GBPJPY price 8H channel retesting?
GBPJPY After a month-long battle out/ above the 📈4H/ 8H channel, the price came back to retest it last week at around 149.000 level. It accumulated around there for a bit and now it looks BULLISH, probably re-accumulating again, before taking off.
Historically I'm aware that GBPJPY likes to respect 0.618-0.786 FIB retracement areas a lot. 👍And I'm couting on the same happening here this time as well.
I'll keeping my eyes on the SPRING/ weekend break inefficiency Area for price action, and a potential ⬆️LONG entry.
🚨Setting my alerts at around 149.900, and we'll take it from there.
Have a great rest of the week.
Historically I'm aware that GBPJPY likes to respect 0.618-0.786 FIB retracement areas a lot. 👍And I'm couting on the same happening here this time as well.
I'll keeping my eyes on the SPRING/ weekend break inefficiency Area for price action, and a potential ⬆️LONG entry.
🚨Setting my alerts at around 149.900, and we'll take it from there.
Have a great rest of the week.
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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.