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Trading Signal GBPJPY - 27 / 04 / 2022 - 16:00 (GMT +3)

Instrument: GBPJPY

Previous Close 159.90
Change -2.07 %
Current 160.91
52 Week High 165.42
52 Week Low 149.18
30 Days ATR 1.81
40 Weeks ATR 2.26

Trend & Condition

Downwards Strong

Support & Resistances

159.40 161.90
158.50 163.40
157.00 165.80

Comments

A Very High probability, entry signal to go SHORT will be given with the downward break of 160.70 after the market found resistance at 161.25. Only the upward break of 161.25 would cancel the bearish scenario.

Position Entry

SELL : 160.70
SL : 161.25

Very High
TP1 : 158.50
TP2 : 157.00