GBPJPY - Preparing For Decline
Updated
Overall, the trend is upward.
Uptrend: The price is currently trading below 192.83 and attempting to break through this level. If successful, with a 4H or 1D candle closing above, it is likely to rise towards 195.90, then start to decline.
Downtrend: as long as the price is trading under 192.83, it will fall to cross 191.18, and below it will touch 188.02.
Tendency Keys: 192.83
Uptrend: The price is currently trading below 192.83 and attempting to break through this level. If successful, with a 4H or 1D candle closing above, it is likely to rise towards 195.90, then start to decline.
Downtrend: as long as the price is trading under 192.83, it will fall to cross 191.18, and below it will touch 188.02.
Tendency Keys: 192.83
Trade closed: target reached
The price reached the upper resistance level and then began to decline. It is currently trading below the 191.20 support level, targeting the 188.01 level.
about 4 Analysis per day.
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.