🔍 Technical Overview
Pair: GBPJPY
Chart Type: Candlestick
Indicators Used:
EMA 50 (Red) ➖ Short-term trend
EMA 200 (Blue) ➖ Long-term trend
🧱 Key Levels
🟣 Resistance Zone: 195.300 – 196.000
🟪 Intermediate Resistance/Support Flip: 193.000 – 193.700
🟦 Support Zone: 191.500 – 192.300
📈 Bullish Structure Observed
Support Bounce 🔁
Price found strong support around the 192.300 level (confluence of support zone + EMA 200 bounce) 💪
Break Above Resistance Flip 🔓
Price recently broke above the mid-zone (~193.300), flipping it into a potential new support. This indicates bullish pressure is increasing. ⚡
EMA Crossover Confirmation ✅
Price is now trading above both the EMA 50 and EMA 200 – a bullish alignment.
🔮 Projection & Trade Bias
📍 Current Price: 193.744
📈 Bullish Target: Resistance zone at ~196.000
📉 Invalidation: Break and close below 192.200
💡 Expected Move:
A retest of the 193.300 zone could offer a high-probability buy entry, targeting a full move to the top resistance range. 📦
⚠️ Risk Management Note
Always apply:
🎯 Defined entry + stop-loss (SL) below 192.000
💰 Risk:Reward at least 1:2
🛡️ Adjust size according to volatility
🧠 Summary
The pair is showing bullish structure recovery with confluence at key EMAs and a resistance-turn-support breakout. A rally toward the 196.000 region is highly likely if current structure holds. 📊🔥
Pair: GBPJPY
Chart Type: Candlestick
Indicators Used:
EMA 50 (Red) ➖ Short-term trend
EMA 200 (Blue) ➖ Long-term trend
🧱 Key Levels
🟣 Resistance Zone: 195.300 – 196.000
🟪 Intermediate Resistance/Support Flip: 193.000 – 193.700
🟦 Support Zone: 191.500 – 192.300
📈 Bullish Structure Observed
Support Bounce 🔁
Price found strong support around the 192.300 level (confluence of support zone + EMA 200 bounce) 💪
Break Above Resistance Flip 🔓
Price recently broke above the mid-zone (~193.300), flipping it into a potential new support. This indicates bullish pressure is increasing. ⚡
EMA Crossover Confirmation ✅
Price is now trading above both the EMA 50 and EMA 200 – a bullish alignment.
🔮 Projection & Trade Bias
📍 Current Price: 193.744
📈 Bullish Target: Resistance zone at ~196.000
📉 Invalidation: Break and close below 192.200
💡 Expected Move:
A retest of the 193.300 zone could offer a high-probability buy entry, targeting a full move to the top resistance range. 📦
⚠️ Risk Management Note
Always apply:
🎯 Defined entry + stop-loss (SL) below 192.000
💰 Risk:Reward at least 1:2
🛡️ Adjust size according to volatility
🧠 Summary
The pair is showing bullish structure recovery with confluence at key EMAs and a resistance-turn-support breakout. A rally toward the 196.000 region is highly likely if current structure holds. 📊🔥
Trade active
📍 GBPJPY Update – Target in Sight 🎯🔥
GBPJPY has surged to 195.654, smashing over half of our projected target zone 🚀
Only a few pips left to hit the full target around 196.000+ 🏁
✅ Clean breakout
✅ Strong bullish momentum
✅ Structure playing out as expected
Stay sharp – trailing SL or partials here is smart risk management 🛡️
Next update coming as price approaches final zone 🎯📊
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JOIN MY TELEGRAM CHANNEL
t.me/StellarMarketAnalysis
JOIN MY RECOMMENTED BROKER REFFREL LINK
⤵️one.exnesstrack.net/a/uvd1etcgg1
PARTNER CODE⤵️
uvd1etcgg1
t.me/StellarMarketAnalysis
JOIN MY RECOMMENTED BROKER REFFREL LINK
⤵️one.exnesstrack.net/a/uvd1etcgg1
PARTNER CODE⤵️
uvd1etcgg1
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.