Here on the GBPJPY, we can see that price is heading towards a strong resistant area, after which we expect a bearish reversal to the downside at least to the previous demand zone.
Thanks for checking out on my analysis.
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Thanks for checking out on my analysis.
Please, do well to like, comment and follow for more analysis and educational contents.
Goodluck.
Trade active
GJ Obeying analysis. 100pips running. Keep holdingTrade active
First Target reached. 220 pips running. Set Stop Loss above last correctionTrade closed: target reached
Third Target was actually hit as shared, with a sharp reversal to the upside.Feel free to check out next setup on GBPJPY:
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Related publications
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.