Get started
JJForexAcademy

MULTI-TIMEFRAME ANALYSIS - GBPJPY - BUY UPDATE

Long
British Pound / Japanese Yen (OANDA:GBPJPY)  
JJForexAcademy Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis GBPJPY GBP LONG Symmetrical Triangle Parallel Channel jjforexacademy signal
0
0
trendanalysis chartpattern fundamental gbpjpy gbp long symmetricaltriangle parallelchannel jjforexacademy signal
The pair seems to have broken the 4H descending channel and re-tested the structure with its previous close. We can expect the buy to continue towards the support turned resistance of the 4H symmetrical triangle.

Suggested Trades

Buy Entry: 136.000
TP 1: 137.000 (support turned resistance level of symmetrical triangle)
TP 2: 137.900 (high of symmetrical trtangle)
SL: 135.300 (support of descending channel)

If you liked this signal make sure to give us a thumbs up, leave us a comment and make sure to follow us for future signals 👍❤
Comment:
TP 1 hit before retracement. Check next analysis for update.

MULTI-TIMEFRAME ANALYSIS - GBPJPY - BUY UPDATE

Related Ideas

JJForexAcademy
MULTI-TIMEFRAME ANALYSIS - GBPJPY - BUY UPDATE
JJForexAcademy
MULTI-TIMEFRAME ANALYSIS - GBPJPY
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.