I think the index has reached a significant resistance level, where I expect a potential reversal. The recent upward momentum appears to be losing steam, and this resistance zone could prompt a pullback. Based on this analysis, I’m anticipating a bearish move, targeting a drop to lower levels. My risk is managed with a tight stop-loss just above the entry,...
In my view, GBP/JPY is showing strong bullish momentum within a well-defined ascending channel. This structure provides clear boundaries for potential pullbacks and rallies. The FVG suggests the possibility of a gap-fill before continuing upward. Additionally , key Value Areas - with VAH (193.041) as resistance and VAL (190.511) as support -highlight strategic...
after a sharp drop , price has entered a strong demand zone , showing signs of bullish reversal. A key support level held, and a bullish candlestick pattern suggests buyers are gaining control. this will be a good set up offering a favorable risk to reward ratio. making a solid buy opportunity
