Set up the Sell for GJPrice moved and closed above the trendline that depicted the bearish trend that we had going for a while. I however believe there we are headed for lower prices. A move again below this trendline will confirm this view.
Gjshort
GJ Sells lining up for London session (09/28)GJ looking very promising for Sells coming towards Asian session close and pre London, looking for momentum @ London opening to push price down towards 134.400
GJ Analysis 28/09/2020We are looking for a break of support at around 135.350-00. If this happens we would look for a resistance to form on the lower timeframes before looking to sell back down and fill the clean range down to 135 flat. The reason I am not looking for buys is that the upside is very choppy and there isn't a clean range to long into. However if we respect the support which we just broke back into, we should fill the range back up to 135.600. so that would be your buy opportunity.
waiting for the retest to sell. Good morning traders, today I am having a look at a sell on GJ I am looking for a retest of a very key level then i will monitoring the price action and candles on the smaller timeframes like 30m. Then i would like to carry this trade to the down side because the pound does look bearish and we are taking advantage of the yen overall strength.
GBPJPY: AnalysisGoodmorning Traders!
Price has broke out of consolidation and hit my median line and is now deciding which way it wants to go. Price is in a key zone that it has pulled away from several times in the past, the market doesn't like this area nor the one above or below the one it is currently in now. In the zones I have, price has always either consolidated then made a big move or price gets to the key area and goes right through. Waiting on more confirmations before making a decision on direction, and for execution on smaller time frames.
What I predict to happen is a pull back, then price will fall into the zone below, which if that happens it will be a nice 400+ pip move which I have displayed on the chart for you guys. Overall I think price will keep falling.
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GBPJPY: ShortI made an analysis before this post **which if you haven't seen it you should go check it out!!** option 1 is what is unfolding right now. I've already entered a sell @137.960, and here is my t/p area which once price gets there I expect 2 things..
1.) Price will bounce of my median line *Which is insanely accurate and useful* and rise
2.) Price will break through, and go to my weekly support which is a very long way down, which I have absolutely no problem with :)
Leave some comments if you agree with my analysis or disagree!
Long/Short trade pendingPrice has been consolidating in a very tight range after breaking a channel illustrated clearly on the chart, arguably forming a bearish flag which may break down to entirely break structure offering profitable short positions. Furthermore, the 200EMA on the hourly chart (and daily) is showing bearish momentum. Alternatively, price is rejecting this lower resistance level and has been for a relatively long period of time. Overall, price has potential to move either side of this key area of resistance and the movement is likely to be very strong in either direction due to the illongated period of consolidation.
GBPJPY: ShortPrice has been consolidating, waiting for price to break market structure for big movement. I took a short @136.004 and also
@135.932 so i'm in profit, expecting price to either bounce off the boxes support line again or break through, retest, and keep dropping
GBP/JPY TO 135.765I see a retest of this daily level which also correlates with a 78.6% fibonacci. Before short to the -27.00% which correlates with the liquidity zone.
GJ LONG TO 142 -144 FOR THE LAST TIME BEFORE DROP GJ LONG TO 142 -144 FOR THE LAST TIME BEFORE DROP , YOU CAN SEE THAT WE ARE IN A BEARISH TREND , WE WILL SEE IF GONNA RESPECT THE 4H SUPPORT AND MOVE TO THE UPSIDE IF WE BREAK THROUGH THE SUPPORT IT'S SHORT FOR LONG TERMS
SHORT - GBPJPY1. Ascending channel/rising wage on a daily chart.
2. 3rd swing of the structure.
3. Double-dop formation on the weekly timeframe.
GJ Scalp BuysLook for confirmations
Buy moves
1.Break and retest
2.Higher lows forming
3.Hourly price increases
4.Stop lose adjusted according to setup formed
GBPJPY SHORTHey Guys,
im looking to short GJ if it closes below the black line and then pulls back to the black line.
it is going to be a interesting trade.
let me know your thoughts !
GJ Heading Towards Ascending SupportGJ price is ranging in an ascending channel. Priced reversed off of resistance on August 13th. It then tested support 4 days later on August 17th. It is currently testing the Pivot Point. If breakthrough prevails, I predict potential movements towards the break & reversal of the Ascending channel. Another scenario would be price bouncing from 4HR Support & forming a Double Bottom. Which would prepare us for more Bullish actions.
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GBPJPY sellbased on market structure, GJ has become bearish, giving potential to the downside, based on technicals and smart money concepts. Two entries have been given. Second entry has a higher stop, giving space to the trade.
Look for Short entry on GBPJPYWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
Look for Short entry on GBPJPYWait for an rejection or wick in this area then wait for that rejection to close, then take the trade or place a SELL limit.
is the GJ bull run over?good morning traders, today i am having a look at the pair gbpjpy. i have noticed that this pair has come to meet a very sensitive supply zone and i would be looking to go short if there is a drop off in value and there is a clear rejection from the supply zone.
