Is GBPJPY Ready to Crash?
Hey y’all…
I think I said Happy Sunday in the beginning of this video…it’s not Sunday…it’s Monday! That’s how much these allergies are kicking my tail right now.
Anyway…I’m taking a look at GBPJPY. Yall know these JPY pairs have kicked my butt these last couple of months. We are at 4 year highs and I see the potential for some pullback.
Join me as I complete a full multiple timeframe analysis of this pair using, Fibonacci, chart pattern, trendlines and key levels of support and resistance.
What are your thoughts for this pair?
Are you long or short?
#GBPJPY #technicalanalysis #fibonacciretracement
================================================
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.
===============================================================
Register to Attend the FREE Mini-Course
Download Your No-Cost Trading Plan Template
Join My No-Cost Facebook Group
Download My Lot Size Calculator
Connect with Me on Facebook
Follow Me on Instagram
Take the 5ers Challenge Here
Sign Up for The TradingView – The Software I Use to Mark My Charts
Sign Up for SmartTrader – The Software I Use to Mark My Charts
ˑ༄ؘ ۪۪۫۫ ▹SOCIALS◃ ۪۪۫۫ ༄ؘ
IG: @kacijackson_
E: team@theprofitplay.co
Disclaimer
Legal Notice: The views and opinions expressed on this channel are provided for information purposes only and should not be taken as (a) a solicitation of an offer to buy or sell a currency, (b) an endorsement or recommendation of any particular trading strategy or (c) investment advice.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
For some reason I avoid JPY pairs. I never have any luck with them
Great video
Price is very similar to EUR/JPY, just a waiting game now !
Great analysis ❤
Hi Kaci. Thanks so much for this GJ analysis, i have been waiting for this like forever. your videos are a one stop shop to learn and earn. God bless you. I am also taking this set up i believe the Yen is oversold. the risk to reward is ok. No risk no reward. Thanks so much once more.