Technical analysis GBPJPY for 03.10.2022

03.10.2022 09:28
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 0.87770. The closest support is the level 0.86420

Key levels

  • 0.89670, 0.88210, 0.87770, 0.86420, 0.85700, 0.85090

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 0.87770, with Take Profit of 0.88210 and Stop Loss of 0.87000

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 0.86420, with Take Profit of 0.85700 and Stop Loss of 0.87000
Guión
Recomendación
BUY STOP

Punto de entrada
0.87770

Take Profit
0.88210

Stop Loss
0.87000

Niveles clave
0.89670, 0.88210, 0.87770, 0.86420, 0.85700, 0.85090
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
0.86420

Take Profit
0.85700

Stop Loss
0.87000