gbpjpy analysis - 27 mar 2023
okay so on GJ it's a bit of a tricky one but i'll try put it into words...
- firstly i identified the overall trend to be bearish on the daily and weekly as well
- down to the H4 market has been bullish since friday morning but then it turned bullish after creating a lower low, so right now it could be going up to form a new lower high but we will see
- so i'm currently waiting for market to get to my 161.599 zone and see what it does when it gets there but i will be anticipating a bearish move once it gets there
- or waiting for a breakout of the zone on the H1 to go short as well
but we sit and wait to see what happens
- firstly i identified the overall trend to be bearish on the daily and weekly as well
- down to the H4 market has been bullish since friday morning but then it turned bullish after creating a lower low, so right now it could be going up to form a new lower high but we will see
- so i'm currently waiting for market to get to my 161.599 zone and see what it does when it gets there but i will be anticipating a bearish move once it gets there
- or waiting for a breakout of the zone on the H1 to go short as well
but we sit and wait to see what happens
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.