📊 GBP/JPY 2H Chart Analysis & Signal 📊
The pair has faced rejection from the 191.252 resistance level, indicating a bearish sentiment. If price sustains below this zone, a further drop is expected toward lower support levels.
Trade Setup:
🔹 Sell Zone: 190.700 - 191.252
🔹 Take Profit Targets:
TP1: 190.326
TP2: 188.536
TP3: 187.000
🔹 Stop Loss: 191.252 (Above resistance)
🔹 Entry Confirmation: Wait for a clear rejection or bearish confirmation around the resistance zone before entering the trade.
⚠️ Risk Management: Always secure profits using break-even levels once the trade moves in your favor.
The pair has faced rejection from the 191.252 resistance level, indicating a bearish sentiment. If price sustains below this zone, a further drop is expected toward lower support levels.
Trade Setup:
🔹 Sell Zone: 190.700 - 191.252
🔹 Take Profit Targets:
TP1: 190.326
TP2: 188.536
TP3: 187.000
🔹 Stop Loss: 191.252 (Above resistance)
🔹 Entry Confirmation: Wait for a clear rejection or bearish confirmation around the resistance zone before entering the trade.
⚠️ Risk Management: Always secure profits using break-even levels once the trade moves in your favor.
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.
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.