GBPJPY Technical Analysis 21.08.2023 1h chart
– Previous Weekly candle closed Bullish around 185.040 leaving a Rejection at 186.490 as price approach strong Monthly Resistance formed in November 2015, Friday Daily candle closed Bearish respecting Daily Resistance formed on Thursday last week.
– Buys on close above 185.290 targeting 1h Resistance formed at 185.670, Leaving Runners to the Daily Resistance formed at 186.250
– Sells on close below 184.560 targeting 4h Resistance formed on 14th August 2023 at 184.060, Leaving Runners to the 4h Support formed at 183.610.
– Ideally is to allow the Asian session to form new Price Action for the new Weekly candle and wait for a higher probability set up around Pre London session.
– Buys on close above 185.290 targeting 1h Resistance formed at 185.670, Leaving Runners to the Daily Resistance formed at 186.250
– Sells on close below 184.560 targeting 4h Resistance formed on 14th August 2023 at 184.060, Leaving Runners to the 4h Support formed at 183.610.
– Ideally is to allow the Asian session to form new Price Action for the new Weekly candle and wait for a higher probability set up around Pre London session.
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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.