GBPJPY analysis for Week 6
Weekly: On weekly timeframe, yesterday we saw a bounce from 18EMA
Daily: Price formed a hammer candlestick and bounce from the parallel channel.
There are 2 scenarios here:
Daily: Price formed a hammer candlestick and bounce from the parallel channel.
There are 2 scenarios here:
- If price breaks below the parallel channel and close below the 50MA on the daily timeframe. I then will expect 147.500 to be met
- If price bounces from the parallel channel again with MA crossover on the 2H timeframe. That's will be my favorite trade and 155.00 could be met again
Publicações relacionadas
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.