🚨GBPJPY HIGH PROBABILITY SELL / BUY SETUP SOON 🚨🚨GBPJPY HIGH PROBABILITY SELL / BUY SETUP SOON 🚨
* Here we can see clearly the next potential moves for Pound/Yen in coming hours or days
* Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
* Here we can see clearly we can pull MULTIPLE setups from this trade.
* I'll take first the SELL trade from EP(SELL), till it hit Strong Support Line.
* This is positive for sentiment and the uptrend has potential to return.
* EP(SELL): 180.893
* TP: 178.818
* No SL provided for this trade.
* This is positive for sentiment and the uptrend has potential to return.
* After hitting the Support Line it's going to reverse from there, then we can place EP(BUY) from that level.
* Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
* This is positive for sentiment and the uptrend has potential to return.
* The hourly chart technicals suggests further downside before the uptrend returns.
* We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
* EP(BUY): 179.917
* TP: 181.992
* TP1: 182.939
* TP2: 183.827
* SL: 178.102
* Keep your eye close on your trading positions.
* Happy pip hunting traders.
* FXKILLA *
Gbpjpyanalysis
Update on GBPJPY Seems Bullish Fantastics as the Pair respected the Resistance zone at 183.799 and drop down to the 4hour trendline which is the 200EMA. after the retest the pair seems to be Bullish but this is confirm when the pair pullback to the 180 area of value and does not break through to the downside.
The pullback to that area of value will play a significant role in the Technical analysis for the pair to continue it Bullish run. We are still aware of the bear move that is ongoing and we look to see price go to mitigate the area of value around the 182.88 without pulling back to the 180 zone first then that becomes a confirmation for the bear run.
Bullish Target; 181.3, 182.5, 183.6, 184.7,186.3
Bearish Target; 180.2 179.3, 177.5, 176.02.
Dont Forget to hit the like, share, comment and Follow Bottom
#Vimhype
GBPJPY : Long Trade , 1hHello traders, we want to check the GBPJPY chart. The price is moving in an upward channel. If the price pulls back to the key level between 181.400 and 181.500, we expect this level to maintain the upward trend of the price and cause the price to continue growing. If the price continues its upward trend, we expect it to grow to the next key level, which is around the price of 183.100. Good luck.
GBPJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GbpJpy- Nice bullish setupThe trend for GbpJpy is not only bullish but aggressively bullish and the price gained 2k pips since April and passed 180 (my target for the long term).
Two days ago, the pair dropped shortly under 180, now support, and yesterday's reversal left a piercing candlesticks pattern on our chart.
Today's intraday drop was again met with buying power and so far, the candlestick is a Pin Bar.
In conclusion, as long as 180 is intact, buying dips around 181 could be a good strategy, and, with a take profit around the recent high, a more than 1:2 risk: reward could be achieved.
GBPJPY: Today with market!The GBP/JPY currency pair has experienced its first daily increase in three days following the release of UK inflation data. The data showed that both the UK CPI and Core CPI rose higher than expected in May. The pair has rebounded off of the 100-hour moving average and is currently being favored by positive indicators. With the weekly resistance line acting as immediate upside, buyers are preparing for a potential new multi-month high.
GBPJPY and EURJPY Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPJPY: Strong volatility!The annual Consumer Price Index (CPI) is predicted to decrease to 3.1% in June from the previous month's 4%. Likewise, the Core CPI, which is not affected by volatile food and energy prices, is expected to slightly decrease to 5% from 5.3%. Investors are expected to pay attention to the monthly Core CPI reading as it offers a more accurate portrayal of inflation. It's projected to increase by 0.3% this month compared to May's 0.4% increase. The recent decline in used car prices has led investors to anticipate a subdued inflation report this week.
GBPJPY Setting up for a ShortThis pair has been on my watchlist for the past few days and seeing it has broken through the most recent support level 182.015, I would love to see a retest of same level and then a rejection before I take the position.
Here was what I posted some few days back
Disclaimer:
All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past results does not guarantee future results
🚨 GBPJPY HIGH PROBABILITY BUY SETUP SOON 🚨🚨 GBPJPY HIGH PROBABILITY BUY SETUP SOON 🚨
* Here we can see clearly the next potential move for
Pound/Yen in coming hours or day.
* I can see GBPJPY is still within the Parallel Channel , & it's about to from Double Bottom Reversal Pattern at the Strong Support Line at 182.131.
* EP(BUY): 182.295
* TP1: 183.090
* SL: 181.872
* Keep your eye close on your trading positions.
* Happy pip hunting traders.
* FXKILLA *