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Gbpjpysetup

GBPJPY is Doing a Lower Price Push Movement1. Pair GBPJPY has made a strong bullish trend, but not always will this trend persist. The end of this trend is indicated by the formation of a volume divergence on the chart with a yellow line. -------------------------------------------------- -------------------------------------------------- ---- 2. This pair must return first to the Fibonacci level retracement which is at level 0.618 (minimum) or can be further to level 0.5 -------------------------------------------------- -------------------------------------------------- ---- 3. Consolidation of prices will be quite time consuming and may take a relatively long time, so stay patient until the formation of price action is formed. -------------------------------------------------- -------------------------------------------------- ---- 4. It is stop out at the price of 148,700 -------------------------------------------------- -------------------------------------------------- ---- 5. And the last one is the Take Profit price of 145,830 -------------------------------------------------- -------------------------------------------------- - ############################## Conclusion: Signal Strength >>> $$$$$ Recommendation: Sell Limit >>>>> Very Strong ############################## ----- This writing is for education only and does not recommend to buying or selling ----
Short
by VolumeWaveFX
GBP JPY BEARS TAKING CRONTOL!!!GBP JPY, I simple trade. I want to put a clean and simple chart , so I decided to just show the directions! However, If you would like to know and learn how we analyse this pair, Please drop up a comment! At the exact moment this pair looks that will reverse back to 143.604 and then the sellers together will take the price of the pair to South ! However, a clean break of 142.139 will give us indications that we will go directly to the target! Personally, I want to see the pair re-touch 143.604 for a better entry and of course more Points ahhaha. All the best! Trading Protection
Short
by TradingProtection
GBP/JPY 4HR VIEW HUGE INCOMING BREAKOUT 4K+ PIPSAs you can see in this 4 hour view, market is forming a pennant/falling wedge, this happens to be a breakout to the upside so i expect market to breakout on top. Not mentioned in the video is the fact that market is currently forming a rectangle channel within the pattern formation and this is a sign of breakout soon to occur, highly expect a breakout this week. Using support and resistance areas you should be able to work out a good buy in/exit spots buy simply looking at market history. I have worked out that this market should give atleast 4000 pips (a potential 5000 pips) if bought at the bottom/support area before breakout. This way you learn while you trade and know how to spot patterns and how to outline them and workout your entry and exit positions. SPOTTING PATTERNS IN MARKET: cdn-images-1.medium.com pbs.twimg.com HELPFUL VIDEO TO TEACH YOU HOW TO TRADE: www.youtube.com www.youtube.com DISCLAIMER; Do set stop losses when trading but be generous with how much room you allow for this due to candle wicks and there is also the possibility to hedge yourself, for more confident traders. All comments and questions welcome, if curious about indicators I use then feel free to inquire. IF YOU SUPPORT MY IDEAS THEN DO LIKE, FOLLOW & SHARE. ~ THANKS! ~
Long
by Dani0
5
Short GBPJPY Longterm Based on Daily + Weekly Charts. 500+ PipsWe went long on GBPJPY from 140 to 147 and now we have the opportunity to short this pair back down to the trend line. We can see the price has re-tested the 147 resistance line again, making it the third test in 8 months, which meets the requirements of a possible triple top. In order for this to become a valid triple top, we need to wait for price to break below the support level. I will be monitoring this pair on multiple time frames. This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits. Please comment below and Like if you agree with my analysis.
Short
by AEFX786
3
GBPJPY already formed Reversal Signal!!!! Hi traders, After a long time of waiting, GBPJPY has formed a reversal signal , which is a good looking pinbar at support area!! Yay!! :) Well, I'm not 100% saying that GBPJPY will go up, instead I'm it has higher probability and possibility to go up. The risk-reward is beautiful. Therefore, I would suggest you to do a long position on this pairing. If you like this, please subscribe me for more setups and ideas in future. Thank you and feel free to exchange your ideas with me. **Trade with care**
Long
by jianan.khaw
Will GBPJPY form a Reversal Signal at 138.5~139.0 support area? Hi traders, 138.50~139.00 is an important support area for GBPJPY, as it has successfully supported GBPJPY 3 times. Of course, I hope this will be the fourth time. :) Waiting for a clear signal is more important than simply execute a trade without confirmation.Therefore, keep an eye on this pairing when it has formed a reversal signal . TP1,2,3 is on the chart. Thank you and feel free to exchange your ideas with me. **Trade with care**
Long
by jianan.khaw