GBPJPY - Look for Continuation Long (SWING) 1:4!
Updated
GBPJPY isn’t showing any signs of reversal yet, especially following the election of Japan’s new PM and the recent BOE decision to maintain interest rates. Technically, the price appears to be forming a symmetrical triangle, suggesting a potential breakout from the resistance trendline. If confirmed, this could propel the price to the next Supply Zone on the higher timeframe.
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!
Trade active
80+ pips and running, hopefully it reaches the TP. Let's go!
Trade active
Price is ranging waiting for the next push factor, as of now we have managed secure 167pips from the Entry Level, let's see how the market goes next week!
Note
212pips+, few catalysts coming up on GBP Pair, we will see how it goes!
Trade closed: target reached
400pips! Last TP Hit! What a solid SWING.
_S.Fx_
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.