📉 GBP/JPY - 30M Analysis & Key Levels
🔵 Current Price: 194.630
🔴 Supply Zone (Resistance): 194.610 - 194.685
🟢 Demand Zone (Support): 193.696 - 193.705
🔍 Possible Scenarios:
1️⃣ Bearish Case: If price respects the 194.610 - 194.685 supply zone and rejects, we could see a drop towards 193.705 support.
2️⃣ Bullish Case: If price breaks and closes above 194.685, it may invalidate the bearish setup and push towards higher levels.
💡 Trading Plan:
✅ Look for potential short entries near 194.610 - 194.685 if rejection occurs.
✅ Target 193.705 as a downside objective.
✅ If price breaks above 194.685, avoid shorts and reassess for potential bullish setups.
Would you like additional insights on stop-loss or confirmation entries? 📊🔥
🔵 Current Price: 194.630
🔴 Supply Zone (Resistance): 194.610 - 194.685
🟢 Demand Zone (Support): 193.696 - 193.705
🔍 Possible Scenarios:
1️⃣ Bearish Case: If price respects the 194.610 - 194.685 supply zone and rejects, we could see a drop towards 193.705 support.
2️⃣ Bullish Case: If price breaks and closes above 194.685, it may invalidate the bearish setup and push towards higher levels.
💡 Trading Plan:
✅ Look for potential short entries near 194.610 - 194.685 if rejection occurs.
✅ Target 193.705 as a downside objective.
✅ If price breaks above 194.685, avoid shorts and reassess for potential bullish setups.
Would you like additional insights on stop-loss or confirmation entries? 📊🔥
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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.
fxforever
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.