📉 GBPJPY Analysis – 4H Timeframe
by Livia 😜
We’ve seen GBPJPY break below the ascending channel, confirming downside momentum. Price has already completed a textbook retest of the supply zone around 196.000, showing strong rejection.
🟢 Sell Entry Activated: 195.800
This level aligns perfectly with the breakdown structure and prior support turned resistance.
🎯 Technical Targets:
1️⃣ First Target – 192.600 (key structural support)
2️⃣ Second Target – 190.600 (major swing low & potential demand area)
🔍 Outlook:
Bias remains bearish while price holds below 196.200. Expect increased volatility near 193.000 but momentum favors continued downside.
Risk wisely, trade smart.
Let’s ride this wave 🌊
#GBPJPY #ForexTrading #PriceAction #TechnicalAnalysis #LiviaTrades
by Livia 😜
We’ve seen GBPJPY break below the ascending channel, confirming downside momentum. Price has already completed a textbook retest of the supply zone around 196.000, showing strong rejection.
🟢 Sell Entry Activated: 195.800
This level aligns perfectly with the breakdown structure and prior support turned resistance.
🎯 Technical Targets:
1️⃣ First Target – 192.600 (key structural support)
2️⃣ Second Target – 190.600 (major swing low & potential demand area)
🔍 Outlook:
Bias remains bearish while price holds below 196.200. Expect increased volatility near 193.000 but momentum favors continued downside.
Risk wisely, trade smart.
Let’s ride this wave 🌊
#GBPJPY #ForexTrading #PriceAction #TechnicalAnalysis #LiviaTrades
t.me/+SFjFE9kQT9o0MTA0Iam proffesional iam providing fordx xauusd and crypto signals my is better for you beacuse 99% accuracy of my trades
t.me/+SFjFE9kQT9o0MTA0
t.me/+SFjFE9kQT9o0MTA0
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.
t.me/+SFjFE9kQT9o0MTA0Iam proffesional iam providing fordx xauusd and crypto signals my is better for you beacuse 99% accuracy of my trades
t.me/+SFjFE9kQT9o0MTA0
t.me/+SFjFE9kQT9o0MTA0
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.