Gbpjpyshort
GBPJPY BUY LONGThe British Pound (GBP) vs. the Japanese Yen (JPY) is a highly volatile pair. JPY is often used as a funding currency of a trade because it’s historically a low yielding currency. Since UK is one of the larger economies in Europe, the GBPJPY pair can be considered as a proxy for worldwide economic health. On the other hand, this pair performs like a representer for market 'risk-off' moves as the carry trade gets reversed. As a result, GBPJPY is able to develop strong trends that exceed thousands of pips.
GBPJPY SHORT | VENTAPrice came into my Daily market structure (Blue Zone)
-Bearish Transitional switch happened in the 1 min, 3 min, and the 5 min time frames..
-Executed Trade
-Objective 250 Pips
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-Precio entro en zona del mercado Diario (Zona Azul)
-Cambio transicional bajista aparecio en las temporalidades 1min, 3 min, y 5 min.
-Ejecute operacion
-Objetivo 250 Pips
GBPJPY - Daily Trade Idea - 9-Jan-23GBPJPY (SHORT)- If all the resistance holds in place.
If we see the Resistance broken out then we could see the shift in the trend.
I marked the TP 1 (20 pips), TP 2 (50 pips) , TP 3 (100 pips) and EXIT (SL - 60 pips) on the chart.
(THIS IDEAS VALID NEXT 24 HOURS)
Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session due to News Impact and only enter if we have the final confirmation for entry.
- Rejection Candle Formation - Red Candle after the Green Candle.
- Stochastic - Overbought Area
- Timing of entry Prior / during UK / US Market Session.
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 | Venta-Price came into my 4 Hour market structure (Purple Zone)
-Bearish Transitional switch happened in the 1 min, 3 min, and the 5 min time frames..
-Executed Trade
-Objective bottom 4 hour market structure zone (Purple Zone).
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-Precio entro en zona del mercado 4 horas (Zona morada)
-Cambio transicional bajista aparecio en las temporalidades 1min, 3 min, y 5 min.
-Ejecute Operacion
-Objetivo, estructura del mercado baja (Zona Morada)
GBPJPY -bearish impulseHello everyone! Here you can see an interesting formation of a downward impulse on GBPJPY, after the correction that was created last days. The entry point was already triggered and the position is live. The environment is bullish, EMAs are cut for short, MACD is above 0 and the moving averages also show confluence.
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 - Retracement expected ✅Hello traders!
‼️ This is my analysis on GBPJPY .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement to fill that huge imbalance higher and then to reject from bearish orderblock + institutional big figure 166.000.
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