GBP/JPY | forecast channel pattern target levels 184.500
📉 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!
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🔻 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!
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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.
🚀 Free Signals – Join Now!
💰 Get daily FREE Signals with high accuracy!
🔹 2-4 signals daily with precise targets 🎯
🔹 High success rate 🔥
🔹 Lifetime free trial in our VIP group!
📢 Don’t miss out – Join now!
👉 t.me/forexempire0101
💰 Get daily FREE Signals with high accuracy!
🔹 2-4 signals daily with precise targets 🎯
🔹 High success rate 🔥
🔹 Lifetime free trial in our VIP group!
📢 Don’t miss out – Join now!
👉 t.me/forexempire0101
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.