📉 GBP/JPY Price Forecast 📉
🔻 Market Structure: Downside Channel Pattern
📍 Fair Value Gap (FVG) Retrace: 190.100
🎯 Entry Point: 189.300
🏆 Target Point: 184.500
📊 Indicator: EMA 50 for trend confirmation
💡 Trading Strategy:
Waiting for a retracement to the FVG zone before resuming the downtrend.
EMA 50 acting as dynamic resistance.
Strong risk-to-reward ratio for potential profits.
⚡ Stay Ahead of the Markets!
📌 Like, Comment & Follow for real-time trade alerts and expert insights!
🔻 Market Structure: Downside Channel Pattern
📍 Fair Value Gap (FVG) Retrace: 190.100
🎯 Entry Point: 189.300
🏆 Target Point: 184.500
📊 Indicator: EMA 50 for trend confirmation
💡 Trading Strategy:
Waiting for a retracement to the FVG zone before resuming the downtrend.
EMA 50 acting as dynamic resistance.
Strong risk-to-reward ratio for potential profits.
⚡ Stay Ahead of the Markets!
📌 Like, Comment & Follow for real-time trade alerts and expert insights!
Trade active
GBP JPY forecast update Touched FVG successful
Trade activate on 190.100
Market back alert trend Selling high chance targets point 184.500
Great jab everyone! Happy trading 🥳♥
Related publications
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.
Related publications
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.