Hello guys!
If we analyze H4 chart then we can see that GBPJPY created nice downside channel and try to go down. In my opinion, it will start to go downward from starting 159.890.
We can open SELL orders or use SELL STOP orders also.
Possible targets are:
1. 158.730
2. 156.720
3. 153.330
Stop Loss is important also. It can be here - 162.750
If we analyze H4 chart then we can see that GBPJPY created nice downside channel and try to go down. In my opinion, it will start to go downward from starting 159.890.
We can open SELL orders or use SELL STOP orders also.
Possible targets are:
1. 158.730
2. 156.720
3. 153.330
Stop Loss is important also. It can be here - 162.750
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.