On GBP/JPY, we have a bearish market after breaking the previous lows on the daily chart. The price now seems to have enough strength to go down, but on the 1-hour chart, we have 4 reversal points between 182 and 180.90, waiting confirmation on the 15-minute chart (M15). Additionally, we have only one selling point in case the market retraces to the 182.70 area, where we have a strong resistance zone due to selling volumes. Let me know what you think. Happy trading to all!
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.
📈 Nicola | EdgeTradingJourney
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
Documenting my path to $1M in prop capital through real trading, discipline, and analysis.
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.