The guppy has been steadily rising for the past 18 trading days after a significant drop due to likely BOJ intervention. So, what’s next? In my opinion, this pair is highly overbought across all time frames. A correction seems imminent. If you look at the daily chart, the steep and prolonged uptrend suggests a significant drop is likely. The 4-hour chart...
Pair : GBPJPY ( British Pound / Japanese Yen ) Description : Double Top as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Resistance Level
We have come to the previous top from a month ago. We are also extremely overbought. I expect a breakdown here once we close below current structure.
We have come to the previous top from a month ago. We are also extremely overbought. I expect a breakdown here once we close below current structure.
Here on GBPJPY price has broken the trendline after a series of bouce on support area this show there is likely to have have a huge move down sice the previous trend was not healthy enough. So the target profits should be at the previous support level of the first and the second previous support for another take profit.
GBPJPY is moving in an ascending channel. The price has an opportunity to test the resistance zones. If the price cannot break through the resistance level, it is expected that there is a chance that the price will fall.. We expect a bearish move from the confluence zone. Hello Traders, here is the full analysis. I think we can soon see more fall from this...
Dear All, This my idea for sell once sell candle Confirm then only i go short this is my ideas only. what you flow your trading statistics you can continue. you need more my ideas flow me
Dear Traders, GBPJPY from our previous chart analysis on gbpjpy, the price moved as we hoped for, however, after looking at the recent market behaviour, we realised that JPY Pairs will start turn bearish. JPY is currently retesting a very key level where we can see a vast amount of interested coming in from whales to pump the currency, even BOJ is likely to...
Hope all of you having a great weekend, Today we will be having a look at GBPJPY, the pair was extremely bullish since January as YEN plummeted at the record low. BOJ decided not to change its interest rate policy and decided to kept the rate as it is, leading fear within the investors which lead yen to plumment even further. However, price dropped significantly...
Sell on the theory markets ranges 70% of the time. Sell on the theory markets retraces HALF of the previous move 90% of the time. Wait for 30m LTF breakdown for confirmation.
GBPJPY is moving in an ascending channel. The chart has reached the resistance level. The pair has reached the maximum since 2008, and the chart is barely reacting to the news that the Central Bank of England will probably not cut the rate this year. The volatility of the price movement has decreased. We expect a correction in the...
GBPJPY is likely to experience a decline in the next few days, with the movement of gbpjpy already touching the upper channel boundary, which creates a strong barrier for gbpjpy to rise further. I hope gbpjpy will take corrective steps first before continuing its increase
Hello traders, here is a setup of GBPJPY and you can see that the price has been on a bullish trend for the past weeks and months so now it has reached the level of resistance (red zone) I will wait for the price to break it then pullback then I can look for bullish opportunities.
On the daily timeframe, GBPJPY has demonstrated a strong bullish trend. Our main goal is to identify a buying opportunity that aligns with this ongoing trend. Assuming price action unfolds as discussed in the video analysis, we anticipate favorable trading conditions. The video covers critical aspects such as trend analysis, insights into price action, market...
The GBP/JPY is following an ascending channel, presenting a selling opportunity after bearish price action at the channel's resistance trendline. Look for confirmation signals such as a bearish engulfing pattern or a rejection wick to validate the sell entry. Maintain proper risk management to account for potential volatility.
Hello Traders In This Chart CADJPY HOURLY Forex Forecast By FOREX PLANET today CADJPY analysis 👆 🟢This Chart includes_ (CADJPY market update) 🟢What is The Next Opportunity on CADJPY 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...
Explore the latest trends in the GBPJPY forex pair with identified sell levels at 195 and 197. Our comprehensive analysis delves into key market drivers, technical indicators, and fundamental factors, providing strategic insights for navigating the dynamic GBPJPY landscape.
Dear All, this my idea for sell once sell candle or 30min choch get then only i go short this is my ideas only. what you flow your trading statistics you can continue. you need more my ideas flow me