30m sell printed by Swing Sniper. The price then retraced after signal and formed a new 30m supply zone. Price is currently retesting this zone. Should drop soon. Minimum TP 196.05. TP2 = 194.05. TP3 = 191.65.
#GBPJPY UPDATE GBPJPY is exactly on the way as predicted. Already in good gain . Still getting a good volume. We can see gain here upto 300Pips+ soon. Keep in touch we will update further soon.
Traders are closely monitoring the GBP/JPY pair, eyeing a potential buy opportunity as it approaches the buy zone at 194.70. This level signifies a significant support zone where buyers are expected to enter the market with increased activity, potentially driving GBP/JPY prices higher. Traders view this buy zone as an optimal entry point to capitalize on potential...
GBPJPY bounced the buyside liquidity price have been on rejections from this zone am expecting another engulfing confirmations to push price to the upside am longing from this zone..........
Chart back to support level soon. Long Chart Analysis.
Trailing and scaling initial trade great opportunity for another entry at this level for a short. Price was at a bearish retracement 61.8% broke out of the micro bullish channel. The previous bearish move was extremely violent in comparison to the bullish move that took a whole week. I will ride it down to about 61.8% retracement of the most recent bullish move.
It is expected that the price will move according to the specified path and after some correction, the upward trend will continue
The greenback steadied on Friday after dropping floor withinside the preceding consultation on susceptible jobs records, whilst sterling edged up following stronger-than-anticipated boom figures. At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, changed into buying and selling simply better at...
GBPJPY may rise again from the support area The price has already tested a strong daily support area near 191.40 After the price depreciated by 900 pips by the BOJ intervention which was never accepted by them, we could see GBPJPY rise to at least 195.00 again The BOJ's indifference and small interventions are not supporting the JPY to get stronger. We may...
- Candle closed bullish the previous day. If we are looking for a bid price, then we will continue to short until daily resistance levels are formed on July 1, 2004 and March 21, 2008 - If we are looking for a sell, we will trade before February 3, 2005 and trade at the daily resistance level on October 25, 2004. - Wait 1 hour for the candle to close above or...
Hello,Friends! We are now examining the GBP/JPY pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 193.922 level. ✅LIKE AND COMMENT MY IDEAS✅
GBPJPY just sweeped liquidity 196.10 now price is heading to create new high at 197.500 area before price retraces down forming a perfect rising wedge JOIN AND ENJOY
HI traders, seeing GBPJPY is having high upside potential given weak JPY and potential strong upside for GBP. Good luck!
GJ is on its continued bullish run. I expect it to climb until real news happens on 5/14 at 2am EST. With that news GJ will more than likely stay on the positive side and continue on its bullish run for the week. As always I have marked up both buy and sell. Take both delete the one that doesn’t activate to be safe. SL is right around at 40pips. Feel free to...
The GBPJPY is displaying robust movement within a bullish channel. Additionally, a bullish reversal occurred near the lower boundary of the channel, indicating significant support. Given the proximity of this bullish momentum to the upper boundary, which has historically acted as resistance, a reversal is anticipated, potentially leading to a bearish movement in...
Do we have a potential monster trade opportunity in front of us? If the trend reversal on the higher time frame sticks, we could have an opportunity to get in right at the base of a next major move! In the chat we are looking at a bullish break of market structure. We discuss the trend price action and some concepts around building a position early on in a higher...
#GBPJPY UPDATE Hey team hope you all are enjoying our ideas and analysis Now we are here to discuss about GBPJPY. GBPJPY is getting a good bounce from this support level. Here we can see gain upto 300Pips+. Keep in touch we will update further soon.
On the 15 minute timeframe, has tapped into the 15 minute OB. Ideally during Asian Open, price might come lower into the 5 minute OB which is still unmitigated. 2 Scenarios i am looking to take advantage off. 1) If price decides to respect the 5 minute OB at 194.941 and create a bullish CHOCH with a body candle close. 2) If price action breaks below the 15...