Technical analysis GBPJPY for 01.10.2024
01.10.2024 21:18
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are 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
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Key levels
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- 184.352, 190.029, 193.202, 195.881, 199.489
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 190.029, with Take Profit of 199.489 and Stop Loss of 184.352
Alternative scenario
- Recommended opening short positions (Sell Limit) from the level of 195.881, with Take Profit of 190.029 and Stop Loss of 199.489
Scenario
Recommendation
BUY LIMIT
Entry Point
190.029
Take Profit
199.489
Stop Loss
184.352
Key Levels
184.352, 190.029, 193.202, 195.881, 199.489
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
195.881
Take Profit
190.029
Stop Loss
199.489