GBPJPY - SELL Pressure
Updated
Overall, the trend is upward.
Uptrend: The price is currently trading below 193.320 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 193.320, it will fall to cross 191.58, and below it will touch 188.23.
Tendency Keys: 193.320
Uptrend: The price is currently trading below 193.320 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 193.320, it will fall to cross 191.58, and below it will touch 188.23.
Tendency Keys: 193.320
Trade closed: target reached
as we mentioned, the price rose to 195.99 and then fell to below 191.58.
Currently, the price will make a short correction toward up, then should close the 4H candle under this level, to be more bearish.
Trade closed: target reached
We are waiting to close the 4H candle below 191.58. to confirm the bearish trend toward 188.23.
about 4 Analysis per day.
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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
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