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Gjanalysis

GBPJPY ANALYSIS [W/B 10/06/24]GJ has been interesting to me the last few weeks. It has a dilemma that it is going through. As seen within the POI, there is plenty of imbalance which could force price downwards, with confluences such as structural breakdown and imbalances left over downwards in the demand area - however price has - within the last significant periods - been trading upwards. I agree that if the upper zone of this POI is broken - we could well see a very lengthy and strong bullish run - especially as on the weekly chart there was a lot of imbalance left over. If we see structural breakdown to the downside I am expecting any of the drawn out TP's to be taken.
Short
by saintprincevvs
1
GBPJPY Analysis (3rd May 2024) GBPJPY Analysis Currently on the 15 minute timeframe, price is still respecting the 15 minute bullish OB. If price decides to go bullish and break 192.555 with a body candle close, Longs are more likely to play out. I would like to see retest of that level before continuing to look for buys. On the flipside, if price breaks the 15 minute OB with a body candle close, i will be waiting for a retest to continue lower. Confirmations of 5 minute FVG and OB will be needed in order for me to take sells.
by CallistoFX
GBPJPY Analysis (16th April 2024) Market Analysis PT2/2 (16th April 2024) GBPJPY Analysis On the 1 hour timeframe, price action created a bearish Change of Character after rejecting off a psychological level at 192.700. In the process of forming a 1 hour CHOCH, price also created as 15 minute orderblock that hasnt been tested. I am expecting price to retrace towards the 15 minute unmitigated orderblock before looking for potential sell confirmations during the london session. Do keep a lookout for this potential set up!
Short
by CallistoFX
GBP/JPY BUYSGJ closed above buy zone (189.15) zone on the 1h at GBP 9.00am Upon seeing this as the stop loss would have to be placed below the 1h candle @188.75 I waited for price to come down to entry range of 189.00- 189.10. Where I entered manually @189.08 with [email protected] (risking 33pips). TP1:189.47 TP2:189.75 TP3: 189.85. TP4:190.00 * Where has the market moved since I entered my trade? Slight profits * If I looked at the market now, would I take the same trade? Yes * How do I feel about my trade? Optimistic * What do I like about this trade ? Waited for good entry * What do I dis-like about this trade now? Taking its time and choppy * On a scale of 1 to 10, where would I rate this Trade now? 7/10 * If I were not in a trade now, would I take the opposite trade ? no
Long
by mrachaw
GBPJPY 4/11/2022Price after a retest on a HTF major support zone at 165.058, its currently showing signs of facing support as it formed a double bottoms pattern there followed by some price rejection/bullish momentum while its also facing resistance at 166.257. now if price on a 30m TF closes above the resistance, then we can expect gj to go for some reversal all the way towards the next HTF key level at 167.685. And if price closes below the support then gj might continue its bearish run towards the next key level at 164.258.
by mightybullcapital
GJ- GBP / JPY ANALYSISGBP / JPY- Great British Pound Vs. Japanese Yen- Daily Time Frame Chart Analysis + Key Weekly & Daily Chart Market Levels ✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬ ✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬ #1. D1-DTFC MARKET TREND ✬- Market Trend / Market Bias- the Daily Time Frame Chart Market Trend / Market Bias-✬ MARKET TREND / MARKET BIAS- The Overall Daily Time Frame Chart Market Trend As Of Right Now Is BULLISH- The Market Is In A Bullish Trend The Market Has Been In An Uptrend Since The 19th Of March, 2020 It Has Been Constantly Rising And Making HH- HIGHER-HIGHS & HL- HIGHER-LOWS 1- The Market Then Suddenly Made An Explosive Move Upward Where It Came Into Contact With The Key Weekly Time Frame Chart Market Level Of Support At 131.780 2- The Market Then Continued Its Push Higher Upward Where It Broke Past The Key Weekly Time Frame Chart Market Level Of Resistance At 131.780 3- The Market Then Re-tested That Same Key Weekly Time Frame Chart Market Level Of Resistance... Which Has Now Turned To A Key Weekly Time Frame Chart Market Level Of Support At 131.780 4. The Market Then Continued The Push Higher Up Where To A Key Daily Time Frame Chart Market Level Of Resistance At 142.760... Where It Then Retraced Back Down Near To The Support Level At 131.780... Which Initiated A Push Higher Up Making HH- HIGHER HIGHS & HL- HIGHER-LOWS... 5. The Market Then Arrived At A Key Weekly Time Frame Chart Market Level Of Resistance At 142.760... Where It Clearly Broke Through The Key Major Resistance Level... And Ultimately Pushed Higher Up Throught The Key Daily Time Frame Chart Market Level Of Resistance... Where Price Hung Out / Consolidated At That Level For About 3 Days... Where It Then Pushed Price Higher Up To Break Past The Key Weekly Time Frame Chart Resistance Level At 148.440.... To Then Stop And Retrace A Bit Which Resulted In The Creation / Formation Of A PRICE ACTION MARKET TRADING SIGNAL / SETUP At The Key Daily Time Frame Chart Market Level Of Support At 148.440 6. The Market Then Reacted At That Level Which Ultimately Pushed Back Price Up Substantially... Where Price Then Arrived At A Key Daily Time Frame Chart Market Level Of Resistance... Then Retraced Back Down Near To The Same Key Daily Time Frame Chart Support Level At 148.440 7. The Market Then Pushed Up And Then Hung Around / Consolidated At That Key Daily Time Frame Chart Market Level Of Support At 150.796... For About 3 Days Before Ultimately Pushing Higher Up... 8. The Market Then Approached A Key Daily Time Frame Chart Market Level Of Resistance At 153.408... Where It Ultimately Began To Interact With That Same Key Daily Time Frame Chart Market Level Of Resistance... Where The Market Then Began To Move Higher Up 9. As You Can Clearly See From Looking At The Chart That The Market Clearly Encountered Some Resistance At A Support Level At 154.865. Price Then Retraced Back Down Near To A Key Support Level... Where As You Can See Price Then Pushed All The Way Up... Breaking Past The Key Daily Time Frame Chart Market Level Of Support At 154.865... Then All The Way Up To The Key Weekly Time Frame Chart Market Level Of Resistance... Where Price May Now Find Some Serious Resistance When Interacting With That Level... 10. As You Can Clearly See From Looking At The Chart That Price Is Now Looking To Interact With That Key Level... As Of Right Now... We Just Need To Wait And See What Will Happen / Occur... It Is At This Time Now That As A Price Action Trader... It Is Best To Just Sit On Your Hands And Wait To See What Will Be The Outcome... At That Area With The Question Mark... ✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬ #2. W & D1-TFC KEY MARKET LEVELS ✬- Key Weekly & Daily Time Frame Chart Market Levels of Support and Resistance-✬ Analysis of the Weekly Time Frame Chart & Analysis of the Daily Time Frame Chart The Weekly Time Frame Chart Market Levels of Resistance & the Weekly Time Frame Chart Market Levels of Support- Shown on Chart The Daily Time Frame Chart Market Levels of Resistance & the Daily Time Frame Chart Market Levels of Support- Shown on Chart THE KEY WEEKLY TIME FRAME CHART MARKET LEVELS OF SUPPORT AND RESISTANCE ARE: A Key Weekly Resistance Level At- 156.140 A Key Weekly Support Level At- 153.865 A Key Weekly Support Level At- 153.408 A Key Weekly Support Level At- 148.440 A Key Weekly Support Level At- 142.760 THE KEY DAILY TIME FRAME CHART MARKET LEVELS OF SUPPORT AND RESISTANCE ARE: A Key Daily Support Level At- 154.865 A Key Daily Support Level At- 153.408 A Key Daily Support Level At- 150.796 A Key Daily Support Level At- 146.385 ✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬ #3- PA MARKET TRADING SIGNALS / SETUPS As Of Right Now I Am Only Looking For PIN BAR PRICE ACTION MARKET TRADING SIGNALS / SETUPS That May Form / Develop At / From That Key Daily Time Frame Chart Market Level Of Support At 154.865 ✬✬✬✬✬BE ON THE LOOKOUT FOR THE FORMATION / CREATION OF PRICE ACTION MARKET TRADING SIGNALS / SETUPS THAT MAY FORM AT Or FROM THAT KEY DAILY TIME FRAME CHART MARKET LEVEL OF SUPPORT✬✬✬✬✬ ✬✬✬✬✬Smart Thing To Do Now Is Just To Wait For A RETRACE Back To A Key Level Or The FORMATION / CREATION Of A PAM-S/S- PRICE ACTION MARKET TRADING SIGNAL / SETUP To Form✬✬✬✬✬ ✬✬✬✬✬AS THE WEEK PROGRESSES THE MARKET IS SUBJECTED TO CHANGE THROUGH PRICE ACTION MARKET MOVEMENTS...SO BE ON THE LOOKOUT AND STAY ALERT✬✬✬✬✬ ✬✬✬✬✬A PRICE ACTION MARKET TRADING SIGNAL Has Formed From Last Friday's Movement Upward... But That Would Be A Counter-Trend Trade... I Would Prefer To Wait For The FORMATION / CREATION Of A PRICE ACTION MARKET TRADING SIGNAL / SETUP To Form In-Line With The Trend Or From A Key Market Chart Level✬✬✬✬✬ ✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬
by DMAFXTRAD