GBPJPY NEXT TRADE PROBABILITYAll the entries should be taken if all the rules of entries are applied .
Follow it for learning.
Gbpjpy_outlook
GBPJPY - looking for potential retracement then further upsideHi all traders.
Looking for potential retracement before we see more further upside trade for this pair.
Cheers!
GBPJPY reversing to FVG for more liquidityAfter previous forecast of GJ, now we are reversing from the strong 140.80 level which is also Hidden base level, now we gonna head to FVG for more liquidity grab for further upside move in upcoming weeks.
Break below 138.3 leve l, will lead us for downside move, but most likely won't happen.
GBPJPY CLOSE TO THE RESISTANCE.ENG:
- Price close to our resistance zone/higher high, we will be looking for a long and a short setup, depending on how price behaves to that same zone.
PT:
- Preço próximo da nossa zona de resistência/higher high, iremos procurar por tanto um setup de compra como de venda.
GBPJPY TRADE IDEAS 11082020What i can see is that price will react to 139.000 level because there was once a retest and price shoot back down. And also its matches that fair value gap area
GBPJPY Last Moves for Breakout As Here in GBPJPY, it has trend from the past couples of week and now its on the resistance line waiting for breakout or fallen back to retrace one more time, so then from there it starts strengthening or fall more to getout of the trend...
Well, It depends on News what will it do. Better to focus on buying from the lower line of trend & hold it but what if it break the resistance then you're happy to take it as a buy for long term.
Becareful at this point as it can fall once more as well & then it'll breakout... Everyone want to know what GOLD is doing?
I HOPE THIS ANALYSIS GIVES YOU A BETTER IDEA.
Friends, push the like button, write a comment and share with your mates - that would be the best. THANK YOU!
P. S. I personally open a Trade when i find entry point according to my strategy, Always make your analysis before a trade.
GBPJPY, MIGHT SHORT LATER.**ENG**
- Price moving very impulsively towards our higher high/possible reversal zone.
- We can see that price is reaching overbought levels.
- Looking for shorts at the red circle.
- Only looking for longs if price breaks this zone impulsively.
**PT**
- Preço a mover-se impulsivamente em direção ão nosso higher high/possível zona de reversão.
- Podemos também averiguar que estamos a atingir níveis de sobrecompra.
- Procurar por entradas em short na zona do circulo vermelho.
- Apenas procuramos por longs em caso de uma quebra impulsiva desta zona.
GBPJPY / SHORTPrice has made a double top and is consolidating in the highlighted area
I am waiting for price to break and retest before selling
GBPJPY LONG UPDATE!!GOOD LUCK
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Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
GBPJPY Chart analysis and trading planIn the short term, GBPJPY looks like it will reach 139.60 area. After reaching that level, there might be some pullback or a short term reversal.
Right now, the price action still supports the buyers. If you look at the 15minute chart, you can see that Friday's end of NY Session bearish move is a temporary pullback.
So, it is quite likely that GBJPY will reach the 139.60 level. After reaching that level, if we can see some bearish price action, we can consider selling.
GBPJPY TODAYS RESULTGBPJPY Smashed my Take Profits for +240 Pips today, and +594 pips TP for this week and -170 pips STOP LOSS for the week which totals
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GBPJPY bounced from support, potential for a further rise!
GBPJPY bounced off 136.112 where it could potentially rise further to 136.976.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY potential reversal!
GBPJPY expected to rise up to 1st resistance at 137.054 where it could potentially react off and drop down to 1st support at 135.333.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
GBPJPY Buy Opperunity GBPJPY Buy Opperunity wait and watch and taking entery where CTLB then buy entery ...
GBP/JPY Wave Analysis
The counter has completed its first leg (wave A) of the bear cycle with a 5-wave formation.
Now, it is at a strong resistance zone which can trigger the wave B correction.
Hence, we expect the pair to be bearish in the near-term.
GBPJPY NEXT TRADE SETUPGBJPY currently running at 136.214 and have made a clear bullish momentum towards its next resistance at 137.30 on H4 timeframe.
If it breaches the minor resistance at above blue zone which end on 136.40, then it will be a clear bullish movement. Buyers can hold their trades till next resistance.
Remember : GBPJPY just like most of other GBP pairs (GBPUSD) is on two days bullish streak.
The entries on this trade idea shall be taken only if all the rules of entry are satisfied.
Contact us for any query.
GBP/JPY Wave Analysis
After a strong bull run, the counter is currently in corrective (ABC) mode.
It has completed wave A and is forming its final leg of wave B.
It is now up against a resistive trendline and a break above it can take it higher.
Hence, we advise traders to initiate long positions only when an hourly candle closes above the trendline.
GBPJPY reversed from resistance, potential drop!
GBPJPY reversed off its resistance at 134.931 where it could potentially drop further to 133.905.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
London Daybreak Trade Idea GBPJPY London Daybreak Trade Idea
BUYSTOP
Entry - 134.612
S/L - 134.220
T/P - 135.112
SELLSTOP
Entry - 134.160
S/L - 134.553
T/P - 133.660
