GBPJPY, a fave of traders who value volatility recently corrected significantly to 181 range from the highs of 183.
Recent 4H metrics suggests a close fight between bull and bears -- with bulls having a slight edge now from the current range. A new base may have been formed already at this price range with notable net buying activity registered this past couple of days.
The pair is currently bouncing off a 0.5 FIB level, a major order block support.
Expect some attempt to reverse to the upside in the next coming days.
Spotted at 181.30
TAYOR.
Safeguard funds always.
Recent 4H metrics suggests a close fight between bull and bears -- with bulls having a slight edge now from the current range. A new base may have been formed already at this price range with notable net buying activity registered this past couple of days.
The pair is currently bouncing off a 0.5 FIB level, a major order block support.
Expect some attempt to reverse to the upside in the next coming days.
Spotted at 181.30
TAYOR.
Safeguard funds always.
Trade active
184.7, this is has risen good.Trade active
We hit first target!.More upside continuation is expected here.
Ultimate target would be the recent far peak at 200 zone.
TAYOR.
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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.