Technical analysis GBPJPY for 03.10.2022

03.10.2022 09:21
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ready to roll over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest resistance is the level 164.240. The closest support is the level 161.890

Key levels

  • 166.870, 165.390, 164.240, 161.890, 161.090, 160.340

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 164.240, with Take Profit of 165.390 and Stop Loss of 162.900

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 161.890, with Take Profit of 160.340 and Stop Loss of 162.900
Guión
Recomendación
BUY STOP

Punto de entrada
164.240

Take Profit
165.390

Stop Loss
162.900

Niveles clave
166.870, 165.390, 164.240, 161.890, 161.090, 160.340
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
161.890

Take Profit
160.340

Stop Loss
162.900