Get started
atharvaedake

GBPJPY

Short
British Pound / Japanese Yen (OANDA:GBPJPY)  
atharvaedake  
OANDA:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis
1
0
trendanalysis supportandresistance mtfa
After a good up-move from 183.286 till 185.964. We can see a consolidation between 184.563 and 185.656, which has a support of 184.563. If we are able to breach the support and able to close the candle below the support level with a good confirmation candle, we can take a short trade with a good target of 183.992 and stop-loss above the buy candle.

The Volume might begin at pre London session.

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.