GBPJPY TRADE DON'T MISS THIS OPPORTUNITY
📈 GBP/JPY Buy Setup - 4H Analysis 🚀
I'm currently looking at a potential bullish move on GBP/JPY based on recent price action. The pair has been in a downtrend but has found support around 188.00-188.50, showing signs of reversal.
🔹 Entry: Around 189.10-189.30
🔹 Stop Loss: 187.76 (Below recent lows)
🔹 Target: 191.83 (Previous resistance level)
🔍 Analysis Breakdown:
✅ Price has rejected a key support zone, indicating potential upside.
✅ Bullish momentum is forming with higher lows on lower timeframes.
✅ Risk-to-reward ratio is favorable, aiming for a 2:1+ setup.
I'll be monitoring this trade closely. Let me know your thoughts! 📊📢
#GBPJPY #ForexTrading #PriceAction #TradingView #ForexSignals #FXAnalysis 🚀💹
I'm currently looking at a potential bullish move on GBP/JPY based on recent price action. The pair has been in a downtrend but has found support around 188.00-188.50, showing signs of reversal.
🔹 Entry: Around 189.10-189.30
🔹 Stop Loss: 187.76 (Below recent lows)
🔹 Target: 191.83 (Previous resistance level)
🔍 Analysis Breakdown:
✅ Price has rejected a key support zone, indicating potential upside.
✅ Bullish momentum is forming with higher lows on lower timeframes.
✅ Risk-to-reward ratio is favorable, aiming for a 2:1+ setup.
I'll be monitoring this trade closely. Let me know your thoughts! 📊📢
#GBPJPY #ForexTrading #PriceAction #TradingView #ForexSignals #FXAnalysis 🚀💹
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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.
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.