Британский фунт / Японская иенаКороткая
GBPJPY ANALYSIS IS READY TO DOWN MUST READ THE CAPTION BELOW
Обновлено
The chart provided shows the GBP/JPY (British Pound/Japanese Yen) trading pair on a 4-hour timeframe. Here’s the description and analysis based on the visual elements of the chart:
1. Resistance Level:
The red horizontal line around 199.522 indicates a strong resistance level. Price has attempted to break this level multiple times but failed, signaling a potential reversal area.
2. Support Levels:
The yellow horizontal lines at 193.975 and 191.522 are key support levels where the price may potentially bounce back after a downtrend.
3. Target Zone:
The blue-shaded area labeled Target Zone near 191.522 shows a predicted potential price target for the next bearish movement.
4. Cup and Handle Pattern:
A cup-shaped formation is visible on the chart, suggesting a bullish pattern, but the subsequent handle appears to indicate potential bearish consolidation or a rejection at the resistance.
5. Bearish Reversal Expectations:
The white arrows indicate anticipated bearish moves from the resistance zone (199.522) toward the support levels and eventually into the target zone.
6. Trend Lines:
Blue diagonal trendlines show the earlier bullish trend, but the formation of red arrows hints at a possible trend reversal into bearish territory.
Summary:
The GBP/JPY pair is currently testing the resistance at 199.522. If it fails to break this level, a downward movement is likely toward the support levels 193.975 and 191.522, with a bearish target around the 191.522 zone. Traders should watch for rejection at resistance and confirm bearish momentum before entering a sell position.
1. Resistance Level:
The red horizontal line around 199.522 indicates a strong resistance level. Price has attempted to break this level multiple times but failed, signaling a potential reversal area.
2. Support Levels:
The yellow horizontal lines at 193.975 and 191.522 are key support levels where the price may potentially bounce back after a downtrend.
3. Target Zone:
The blue-shaded area labeled Target Zone near 191.522 shows a predicted potential price target for the next bearish movement.
4. Cup and Handle Pattern:
A cup-shaped formation is visible on the chart, suggesting a bullish pattern, but the subsequent handle appears to indicate potential bearish consolidation or a rejection at the resistance.
5. Bearish Reversal Expectations:
The white arrows indicate anticipated bearish moves from the resistance zone (199.522) toward the support levels and eventually into the target zone.
6. Trend Lines:
Blue diagonal trendlines show the earlier bullish trend, but the formation of red arrows hints at a possible trend reversal into bearish territory.
Summary:
The GBP/JPY pair is currently testing the resistance at 199.522. If it fails to break this level, a downward movement is likely toward the support levels 193.975 and 191.522, with a bearish target around the 191.522 zone. Traders should watch for rejection at resistance and confirm bearish momentum before entering a sell position.
Сделка активна
Заметка
Still bearishЗаметка
Target one reached 
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