Technical analysis GBPJPY for 13.12.2023
13.12.2023 01:03
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 182.550. The closest resistance is the level 183.050
Key levels
- 184.250, 183.525, 183.050, 182.550, 182.100
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 183.050, with Take Profit of 182.550 and Stop Loss of 183.525
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 183.525, with Take Profit of 184.250 and Stop Loss of 183.050
Scenario
Recommendation
SELL LIMIT
Entry Point
183.050
Take Profit
182.550
Stop Loss
183.525
Key Levels
184.250, 183.525, 183.050, 182.550, 182.100
Alternative scenario
Recommendation
BUY STOP
Entry Point
183.525
Take Profit
184.250
Stop Loss
183.050