GBPJPY SHORT gbp jpy has hit resistance and looks like its about to make a move down to take out current built lequidity
Gbpjpyshort
Sell GBPJPYTechnical Analysis for GBPJPY. Price trading at the resistance of bearish channel. Head and Shoulder pattern seems to be forming on H4. I would like to see price drop from here for the rest of the month.
Sell GBPJPYTechnical Analysis for GBPJPY. Price trading at the resistance of bearish channel. Head and Shoulder pattern seems to be forming on H4. I would like to see price drop from here for the rest of the month.
GBPJPY - SHORT Low Risk 1:87 RR GBPJPY it's in a big divergence on the 3M / 5M Chart with the AO and RSI. Chart points towards an uptrend, but the other indicators are showing a big berish movement.
Dear trader this is not financial advice is just my own analysis.
Follow the Sell Area and always use SL.
Let me know if this helped.
GBPJPY daily rejection at 164.68 since Dec 2022Looking at the price chart, we can see price has done a Change of Character, and it is currently pulling back so it can go for a Break of Structure.
I am anticipating the reversal of the pullback at 164.50 - 164.74 region because :-
i. We have an Order Block yet to be mitigated in that region.
ii. We have 50% Fib Retracement level of wave A at 164.60
iii. We have a Trendline Liquidity around that region
iv. Looking at the upward correction from 162.78, it resembles a Flag
v. Looking at the Daily chart, I observed that we don't have any candle close above 164.68 since December 21, 2022, which I refer to as a Resistance/Supply zone.
In summary, we have a small buying opportunity from 163.80 - 164.65 but I would recommend looking for selling opportunities instead because no candle had closed above 164.68 yet on the daily TF this year and I don't think it would be happening yet due to the confluences of selling signals we have.
I would love to hear your thoughts 🤔, feel free to leave a comment ✍. Please like 👍❤ this idea 💡 if you agree, and follow me for more updates ❕❕❕
gbpjpy gbpjpy short, after the long holiday hoping prices will start moving more volatile from Tuesday am shorting gbpjpy sl 164.800 tp 164.800
Possible GBPJPY Short Levels -4HGBPJPY is showing possible bearish sentiment with recent price action. Price has reached HTF supply zones and is reacting bearish. Price is also making lower highs and lower lows on the LTF. There is a possibility that price may go fill the imbalances before making the real bearish move. This is just an analysis, Trade at your own risk. Watch for the bank manipulation before heading in it’s true direction.
GBPJPYIt's a daily time frame and now trend look's like a making a ADD pattern. So now I waiting a great position. If market make short pattern in 1H or 15min time frame i will enter short position
GBPJPY long or shortPatience and risk management is the key .Consider these levels and enter trade after market shift
GBP/JPY Second Sell EntryIf you made money from the other entries I'm very happy for you. If you missed it or want to add on, I believe this setup to be an opportunity. I think this can still go down further but equally think there is still upside later down the road. For now it's looking to go down further and if it does, my 2nd entry zone seems to be the less riskiest and where I see price likely to turn. FX:GBPJPY
gbpjpy in 1Hif price break the decending chanel we entering to short position with good risk to reward
we shoul wait for breaking and retest
good luck
GBPJPY: Buyer - Win!!Greetings to all traders! I have some valuable trading-related information that I would like to share with you. Please give it a read and if you find it helpful, kindly leave a positive feedback and consider following me ❤️
Note: Note: Full TP, SL for winning the market and safe trading!
GBPJPY - Short Entry Low Risk 1:5 RatioDear trader this is not financial advice is just my own analysis. Follow the Sell Area and always use SL.
Let me know if this helped.
GBPJPY- A MASSIVE SELL OPPORTUNITY Dear Traders, hope all of you are doing great, we have 900= pips selling opportunity on GBPJPY, currently we had change of the character and price is bearish since last two days.
There are two areas that we are targeting at the moment labelled as 'selling zone 1' and 'selling zone 2'. Remember if you are entering, enter with stop loss not more than 40+ pips which applies to both entries.
Good Luck and Please do like and comment! :)
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 (Short-Term Analysis)GBPJPY (Short-Term Analysis)
IMO, it is currently consolidating at the support/resistance area.
Given the MA indicators and chart pattern, we are pivoting toward the bearish sign.
gbpjpy bear flaghello everyone, just a quick analysis of gbpjpy... there seem to be a strong bear flag developing in day tf...
first target is 160.5
and final target is 154
good luck
GBPJPY SELL :)clear pull back and now we going for previous daily, h4 low and supply zone left at the bottom
The GBPJPY achieved some Gains.The GBPJPY pair ended its recent bullish rally by achieving some gains and reaching 166.40, followed by Diving bearishly towards 162.75, hinting its surrender to the stability of the major barrier around 166, which will hinder the attempts to resume the bullish attack in the near term and medium term period.
Also, stochastic exit from the overbought areas will force the price to provide new negative trades that might push it to settle within the bearish channel again, to suffer some losses by moving towards 161 and beyond...
BUYING SCENARIO:
For now point to consider will be 162.75 as a major support...if hold (Buying Scenario) 163.80 will be my first target (Resistance) and if broken then 167 will be confirmed.
SELLING SCENARIO:
again point to ponder will be 162.75 as support and if broke downside then 161.10 will be my target and if broken too then we'll see further nose dive
Trade Wisely.
ArmanShabanTrading |🔴 GBP/JPY : Bull or Bear ? READ THE CAPTIONBy analyzing the GBP/JPY symbol, we can see that the price faced selling pressure last day by attacking the liquidity pool above 166 and has managed to fall to 163.6 so far, the probability of continuing to fall to lower levels is high andThe first possible target of this drop will be 162 and the second possible target is 158.5! From the higher and important supply zones , we can mention the range of 167 to 169!
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.05.2023
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GBPJPY SELLWelcome . British pound against the yen. in a very negative state. With the price reaching the strong resistance 164.500, with a retest of the area. It also formed a very negative candle on the daily chart. with a downward trend. There is a lot of pressure from the sellers to bring the market down. To 160,000 levels in the first stage. And level 158.000 good luck. Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click for free content. Thank yo
