GBPJPY H4 | Breaking pivot point?

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Title
GBPJPY H4 | Breaking pivot point?

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منبع: https://www.tickmill.com/blog/gbpjpy-h4-breaking-pivot-point-4th-december-2023

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Type
Bearish breakout

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Alternative scenario:
The price could bounce off the pivot point at 185.925 and rise to 1st resistance level at 186.832, an overlap resistance.

Preference:
The price is currently on our pivot point at 187.925, an overlap support, and it could break through and fall to 1st support level at 184.607, a multi-swing-low support.

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