GbpJpyi think its going for sell because make double top and tested that point in 15m tf and make a red bearish candle..
Lets see
GBPJPY trade ideas
GBPJPY SELL ANALYSISHere on Gbpjpy price has been in down trend and was able to make a retrace back and is likely to coninue falling in other to complete support zone so trader should go for SHORT with expected profit target of 188.504 and stoploss of 191.720 . Use money management
GBPJPY BUY!!!!!GJ sentimental is bullish today, and early morning it just grabbed liquidity of the Asian session low. Now, let go long
We first aim for 1:1 the 1:2 after securing some profits
GBPJPY double top found Double Top Formation in GBPJPY
A bearish Double Top pattern has formed in the GBPJPY currency pair, indicating a potential reversal of the uptrend.
Key levels to watch:
Neckline support: 190.125
Resistance: 191.500
Target: 189.500
The Double Top pattern is characterized by:
Two consecutive peaks at similar levels
A decline between the two peaks
A potential breakout below the neckline support
A breakout below the neckline support (190.125) could trigger a short position, targeting 189.500.
Keep a close eye on GBPJPY for a potential breakdown!"
BEST WISHES TOM 😎
GBPJPY Short - 4 Dec Price retraced into Daily supply zone.
Took out H4 liquidity.
M15 2 candles Choch, retraced into supply zone.
Ready for take off
WARNING: GBPJPY (IRRATIONAL MARKET)Today is a good market to watch or play from a live/demo enviroment. Markets are behaving irrationally creating ghost trends/reversals off no levels or fake levels.
Take sometime to learn how the predatory algos think and protect your bank!
Long idea for GBPJPYTrend reversing on a daily support 61.8, when it is pulling back on 1h chart opening buy position looks good. Risk reward 1:5. Let’s see !
GBPJPY M15 I Bounce off 50% Fibo?Based on the M15 chart analysis, we can see that the price is falling to our buy entry at 189.90, which is an overlap support close to 50% FIbo retracement.
Our take profit will be at 190.74, a pullback resistance.
The stop loss will be placed at 188.60, which is a pullback support level.
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Trading My Robin Trap Strategy Me Going Over How I Use Everything Together For My Robin Trap Strategy In Great Detail
GBPJPY Short - 4 DecPrice retraced up to supply zone.
M15 Candles double break.
Pending order to move downwards together with the market as price have taken liquidity.
Targetting the lowest swing low for a 1:5RR trade.
Price also swept Previous Day High Liquidity. Let's see!
Higher time frame frameworks and set upIn this video, we explore a high-level analysis of monthly and weekly trading frameworks, showcasing how TSA—Time, Space, Algorithms, and Tradings—leverages Confluence to identify asymmetrical opportunities in the market. While this isn’t the full strategy, it introduces key elements that empower traders to achieve precision and clarity.
We dive into the power of Confluence as a core component, integrating insights from markets like the VIX to enhance feasibility and comparison. Starting from the monthly and weekly frameworks, we refine our approach to a 1-hour and 4-hour perspective, identifying high-probability setups. From there, we scale down to 15-minute and 5-minute charts, applying the same Confluence-based principles to manage trades effectively.
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What’s Flowing: GBP/JPY AnalysisMarket Overview:
• Trend: GBP/JPY continues its bearish trajectory, respecting the EMA resistance and forming lower highs and lows on the 4-hour chart.
• Current Price: The pair is consolidating around 190.14, following a significant move down from the 193.30 resistance area.
Key Levels:
• Resistance:
• Immediate: 190.90 - 192.30
• Strong: 193.88
• Support:
• Immediate: 188.13
• Deeper: 186.05
Insights:
• Bearish Continuation: The rejection from the 192.30 zone and the sustained trade below the EMA cloud signal strong seller dominance.
• Economic Events: Upcoming BOJ and BOE commentary could add volatility to the pair. Stay cautious of intraday swings as traders position for the releases.
Trade Setup:
• Short Bias:
• Entry: Re-test of 190.90.
• Stop Loss: Above 192.30.
• Targets: Initial at 188.13, extended to 186.05.
Summary:
GBP/JPY is heavily influenced by monetary policy expectations and recent dovish BOE signals. The downside remains favorable, with sellers likely eyeing the 186.05 zone as the next major target. Keep an eye on news flows and economic data releases for potential disruptions.
Thu 5th Dec 2024 GBP/JPY Daily Forex Chart Buy SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a GBP/JPY Buy. Enjoy the day all. Cheers. Jim
GBPJPY Trendline Breakout , All eyes on BuyingHello 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
Buy opportunity GJEnter with not hesitation following price action
Hammer formed with high volume that's mean potential bottom is there heading to upward momentum resume.
RRR 3:1
Let's go
GBPJPY institutional manipulation phaseI’ve capitalized on the nice swings in price action this week—could there be one more opportunity? I’m closely watching for a break in structure to the downside, as my overall weekly bias remains short. This move could result in a strong push lower or a smaller breakout to the upside before resolving. We’re currently in a major zone, and breaking this trend could signal a test of the lows with potential continuation. My weekly bias is informed by analyzing the COT report to track large speculators and leveraging tools to gauge retail sentiment.
Bullish bounce off 38.2% Fibonacci support?GBP/JPY is falling towards the support level which is an overlap support that aligns with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 190.12
Why we like it:
There is an overlap support level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 188.48
Why we like it:
There is a pullback support level.
Take profit: 192.52
Why we like it:
There is an overlap resistance level that lines up with the 78.6% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Asian Session GJ, No trade This is a technical analysis on GJ in Asian session, this analysis in the simplest terms explains why not to take a trade for GJ. In theory, there was no setup for a break-out trade. I personally could not see R/S to trade off and make an entry for breakout trade, as I belive there was no range/consolidation happening left to right. So to sum it up, there was no entry point, no target, nor any SL, Hence no trade day. This is for education purpose only, not as financial advice.
Asian Breakout trade GJThe setup for this trade is strictly technical, based on reading the chart on LTF (15min & 30min). The plan of attack behind this trade is based on breakouts, from resistance and support which I have noted on the chart by analyzing areas of consolidation and rejection levels. This is for education purposes only. Not attended for advice on what trade to take.
Follow This Downtrend Channel on Gbp Jpy for Massive GainsI carved out a downtrend channel on GBPJPY so you can follow along and make massive gains all through this month. You can choose to buy low and sell high inside this channel, or you can follow this channel for long-term sells.
GBPJPY may enter into a bearish phaseGBPJPY may enter into a bearish phase
The data indicates a weakening outlook for GBP as traders shift towards a bearish sentiment, supported by weaker economic indicators and a lack of strong momentum in exogenous factors like GDP and interest rate differentials. Conversely, JPY is showing strength, driven by its safe-haven appeal and positive speculative positioning, as reflected in the COT data. While seasonal trends suggest potential GBP bullishness in early December, the overall bias favors JPY strength, leading to a bearish outlook for the GBP/JPY pair in the near term. Key focus areas for traders should include monitoring UK economic releases (GDP, CPI) and BOJ policy signals, with a preference for shorting GBP/JPY unless there’s a significant shift in GBP fundamentals.
GBP/JPY Weekly BreakdownHere’s my detailed analysis for GBP/JPY to kick off the trading week:
📊 Key Levels to Watch:
Resistance: 191.50 - 192.00
Support: 190.50 - 190.00
🎯 Scenarios I'm Considering:
Bullish Case: A break above 191.50 could push the pair towards 192.00, aligning with the bullish momentum from previous sessions.
Bearish Case: A retracement towards the 50% - 61.8% Fibonacci levels (189.83 - 189.43) could open opportunities for a potential bounce.
💡 Stay prepared for both scenarios as the market develops. Patience and precision are key!
What’s your outlook for GBP/JPY this week? Let me know in the comments! 👇
#TradingAnalysis #GBPJPY #ForexTrading #MarketBreakdown #FibonacciLevels #PriceAction"
