Bullish, But we expect bearish retracement Till 158.GBPJPY is Bullish, But we expect bearish retracement Till 158.000
Price break the Level 158.000 and Go till 164.000, Now we expect the retracement or retest of 158. It would be a good trade option to sell till 158.
Please manage your risk. price may go into the opposite direction.
GBPJPY-SELL strategyWe are topping out on GBPJPY and below DC resistance and we are overbought.
The FIB Objective is near 157.40 and this seems a good possibility.
Strategy is SELL 160.90-161.30 and take profit @ 157.90 for now.
GBPJPY Swing Bearish Setup !!The GBP-JPY is trading in a rising channel
And the husband rises to re-test
The channel's ascending resistance line
We expect a bearish pullback, but because this pair is in an uptrend
The trade will be in the opposite direction of the first
We will have to wait for confirmation of the formation of a bearish pattern to confirm selling to target areas below at 156.000
GJ Long Term TradeGJ Is moving towards to its Supply Area, This week we can either see a reverse from its supply area or its makes a new High this week !
Structure is completely Bullish right now, So we can take a Sell from its Supply Area.
SL is 66 pips so manage your RR according to your Account Balance.
Good Luck for the week !
Gbpjpy sell opertunityHi guys you can see markeet move in impluse wave down side and now come back to mitigate order block area to go further down side....
GBP/JPY about to fall again!Hey tradomaniacs,
recent re-test of primary trendline and resistance has been rejected and could cause a continuation of the actual trend.
JPY-Basket also looks bullish while the USD is still putting pound under pressure.
Overall good correlations for a GBP/JPY-Short-scenario and great risk-reward here.
What do you think?
GBPJPY SELL !!GBPJPY has been trading inside the given parallel Channel since the start of August 2019 ! in the past few months , the currency pair has made a pattern that resembles an M and even started retesting the fibonacci level . Taking into account the resistance the pair is approaching , i expect the retracement to end within 153.678 - 154.47 . After the completion of the retracement , the currency pair will resume its movement downward till 149.276!
GBPJPY | 2 excellent rangesTwo very good ranges for the Sell entry position
The trend is definitely downward
I risk more on the first range
If it hurts, I will risk the upper range again
GBP/JPY Made Double Top Pattern,Short Setup After Closure Below This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/JPY 4HR SELL SET UPHi TRADERS this is my trade set up for the GBP/JPY for the new week ahead
GBP/JPY Looking for a pullback in to the order block zone and I will be waiting for a selling confirmation before taking a sell trade
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
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GBPJPY Continuation SellTechnical Analysis
We have continued to have a shallow retracement at the 23.6% level for months.
Price has attempted to break above the 1.18 and 1.27 extension to no avail.
I am anticipating a retracement atleast to the 38.2% fib level, wishful thinking but a retracement to the 61.8 would be even better.
I'm looking for a deeper retracement on this pair.
Fundamental Analysis
Russia invaded Ukraine.
We are in a risk off environment.
GBJPY SELL ANALYSISLooking at GBPJPY on 1H timeframe
Currently looking for potential Sell positions
Price has broken the trendline and currently retesting the breakout
GBPJPY Crash?Technical Analysis
We have continued to have a shallow retracement at the 23.6% level for months.
Price has attempted to break above the 1.18 and 1.27 extension to no avail.
I am anticipating a retracement atleast to the 38.2% fib level, wishful thinking but a retracement to the 61.8 would be even better.
I'm looking for a deeper retracement on this pair.
Fundamental Analysis
There are a few things happening politically.
Jerome Powell is mum about how aggressively the Fed will increase the interest rate. Talks are that rates should be at 100bps by summer of this year. Currently rates are at 25bps. This would mean that rates some time between now and June would see a significant increase. When there is uncertainty in the market, investors tend to pull their money out and put it into safe haven currencies, e.g. JPY and CHF. More money being put into JPY would essentially strengthen the currency. With JPY being the counter currency in this pair, if it becomes stronger than GBP, this could present selling opportunities.
Adding to the above, there is political unrest right now. There is risk of war between Russia and Ukraine. Should Russia invade Ukraine, Boris Johnson holds the sentiment that this will be the biggest war in Europe since 1945.
The Queen of England tested positive for the virus.
There is great probability that we will see the GBP weaken. Historically JPY has been weaker, but in current events...those are my thoughts.
gbpjpy sellscalper pro technical analys
orange ====entry
blue ==== save trade
red ==== final target
green ==== stop los
Looking like a SELL, price action bearishHi Traders,
Price action is still looking bearish on GBPJPY as we had a double top at the top of a channel pushing the price impulsively down with a breakout following by another correction. Wait for confirmation before getting caught further into this current consolidation.
Good Luck!
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Chart update on GBP/JPY- Added a new POI just need to see how price reacts
- Some TPs slightly changed
let me know what you think...
GBPJPY sell stop trade idea - 1:3RRGBPJPY sell stop set, looking to sell GBPJPY down once it hits our trade level.
GBPJPYHello traders. Negative divergence in daily timeframes is evident in the price, and a new bottom that is lower than the last bottom in the uptrend, so I expect the price to fall at least to the previous floor. If you agree with me, do not forget to like.
GBPJPY-SELL strategy + -Look at historical high 158.23 in the near past, and the current DC. It feels we can play with a small stop-loss the SELL strategy not too far from the previous high. We got cloud support 155.00 handle, and we have MACD positive as well.
That is why, we may see it climb a little and for that reason we sell ONLY NEAR 157.50-157.75 range and place a stop-loss above 158.23. Perhaps lets say 158.45. The profit order 155.37 for now.
GBPJPY SELLFirst trade stopped out, this is due to too tight of a stop loss, however with a wider stop loss this time and more optimal entry rather than being greedy, we can take this trade with expectations of the GBP falling this week.
GBPJPY sell idealooking for a retest of the previous level before a sell down, previous trade went PERFECTLY down to a wick, hopefully the same can be recreated here.
