gbpjpy short idea a new set of LL and LH are being formed. as long as the previous high isnt broken we should see minimum target 1 hit . this could be the start of a smaller downtrend within the overall trend itselfShortby billiionaire2
GBPJPY 1H Timeframe AnalysisGBPJPY 1H Timeframe Analysis As per Elliott wave trend reversal sign. The daily market is moving very slowly just look at the bullish candle. Shortby institutional-trader-community8
GBPJPY: Possible Start Of Bearish Move? Read To KnowDear 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 intervene as if JPY drops further it will likely to cause economic instability within the county of Japan. **If you like our work please like , comment and follow us which will encourage us to bring you more ideas**Shortby Setupsfx_383873
long GJJpy market looking pretty good, but USA isn't this week. i'll be looking for a retracement with some wick as support to long this trade. maybe only 1 x order if happens today, don't like trading on mondays. Longby FormedzeusUpdated 221
GBPJPY UPGBPJPY Going up to 204.400 as i think if price closed above the target will put the next target Longby Ehab_AliUpdated 1
lookingn for retracementif price drops back down, im looking to enter a long around here, but im expecting it to hard pump, if no pump or any rejection, i'll close it. Longby FormedzeusUpdated 1
SUPPORT AND RESISTANCE / PRICE ACTIONGBP/JPY analysis 4H time frame. Hello guys I am looking a potential sell today as marked for Asian session catch this trade with proper risk & money management and enjoy the good profits! Let's delve deeper in to these levels and potential outcome.Shortby TradeTacticsrealUpdated 2
NEW PEAKGBPJPY Tendency the price is a long pressure in between 198.552 and 197.956 Turning level : The turning level between198.552 and 197.956 so as long as the price above this level, there will be a new peak resistance level : trade above turning level between 198.552 and 197.956 , the price will rise to 199.996 and 200.934 support level : braking a turning level 198.552, the price will reach the support level of 196.881 and 195.574 corrective level : price will attempt between 198.552 and 197.956 , correct itself before long Longby ArinaKarayi2
SHORT GBP/JPY from 199.70The high of 200.55 back on 24th April saw a deeep and rapid decline in GBP/JPY. I SHORTED this pair at 200.18 at the end of May and exited when the price started to head north. I SHORTED again after when the price returned to the 200 level and exited for 80+ pips when the price hit the 200 EMA on H1. 2 candles ago GBP/JPY BULLS pushed the price back above the 200 and the last H1 candle was a wide doji indecison candle as was the last H4 candle. It cannot be ruled out that GBP/JPY BULLS wont push the price higher from these levels, the signs are that any move higher presents an opportunity to SELL. The H1 Andean OScillator is signalling SELL on H1. The last 4 H1 candles have closed near the 200 EMA. The RSI is heading south on H1. The MACD is signalling SHORT on H1 and is moving under zero. It has to be remembered that all JPY pairs are in an uptrend. GBP/JPY has been heading north since August 2020 so this pullback is just that - a pullback to lower ground. How deep is the question. Previously we've seen GBP/JPY pull back to the 50 EMA on D1 which comes in at 196.00 are so its well possible that this level could be reached but news over the next few days will impact direction. Today we have Final Manufacturing PMI and ISM Manufacturing PMI out of the US. Its unclear how much this pair will be impacted on the print so tighten stops just to be safe. Shortby forextraplaces1
ShortPrice is currently at a retest of the most previous low which is also a imbalance which indicates a buy. Price has just rejected from the nearest QP and has the potential to short 250 pips down. GJ is known to move from QP in one day. We are currently in a market pullback/ correction so this position should not be held long. Once we reach the next area of resistance, which is a strong daily resistance, we will buy. Shortby tstephen0101
uptrend It is expected that the price will cross the ceiling ranIt is expected that the price will cross the ceiling range and continue the upward trend until the specified resistance levels are formed Longby STPFOREX1
GBPJPYThis Weekly FORECAST Opportunity for GBPJPY. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN2
GBPJPY Trade Breakdown 1.61RR 05/06/2024Trade Analysis and Strategy for GBP/JPY Today, I executed a trade on GBP/JPY with a risk-reward ratio of 1.61. Here’s a detailed breakdown of my approach, including my analysis, techniques, and strategies. Time Frame Analysis: - Time Frame: I focused on multiple time frames, including the one-minute and five-minute charts, to pinpoint precise entry and exit points. - Direction: Understanding the market direction is crucial. I analyzed the trend and momentum to ensure I was trading in alignment with the prevailing direction. Executing the Trade: - Avoiding High-Impact News: It’s important to stay out of the market during high-impact news events, often marked in red on economic calendars. Today at 2:45, I noticed Canadian news and chose to close my trade due to its potential impact. Similarly, I closed my position manually before the high-impact USD news at 3:00. - Risk-Reward Ratio: I maintained a 1.61 risk-reward ratio, which is a solid strategy. Remember, a win is a win, and profit is profit, regardless of the size. Don’t hesitate to secure a small profit—it’s better than a loss. Key Takeaways: - Avoid trading during red impact news events. - Stick to your risk-reward strategy. - Celebrate every profit, no matter how small. Thank you for your support! Please share, comment, and like this post to help me reach more people and spread effective trading strategies. MOHAMED AFRIDEEN ABDUL KALKShort08:36by AfrideenAyanAimen2
will try this outlooks good, JPY news pretty bad, seems no choice but to buy againLongby FormedzeusUpdated 113
GBPJPY is at decision point--------------GBPJPY EITHER WAY-------------- This pair is at decision point at the moment. There are two scenarios, both have 50% change. Now the best thing one can do is to watch the next couple of hours (NFP can be a trigger) how this course will behave. I am waiting for the short opportunity but there is a massive bull trend, so this bullish sentiment can prevail. The best asset a trader can have is patience. This is where most of the traders fail and it is even harder when you are in profit. Take care and trade well! This is not a financial advice, do your own analysis and research. by Szuperpotyka2
GBPJPY EVERYDAY TRADE SETUP 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 meShortby TradsTrendTacticsUpdated 9
GBPJPYPair : 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 Levelby ForexDetective13
GBP/JPY BEARS ARE STRONG HERE|SHORT Hello,Friends! GBP/JPY pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1D timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 195.147 area. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals2216
📉⚡ *Heads Up Investors! GBPJPY Rally Watch!* ⚡📉🔥 Attention traders! 💎 GBPJPY is soaring, shattering benchmarks with elegance! ⚡ Here’s the update: 🔎 GBPJPY Analysis: 📈 Locked in an intense battle between 200.250 and 200.414. 🧐 Is a breakout imminent? 📉 Bearish Scenario: ⏬ Stay cautious for potential drops if it falls below the range! 🎯 Targets: 200.050, 199.995. 📈 Bullish Scenario: ⏫ Watch for buying signals if it climbs above! 🎯 Targets: 200.540, 200.550. 💡 Join the Conversation: 🗨️ Share your insights as we navigate this sterling journey! 📢 Let’s achieve new milestones together! 🚀by hanalyeeforex2
gbp/jpy bulish continuationi aspec j/j to breakout my trend line and continuing to the up side Longby Thund3r_FX2212
GBPJPY H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 199.90, which is a multi-swing high resistance. Our take profit will be at 198.10, a pullback support level close to 23.6% Fibo retracement The stop loss will be placed at 200.56, which is a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants. Shortby FXCMUpdated 2216
GBPJPY market structure at 4-hour time frame4H is swing bullish => current is pullback dow We buy in this OB order blockby quangcttnUpdated 6
Short GBPJPYLooking to short GBPJPY. GJ is currently trading a VERY strong uptrend, when it moves like this counter trading must be smaller take profits. Considering this, I am still looking to short based on what the chart shows us. Confluences: Previous weekly high/weekly intra key level Alignment to AUDJPY Entry price: 200.420 Stop: 200.900 Target: 199.80 With alignment across JPY pairs, this gives a level deeper than just technical. Catch you later traders ▲ Shortby FalkenFxUpdated 223