GBPJPY shortGJ confirmed sell for us last week. Waiting to see how market opens for us. See if price continues down or pulls back to break out
Gbpjpy_outlook
#GBPJPY What would you think about it ? Hey! i am looking it like this. What would you think. Comment please
GbpJpy- Strongly bullish structure for 3k pips gainOn Friday I called for a break of support and, in the end, this break proved to be a false one and I closed my sell trade on break even.
As always, when I'm in doubt, I look at the longer TF, and here things are pretty clear, with GbpJpy in a visible uptrend since March 2020.
Also, the 2020 "pandemic low" and 2016 low have formed a nice double bottom on our weekly chart (very clear in monthly also).
At this moment the pair is consolidating exactly in the neckline resistance and considering the 6 months of consolidation the break should be very violent.
If this break will happen to the upside the next target is around 180 and the measured target of the double bottom is near 200, level confluent with a previous high.
Note: This is a very long-term outlook so don't expect 180 in 2-3 weeks
GBPJPY SHORTGBPJPY looks as if it has been setting up for a sell.
We took out liquidity with an impulse move up and then immediately impulsed downwards.
From my bias I would like to see GJ take out the internal liquidity and enter the green zone from where it can then drop.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose and this type of speculative trading can result in loss and/or profits.
GBPJPY Sell IncomingAfter analysing the current market conditions and seeing the longer term price action I believe GBPJPY will drop.
Price has been distributing since March 2021 and we have seen price range since then and thus I will be expecting a huge move.
Over the last couple of weeks I have noticed price re-distributing as a possible LPSY for market to drop.
Overall GBP is starting to weaken and the JPY is starting to gain strength hence why this could accelerate the drop for GJ.
Thanks for reading and looking at my chart, leave a like, comment and follow for more ideas.
DISCLAIMER: I am not a financial advisor and nor is this financial advice.
If you trade this pair with me and make money from this, please help support a fellow trader.
My cashapp is on the chart! Thank you for your time.
GBPJPY: Downside Ready? 🧐I am cautious about selling GBP pairs as the bullish trend is super strong.
However, this pair looks like it is ready to make some downside after playing around and trapping both sides of the market.
If we clear this level, I will look to join sellers on the pullback.
Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬
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GBPJPY TRADING PLAN - SELLI am currently in a sell in GJ and I would like to add to the sells when I see a confirmation of downside continuations.
If price can break and retest all of the zones then I will add more sells.
My tp would swing all the way down, however, I will be taking partials at each zone.
My stop loss will generally be 30 pips however looking at how market reacts and price action I will vary my stoploss and may put it above the candle that broke through the zone.
A key zone to watch out for a reversal is 152.500. Watch carefully what price does here as it may be a potential long entry if it rejects and provides bullish confirmations.
Note that this trade could take a couple of days or weeks so be patient.
DISCLAIMER: I am not a financial advisor and nor is this financial advice.
If you trade this pair with me and make money from this, please help support a fellow trader.
My cashapp is on the chart! Thank you for your time.
Analysis on GBPJPYLooking for a selling pressure to come into the market around now. We are reaching a resistance zone and i would like to see price move down.
I would enter sells once i see confirmations of rejection and I will add more sells once price breaks the first support and retests it.
GBPJPY 3D Analysis 03/03/2021the price has broken the Top Boundary of the Ascending Channel and can continue its rally up to the provided TPs
as we can see the price has confirmed its rally by touching Fibonacci projection extension level 161.8% so we can target the 261.8% of the same Fibonacci projection level
GBPJPY 1000+ pip sell?!?!We are seeing a wyckoff distribution schematic forming where he have liquidity to clear below. I think we are at a potential last point of supply and would like to see the price drop over the next few months.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose. Trading live carries risk and you may make money or lose some or all of your capital. I am not liable for any gains or losses made
GBPJPY REENTRY 1000+ PIP??After looking at the daily and seeing a nice wyckoff distribution schematic forming I am looking to short GJ with another entry, this time with a better potential risk to reward.
Trade safe, I am not a financial advisor
GBPJPY top-down analysis Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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: Liquidity GapYou will notice that bulls are slowing down as we approach the key hourly supply zone.
This will lure some sellers in early, please be patient and wait for a clear liquidity grab before considering your sells.
If you time your sell position correctly at the supply, you may be able to catch the wave all the way down to the support liquidity.
What is your view of this analysis?
GbpJpy is in strong support zoneSince 158 recent top, GbpJpy fell like a stone around 1k pips in a very short period of time.
At this moment the pair is trading exactly in support, a zone that acted as resistance in 2018 and 2019.
I expect a correction from this zone and 152.50 could be the buyer's target.
A clear drop under support would negate my outlook and could lead to continuation to the downside
If you decide to trade this pair you should be careful with SL
GBPJPY - LONG - BUYHello traders, want to share with u my Idea on GBPJPY some of u maybe took buy at the bottom. This is my expectation for this pair
GbpJpy can rebound to 152.50 resistanceIn the past 6 weeks, GbpJpy fell hard, from a top around 158 to a low just under 150.
At this moment the pair is trading in a strong support zone and a rebound is probable
Buy dips under 150 can be a good strategy for a rise to 152.50 resistance and a risk:reward ratio of 1:3
GBPJPY Analysis Hello Trader's
GBPJPY my love and I am happy to share my analysis bcoz after two weeks of consolidation price breaks and moving down.
bcoz this is my daily trading pair.
Thanks for your support
gbpjpy gbpjpy , The artwork is nearing completion , Until this moment, this deal hits ✅✅✅ three tp and On its way to the fourth ✅✅✅✅ with total profit ✅✅ 580 pips and it still running , only 70 pips more and we all done
GBPJPY - Imbalance FillPrice action suggests that price is slowing down from a seller perspective in this region.
I would like to see some structural shifts indicating that bulls have grabbed hold of the market before I look to go long up into the imbalance.
We need to mitigate the impulsive sell-off before we look to go short again.
GBPJPY: The Time Has ComeThe last OB on the 5M is calling me for entries.
I would like to see a purge of the Asian range before reversing from the last OB marked to the upside.
This could be extremely profitable if done correctly.
Risky traders could set an order, patient traders could set an alert and wait for rejections.
Good luck, make sure to like and comment on this post!
