Get started
NikaJourney

Possible Retest For A Swing Sell Happening This Week

British Pound / Japanese Yen (OANDA:GBPJPY)  
NikaJourney Updated   
OANDA:GBPJPY   British Pound / Japanese Yen
Candlestick Analysis Multiple Time Frame Analysis Support and Resistance GBP jpy GBPJPY daytrading swingtrading weeklymarketsanalysis keylevels
0
0
candlestick mtfa supportandresistance gbp jpy gbpjpy daytrading swingtrading weeklymarketsanalysis keylevels
Last week, GJ showed fatigue at a weekly level and took a nosedive for the week. It actually created a bearish engulfing on the weekly chart, so I', looking for a retest of last week's move before a continuation down. I have my BULL TPs a little too high this week because I don't really know how long the pullback will last before we continue dropping. Always good to play both sides of the field until you get what you want.

BEAR TPS:
  • 149.837
  • 149.334
  • 148.296
  • 147.442

BULL TPS:
  • 150.834
  • 151.260
  • 151.633
  • 152.091

Trade closed: target reached:
Last Bull TP hit April 29th, 2021
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.