GBP JPY TECHNICAL ANALYSIS Hello Traders and investor 👋
What do you think about GBPJPY kindly share your
Opinion in the comment section,
Current price: 196,000
After hitting all time high a strong bearish pullback
Is possible, market will retace
Back upto 178,000 Then it will use this
Position as a support zone to go further
High, currently market's target is: 178,000
Wich is our demand zone.
Key points:
Demand zone; 178,000
Retracement area; 204,000, 207,000
Kindly support like comment ❤️ follow
Gbpsell
GBPUSD sell opportunity #GBPUSD sell opportunity
The price already broke the market structure in a lower time frame. Here is the sell opportunity from 1.28122 to 1.2788 zone.
Use does not increase risk reward form 1:1RR
All details in the chart. Get your confirmation and execute the trade. Good luck guys!
EURGBP - Will The EUR Stay As Top Dog?Analysis:
Breakout of downwards trend (bullish confluence factor)
Break and retest of previous resistance (bullish confluence factor)
Fib "golden zone" level (bullish confluence factor)
Break and retest of downwards trendline (bullish confluence factor)
EUR strongest major currency (bullish confluence factor)
GBP 2nd strongest major currency (bearish confluence factor)
40K long position increase for the EUR (bullish confluence factor)
24K long position increase for the GBP (bearish confluence factor)
18K short position increase for the GBP (bullish confluence factor)
Comment:
Whilst we don't have all of the confluence factors pointing in our favour, the most important ones that we may most attention to are. The EUR looks stronger then the GBP currently as this is what the statistics tell us, which is why we are bullish on this pair.
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read and responded to. We any comments at all so thank you!
Stay Safe - The JPI Team
Disclaimer:
This does not constitute as financial advise. We are not responsible for any monetary loss that you endure. Trading is hard to be profitable with and we take losses just like everyone else does too. Our ideas won't always be correct which is why we urge you to always do your own analysis first before entering into the market but please feel free to use our analysis to assist you with yours.
WC 19 June GBPUSD Intra-Day Sell SetupCould reverse any day this week.
MRN for the pound tomorrow. Would be good to see what it does.
Structure break M15 has yet to happen but intermediate LTF structure has.
In the HTF's GU still very bullish.
This is a short term sell setup
If price goes beyond and stays above 1.2850, this setup becomes invalid.
GBPUSD Short Pattern!GBPUSD create Strong Bearish Divergence with a channel. According to the technical chart, seller will control the market. And there was an unmitigated order block, try to mitigate it!
Short From 1.2433-1.246xx
SL: 1.249xx
1st TP: 1.225xx
2nd TP: 1.216xx
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Best Regards!
Mahfuz Azim
GBP/AUD Sell Entry 2K pips Chart 1/3Sell Limit entry: 1.75500
Stop loss order: 1.76300
Take profit order: 1.73300
*HEDGE(to minimize losses)-simultaneously OPEN a BUY STOP/LIMT order w/ SAME LOT SIZE as initial trade.
Hedge position levels:
Buy limit/stop: 1.75500
Take Profit: 1.76300 ( T/P = S/L from Initial Trade )
Stop loss: 1.75250 ( S/L = 0-250 pips below Initial Trade Entry level )
*800 pip hedging order.
Potential Gains: 2K-2.2K pips
Potential Loss: 0-250 pips
Risk/Reward Ratio: 2.75/1.00
Avg. Holding Period: 5-7 days
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Use the information to assist you with your trading journey. This analysis is just my idea and doesn't guarantee any gains/loss. Leave a comment and follow me to stay up to date on trade opportunities. Safe trading.
When finished will post position opportunities for 1hr and 15min timeframes.
GBP/USD 4HR CHART SET UP SELL THEN POSS REVERSAL FOR BUY Hi TRADERS this is my trade set up for the GBP/USD for the new week ahead
GBP/USD I think will drop another leg for a nice sell before rebounding off the RESPECTED trend line support for a push higher,
as we know the corona virus new strain OMICRON has hit the UK so that's why I'm expecting a drop for GBP
so i am expecting a pullback to the order block zone and will be looking for a sell trade
look for pullback to zone lined off on chart then if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
GBPAUD Prediction Here we go for GA pair.
Based on Daily Time-frame ("I don't know the name"hehe) but i know what gonna happen with the pattern. which is expecting completing this movement.
In weekly, time frame showing possible major bearish rally. but Market move in certain direction that we all know.
Based on Human behavior, this market gonna develop a pattern shown on Hourly Time-frames
Let's see what happen next... stay tuned..
GBPUSD 90 PIP SELLGBPUSD showing great potential for a 90 Pip drop. GBPUSD is currently in an overall uptrend bouncing back from the fall during the peak of covid-19. As you can see we have recently had a new higher high form on the 1hr chart which co insides with the current trend lines stated. Due to this rejection i can see price going further down towards the 0.382 fib level. The reason behind this is that price has responded well to this level numerous times in the current trend, finding good support as well as previous resistance. Furthermore the price in which the TP is set at, we can also see that this supports the paralell trend line, which further makes me believe that price will want to retest this specific area. Price has also recently come under the 50 EMA giving it the potential momentum the trade needs but i would like to see if price rejects this in anyway. RSI(10) has also show and oversold condition along the new higher high and is now currently situated in the middle. TP is set at 90 PIPS and SL and 35 PIPS.
GBPAUD: AnalysisPrice is about to test a very respected key zone again, which every time it has reached the zone price wasn't strong enough to hold over. The only way i would consider buying is if price engulfs over the other highs i've circled and closes. As of now i'm leaning towards selling after price makes its way up to the key zone and starts retracing down to 1.80000.
Any feedback would be appreciated!
GBPCAD HEADING LOWER?ENG
- Price breaking our supportive trendline and showing some oversold signals, the ideal would be to wait for a retest of this resistance zone and then look for confirmations for a short position.
PT
- Preço a quebrar a nossa supportive trendline/supportive zone e a demonstrar alguns sinais de estar oversold, o ideal neste momento seria aguardar pelo retest na nossa zona de resistencia e entrar para short na primeira confirmação.