#GBPJPY - Possuble Correction Downwards
#trading_idea 💡
The price broke through the uptrend line, which has been the support of the pair for a long time. MA (20) is higher than the price, while the MACD indicates a possible downward correction.
🔼 If this is a false brake down of the trend line the price may come back towards resistance 187.523.
🔽Otherwise, a slide to the support at 186.152 is likely. In case the pair will break down this level we ma see the level 184.980.
😎 Hit "👍" if you foresee the price will rise and "👎" if you foresee it dropping.
The price broke through the uptrend line, which has been the support of the pair for a long time. MA (20) is higher than the price, while the MACD indicates a possible downward correction.
🔼 If this is a false brake down of the trend line the price may come back towards resistance 187.523.
🔽Otherwise, a slide to the support at 186.152 is likely. In case the pair will break down this level we ma see the level 184.980.
😎 Hit "👍" if you foresee the price will rise and "👎" if you foresee it dropping.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.