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GBPJPY bounced nicely off its support, potential to rise further

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GBPJPY bounced nicely off its support at 148.484 (61.8% Fibonacci extension, 78.6% Fibonacci retracement, 61.8% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its 1st resistance at 149.271 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance) or to its 2nd resistance at 149.685 (61.8% Fibonacci retracement, horizontal overlap resistance). We have also identified another support at 147.802 (100% Fibonacci extension x2, 78.6% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) made a corresponding bounce off its support at 6.9% where it has a lot of upside potential.
İşlem kapandı: hedefe ulaştı
GBPJPY rose nicely to our major resistance! Hope you guys got in on this trade!

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.