Hello,Traders! GBP-JPY went down and is retesting An ultra strong horizontal support level Which means that the probability of the Bullish rebound is very high So after the retest happens One might want to go long on the pair Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
We can see the price found a support in the blue zone, once it retest and stand above 1.37912 you may find an entry in 1H / 15M , Please take TP & SL as reference set a risk reward ratio which fits your trading plan. thank you!
Evening Traders, Today’s technical analysis will focus on ONT/BTC, breaking a key level with conviction; an S/R flip retest is likely for a trade entry. Points to consider, - Resistance breached - S/R flip for confirmation - 200 EMA immediate resistance - 21 MA confluence (upon S/R Flip Retest) - RSI in overbought - Stochastics in upper regions...