Technical analysis GBPJPY for 27.03.2024
27.03.2024 00:47
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 191.000. The closest resistance is the level 191.500
Key levels
- 192.200, 191.500, 191.000, 190.400, 189.750
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 191.500, with Take Profit of 192.200 and Stop Loss of 191.000
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 191.000, with Take Profit of 190.400 and Stop Loss of 191.500
Scenario
Recommendation
BUY STOP
Entry Point
191.500
Take Profit
192.200
Stop Loss
191.000
Key Levels
192.200, 191.500, 191.000, 190.400, 189.750
Alternative scenario
Recommendation
SELL STOP
Entry Point
191.000
Take Profit
190.400
Stop Loss
191.500