GBPJPY analysis in 4H timeframe
Updated
The price is expected to continue to correct and according to Fibonacci levels from 142.23 to 141.15 can move up again and touch the target of 145.00. !
The stop loss limit of this position can be 140.40 !
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Note: It is suggested to divide your purchase volume and enter the deal as a step by step from the price of 142.23 to 141.15 !!
The stop loss limit of this position can be 140.40 !
.
Note: It is suggested to divide your purchase volume and enter the deal as a step by step from the price of 142.23 to 141.15 !!
Note
That was interesting Right after I wrote the analysis, the price went up to 144.
Scenario 2: If the price reaches 144.60, can enter the sell position
With a stop loss limit of 145.50 and a take profit target of 142.30
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