GBPJPY
HELLO TRADERS
TARGET LEVEL :
HELLO TRADERS
- Tendency , the price is under bearish pressure until trade below turning level .
- TURNING LEVEL : the price of turning level around 203.463 , indicates the price trade below this level reach a support level , but if trading this level reach a resistance level .
- RESISTANCE LEVEL (1) : around 205.601 , for reach this level will be breaking turning level .
- RESISTANCE LEVEL (2) : around 207.938 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1)
- SUPPORT LEVEL (1) : support level at 201.362 , for reach this level will be trading or stabilizing below turning level .
- SUPPORT LEVEL (2) : support level at 199.532 , for reach this level will be breaking by open 4h candle below support level (1) .
- CORRECTIVE LEVEL : the price retest before dropping at 203.463 .
TARGET LEVEL :
- RESISTANCE LEVEL : 205.601 , 207.938 .
- SUPPORT LEVEL : 201.362 , 199.532 .
Trade closed: target reached
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The market is waiting—you can make money, and you should.
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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.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
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.