Sterlina / Yen giapponese
Long
Aggiornato

GBPJPY: Weekly overview + Significant zones

121
Hello dear traders,

The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones.

These points can also be confirmed by the mathematical intervals of Murray.

After reacting to the following zones, you can enter the trade. Place the stop loss slightly above/below the zone to which the reaction was shown. The profit point is the next zone.

The drawn channels and their medians can also be considered as moving support and resistance. I usually use them as target points. I've doubled the short-term channel because it was so thin ;-).
* I don't use 189.663 zone to take short! There are too many moving S&R around it.


This analysis is valid until the end of the week.

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Important news that could change the direction of the trade:

Wed: Great Britain CPI of April.
Trade attivo
Small profit for me!
Ut was a nit bad week!

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