GBP/JPY Intraday Bearish
Updated
Morning Traders!
Last week the pair ended reaching the resistance of the bearish channel arround 145,950. Price bounced hard from that upper channel line, breaking the next H1 support level arround 148,450.
As the price bounced hard from the H4 resistance and breaked the H1 support, i'm looking for the price to reach the next support level arround 147,900.
So today i will be looking for sell positions in a M15 TF.
Good Trading Traders!
Last week the pair ended reaching the resistance of the bearish channel arround 145,950. Price bounced hard from that upper channel line, breaking the next H1 support level arround 148,450.
As the price bounced hard from the H4 resistance and breaked the H1 support, i'm looking for the price to reach the next support level arround 147,900.
So today i will be looking for sell positions in a M15 TF.
Good Trading Traders!
Note
Price has retested the resistance level and has been rejected.Order cancelled
Price got above the resistance, so trade invalid.
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.