Technical analysis GBPJPY for 16.05.2024

16.05.2024 01:21
Intradía
Técnico

The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 195.900. The closest resistance is the level 197.000

Key levels

  • 198.100, 197.000, 195.900, 195.400, 194.600

Trading scenario

  • Recommended opening long positions (Buy Limit) from the level of 195.900, with Take Profit of 197.000 and Stop Loss of 195.400

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 195.400, with Take Profit of 194.600 and Stop Loss of 195.900

Guión
Recomendación
BUY LIMIT

Punto de entrada
195.900

Take Profit
197.000

Detener la pérdida de
195.400

Niveles clave
198.100, 197.000, 195.900, 195.400, 194.600
Escenario alternativo
Recomendación
SELL STOP

Punto de entrada
195.400

Take Profit
194.600

Detener la pérdida de
195.900