By analyzing the hourly chart of GBPJPY, we can see that after yesterday's drop, it didn't go lower than the 212.13 to sweep the liquidity below and by hitting the Feb 2nd NWOG High, it bounced back up and it is being traded at 212.66.
If it holds up above the Feb 6th NDOG, I believe it can go up to 213.00.
Targets for GBPJPY: 212.75, 212.85 and 212.95.
If it fails: 212.50, 212.40, 212.30 and 212.20.
If it holds up above the Feb 6th NDOG, I believe it can go up to 213.00.
Targets for GBPJPY: 212.75, 212.85 and 212.95.
If it fails: 212.50, 212.40, 212.30 and 212.20.
Trade closed: target reached
All bearish targets reached. Free channel: t.me/AmirAliTrading_Official
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Contact me: t.me/Amirali_Trading
Join OurBit with my link and you'll be added to Crypto Premium channel for free: ourbit.com/register?inviteCode=JSB5ZW
Contact me: t.me/Amirali_Trading
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.
Free channel: t.me/AmirAliTrading_Official
Join OurBit with my link and you'll be added to Crypto Premium channel for free: ourbit.com/register?inviteCode=JSB5ZW
Contact me: t.me/Amirali_Trading
Join OurBit with my link and you'll be added to Crypto Premium channel for free: ourbit.com/register?inviteCode=JSB5ZW
Contact me: t.me/Amirali_Trading
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.
