Paun British / Yen JepunSingkat
GBPJPY: Short Term Resistance Area
Telah dikemas kini
From a technical point of view, GBP/JPY pair has reached an important resistance area, that said, if the pair triggers a bearish leg, something like a ABC Pattern may appear. Above 167.40 the rally will continue 170 direction..
Trade with care! đź‘Ť ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! đź’–
Cheers!
N.B.: Updates will follow below
Trade with care! đź‘Ť ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! đź’–
Cheers!
N.B.: Updates will follow below
Nota
Like if our updates make you happyNota
As long as the price action remains below the trendline, it should reach 167 areas in the short term.Dagangan ditutup: sasaran tercapai
tp1 hit đź’—Nota
As long as price remains below the trendline, short-term trend remains bearish with the next stop around 166.80. Bullish above 167.80.Dagangan ditutup: sasaran tercapai
short term target hit! đź’—Nota
Our analysis seems to have been correct (it's never easy to find a reversal area...) and our focus on trendline and channel worked well. That said, technically speaking, the bearish leg might find short-term support around 166.18/166 area, let's see…Nota
Nota
Nota
Our support area seems to have worked properly, hence the pair has triggered a nice rally at the end of week. That said, as we see on hourly chart, the pair has not developed an easy corrective structure, still showing strength on the British currency in near term (Supporting this comment is the full recovery of daily candle).Early next week will see major resistance area approaching and I expect some corrective (bearish) structure on intraday chart.
Nota
đź”” Help us reach 50 Likes to keep posting updates next week...
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.