GBPJPY R:R 1:3 Wyckoff Re-DistributionThis is for short term
Marked Possible Sell zone
Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
Gbpjpyanalysis
GBPJPY - Liquidity below equal lows ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I want price to go a little bit lower to take liquidity below equal lows and then to reject from bullish order block + institutional big figure 186.000.
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GBP/JPY!! 29/11 DOW theory, SELL NOW⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
According to the DOWN theory, the price has formed a very beautiful H1 chart. Supports the upcoming DOWN trend
⭐️ SET UP GBPJPY PRICE:
🔥SELL GBP/JPY zone: 187.100 - 187.250 SL 187.600
TP1: 186.800
TP2: 186.500
TP3: 186.200
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
GBPJPY - Looking To Sell Pullbacks In The Short TermH1 - Bearish trend pattern.
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further in the short term.
GBPJPY - LONGGJ formed a bullish flag in a strong upward move. I'm anticipating a breakout of the structure and continuation of the move. My entry is Risky.
GBPJPYThe FX:GBPJPY retreats on Tuesday by more than 0.20%, as the Japanese Yen (JPY) appreciated further against most G8 FX currencies. Market participants estimate that central banks in developed countries would cut rates, boosting the appetite for the Yen's safe-haven status and Gold. Therefore, the pair is trading at 187.24 after hitting a daily high of 187.87.
Even though the GBP/JPY remains bullish, price action during the last couple of days, has formed a ‘double top’ chart pattern, implying that lower prices are coming. Nevertheless to confirm the pattern, the cross must drop below the November 21 swing low at 184.46, but sellers must breach support levels on its way to the latter.
The first support would be the Tenkan-Sen at 186.55, followed by the Senkou-Span A at 185.63. A decisive break, the pair would dive to the Kijun-Sen at 184.71, before testing the latest cycle low. Once done, the ‘double top’ chart pattern targets the 180.50 area.
On the flip side, if GBP/JPY buyers reclaim the November 28 daily high at 187.87, that could open the door to challenge the year-to-date (YTD) high at 188.80.
GBPJPY Top-down analysis Hello 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.
GBPJPYFX:GBPJPY last came to this area back in November 2015. Although there seem to be some form of rejection around the 184.839. It is very possible that the now found support (based on H4) just might hold however I will rather wait for it to break out of the most recent resistance at 185.522 and retest before I take a buy. Equally the short scenario is very possible and I will rather it breaks out of the now found support at 184.839 and retest it before taking a short, until then, fingers crossed
GBPJPY: Comments on GBPJPY todayToday, traders will depend on dollar sentiment, risk appetite and bond market developments. There are no significant data published in Europe:
14:00: Switzerland's October trade balance data
17:15: BOE policymakers will testify before parliament on monetary policy, inflation and the UK's economic outlook
Rebounds from weekly lows, eyes 186.30sFX:GBPJPY snaps four days of losses, climbs 0.31% in the late Tuesday North American session, and exchanges hands at around 186.00 after bouncing from daily/weekly lows reached at 184.45.
The GBP/JPY daily chart portrays the pair as neutral biased, as the slope of the Tenkan and Kijun-Sen shifted flat, which could open the door for range-bound trading. On the upside, the pair’s first resistance would be the Tenkan-Sen at 186.37, followed by the 187.00 figure, ahead of the year-to-date (YTD) high at 188.24.
On the other hand, if GBP/JPY drops below the Kijun-Sen at 184.52, that would pave the way to test the Senkou Span B at 183.15, followed by the bottom of the Ichimoku Cloud (Kumo) at 181.75.
GBPJPYUpon examining the GBPJPY on a shorter timeframe, we notice significant instances of price rejections evident on the H4 chart. The market is actively seeking support around the crucial 185 level.
Noteworthy are the distinct wicks that extend into a liquidity zone, creating an interesting prospect for a potential upswing towards the 187-190 range. The pair has demonstrated heightened trading activity, especially notable among GBP*** pairs in recent sessions/weeks.
GBPJPY R:R 1:3This is for short term
Marked Possible Sell zone
Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
GBPJPY - SHORTAfter breaking out of an ascending channel, the price formed a correction and retested a resistance zone. I entered at the break of the correction.
GPJPY R:R 1:5(UPDATED)This is for short term
Marked Possible Sell zone
Once Reached Entry zone Look for Liquidity sweep and BOSin LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
GBPJPY Long Term SELLING Trading IdeaHello Traders
In This Chart GBPJPY HOURLY Forex Forecast By FOREX PLANET
today GBPJPY analysis 👆
🟢This Chart includes_ (GBPJPY market update)
🟢What is The Next Opportunity on GBPJPY Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
GBPJPY - Look for a long ✅Hello traders!
‼️ This is my perspective on GBPJPY.
Technical analysis: Here we are in a bullish market structure from daily perspective, so I am looking for longs. I want price to continue the retracement to fill the imbalances lower and then to reject from bullish order block.
Like, comment and subscribe to be in touch with my content!
USDJPY and GBPJPY Top-down analysis Hello 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.
Pullback from YTD highs, as evening-star loomsFX:GBPJPY retraces from weekly highs reached on Wednesday at around 188.24 and hovers around the 187.00 figure late in the New York session, as a three-candle chart pattern emerges that could warrant further downside pressure on the pair.
In the near term, the GBP/JPY is consolidating near the year's highs, though it’s forming an ‘evening-star’ chart pattern. However, sellers must reclaim the Tenkan-Sen at 186.41, alongside the November 14 swing low of 186.04 to exacerbate a deeper pullback below the Senkou Span A seen at 185.47, ahead of the Kijun-Sen at 184.52.
On the other hand, if buyers reclaim 188.00, that could open the door for further upside, with buyers targeting the year-to-date (YTD) high at 188.24, followed by the 190.00 mark.
short @GBPJPYGBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is the fourth most traded currency in the world, while the Japanese Yen is third, according to the Bank for International Settlements (2016). Use the GBP/JPY chart to follow its live rate and to assist your technical analysis when trading this pair. For the latest GBP/JPY news and Pound - Yen forecas
GBPJPY LIQUIDITY GRABHello fellow traders, GJ has more downside to come soon, Im expecting price goes back upto 186.4 zone.
But im also looking for a good short/sell on that zone..
This is not a financial advice.
My understanding on markets is the same as yours, but im just aware on liquidity being grab since this moves.
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