Gold-Tech

💱GBPJPY - Support retest on the background of bullish trend

Long
FX:GBPJPY   Livre sterling / Yen japonais
GBPJPY is forming an ascending price channel, but at the same time we see a reversal pattern forming and a retest of trend support.

TA on the high timeframe:
1) Price breaks the resistance at 184.76 and forms a local high of 186.764
2) The liquidity area forms a density from which the price bounces and tests the key resistance

TA on the low timeframe:
1) An ascending price channel is formed
2) The price bounces from the trend support and forms a retracement of 184.800.
3) If the level is broken, bullish momentum is possible
4) If the price does not break the resistance, returns to the support retest, then we should wait for the support breakout for further sales

Key resistance📈: 184.800
Key support📉: 184.47

All about GOLD🥇
Trading Tips💡
Secrets of🔑
Analysis📊
Forecasts🔔

FREE TELEGRAM:

🌹 Telegram channel: t.me/Go1dTech

😍 My contact: t.me/GoldTech
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.