Technical analysis GBPJPY for 14.03.2024

14.03.2024 00:36
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 188.700. The closest resistance is the level 189.350

Key levels

  • 190.100, 189.350, 188.700, 187.900, 187.050

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 189.350, with Take Profit of 190.100 and Stop Loss of 188.700

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 188.700, with Take Profit of 187.900 and Stop Loss of 189.350

Guión
Recomendación
BUY STOP

Punto de entrada
189.350

Take Profit
190.100

Stop Loss
188.700

Niveles clave
190.100, 189.350, 188.700, 187.900, 187.050
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
188.700

Take Profit
187.900

Stop Loss
189.350