GBPJPY Long Analysis
It's a new week i hope you are pumped for the trading weekend. On the opening of the market, we can see a possible high forming on the hourly and breaking the high @ 149.761. If the market can close above 149.761, we should expect a bullish run or push up to 151.010.
Meanwhile, on the H4, price seem to be respecting our support line @ 149.471. On that note. we'll be expecting a bullish push which will be forming a bearish retracement @ 151.010
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The weekly seem to be telling a different story meaning, we should be expecting a deeper retracement to 151.874.
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We'll settle on the Daily timeframe, which is the retracemet to the neckline of the Double top that was formed.
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Do your proper analysis before taking a trade.
Meanwhile, on the H4, price seem to be respecting our support line @ 149.471. On that note. we'll be expecting a bullish push which will be forming a bearish retracement @ 151.010
...
The weekly seem to be telling a different story meaning, we should be expecting a deeper retracement to 151.874.
...
We'll settle on the Daily timeframe, which is the retracemet to the neckline of the Double top that was formed.
...
Do your proper analysis before taking a trade.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.