GBPJPY Crash??

Let’s Do A Simple Top Down Analysis on GBPJPY

Hey y’all.

Today I’m going to take a look at GBPJPY. There’s much anticipation of this pair falling, as it’s been on the uptrend for awhile.

I don’t think this pair is quite yet ready to fall. I do think there’s a HUGE opportunity on the table, but not for the BIG move yet.

In this video, I walk thru, step by step, a multiple time frame analysis to determine how I will execute in the market. I use my handy dandy regular tools; trendlines, support, resistance, and Fibonacci retracement and extension.

What’s your bias on this pair? How are you playing this one?

#gbpjpy #gbpjpyanalysis #fibonaccitrading

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Join me as a I take a look at this forex pair and complete a multiple time frame analysis.

I analyze 28 pairs on a pretty consistent basis and choose the pairs that make the most sense for me and my trading style. I mostly look at price action and market structure.

I cover both major and minor pairs. I rarely cover XAUUSD and XAGUSD.

You will typically see me cover the following:

AUDUSD
EURUSD
GBPUSD
USDCAD
USDCHF
USDJPY
NZDUSD
EURGBP
EURCAD
EURAUD
EURNZD
EURCHF
EURJPY
GBPJPY
AUDJPY
NZDJPY
CADJPY
CHFJPY
GBPCAD
GBPAUD
AUDNZD
AUDCAD
AUDCHF
NZDCHF
CADCHF
NZDCAD

As a technical analysis trader, I focus heavily on the Fibonacci sequence, support and resistance and trendlines to complete my outlook.

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