GBP/JPY Short Term 1H Analysis

٢٣ أغسطس ٢٠٢١

GBPJPY

Long term 1D, Main trend is down. Price consolidating, moving higher after touching support around 149.500. Look for price to rise to EMA 24, see if it rises.

Latest price moves shows us a bullish reversal impulse break up, crossing above both EMA 24 & 50 on 1H Short term. Buy signal if bull candle confirms.

1H Short term

Buy signal if bull candle confirms and price rises above support area.
Sell signal if bear candle confirms and price falls below support.

٢٦ أغسطس ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

Latest price moves shows price broke resistance upward. Take profit around 4H downtrend resistance level in green.