Technical analysis GBPJPY for 29.09.2023
29.09.2023 01:01
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 182.500. The closest support is the level 181.090
Key levels
- 183.820, 183.200, 182.500, 181.090, 180.500, 179.800
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 182.500, with Take Profit of 183.200 and Stop Loss of 181.800
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 181.090, with Take Profit of 180.500 and Stop Loss of 181.800
Scenario
Recommendation
BUY STOP
Entry Point
182.500
Take Profit
183.200
Stop Loss
181.800
Key Levels
183.820, 183.200, 182.500, 181.090, 180.500, 179.800
Alternative scenario
Recommendation
SELL STOP
Entry Point
181.090
Take Profit
180.500
Stop Loss
181.800