Get started
alexpanko

Sweet Spot HIT!!!!

British Pound / Japanese Yen (FX:GBPJPY)  
alexpanko Updated   
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Support and Resistance Trend Lines
1
0
trendanalysis supportandresistance trendline
Previous post
Sweet Spot to 144.95?

CONFLUENCE & STRUCTURE!!!! :)

My Target was 144.95 area which all 11 TP's HIT

PERFECTION!!!

Now we are under the DAILY SUPPORT so in a VERY INTERESTING AREA
1HR TF we are bouncing on the Daily Channel Break out trend line along with the Daily Support Level

snapshot

Possible LONG at this area but need few confirmations before doing so...

keep in mind on higher TF look where we are at
DAILY
snapshot

Comment:
snapshot

Its moving the way I anticipated it but we as we bounced off the sweet spot and staying above the previous support which turned to resistance but now that we broke id like to see it follow the trendline.. BOS on 145.70 area next for another position
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.