Technical analysis GBPJPY for 12.05.2022

12.05.2022 09:16
Intradía
Técnico

The Tenkan-sen line is located below 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 trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 158.510. The closest support is the level 157.570

Key levels

  • 159.840, 159.070, 158.510, 157.570, 157.120, 156.390

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 158.510, with Take Profit of 159.070 and Stop Loss of 158.000

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 157.570, with Take Profit of 157.120 and Stop Loss of 158.000
Guión
Recomendación
BUY STOP

Punto de entrada
158.510

Take Profit
159.070

Stop Loss
158.000

Niveles clave
159.840, 159.070, 158.510, 157.570, 157.120, 156.390
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
157.570

Take Profit
157.120

Stop Loss
158.000