GBPJPY CONTINUATION SELL
I am anticipating price to continue to the downside.
My analysis is based off of Elliott Wave Theory.
On the Daily, it appears as though price is retesting the 4HR support and looks to have turned into resistance.
I would enter here for a sell. Short term, I'll likely TP 128.50. Price would need to break through intermediate support for me to hold the trade to the downside.
Long term I see price traveling down to 122.XX area.
What are your thoughts on GJ?
My analysis is based off of Elliott Wave Theory.
On the Daily, it appears as though price is retesting the 4HR support and looks to have turned into resistance.
I would enter here for a sell. Short term, I'll likely TP 128.50. Price would need to break through intermediate support for me to hold the trade to the downside.
Long term I see price traveling down to 122.XX area.
What are your thoughts on GJ?
Not
This pair is moving nicely.If it breaks intermediate support, I believe we will see price reach target.
İşlem aktif
Not
Price broke through intermediate support. I anticipate it to continue on the downtrend.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.