#GPJPY Price is trading the Resistance Area and it is also react the 1HR & 4HR resistance so it is possible to a drop And the price also touching the 200EMA and pricing pattern candlestick formed in resistance area
Why we like it:
Price Trading in Resistance 1HR & 4HR area
Attend the 100% fib level
waiting for 200EMA retracement
1st support:
151.625
Next Zone area & horizontal swing Low support
2nd support:
151.322
Zone area & horizontal swing Low support
1st Resistance
153.514 - 153.740
Zone area & horizontal swing high resistance
Why we like it:
Price Trading in Resistance 1HR & 4HR area
Attend the 100% fib level
waiting for 200EMA retracement
1st support:
151.625
Next Zone area & horizontal swing Low support
2nd support:
151.322
Zone area & horizontal swing Low support
1st Resistance
153.514 - 153.740
Zone area & horizontal swing high resistance
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.