Technical analysis GBPJPY for 22.04.2024
22.04.2024 01:07
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 190.825. The closest resistance is the level 191.500
Key levels
- 192.000, 191.500, 190.825, 190.400, 189.900
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 190.825, with Take Profit of 191.500 and Stop Loss of 190.400
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 190.400, with Take Profit of 189.900 and Stop Loss of 190.825
Scenario
Recommendation
BUY LIMIT
Entry Point
190.825
Take Profit
191.500
Stop Loss
190.400
Key Levels
192.000, 191.500, 190.825, 190.400, 189.900
Alternative scenario
Recommendation
SELL STOP
Entry Point
190.400
Take Profit
189.900
Stop Loss
190.825