Title
GBPJPY H4 | Breaking pivot point?
Type
Bearish breakout
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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منبع: https://www.tickmill.com/blog/gbpjpy-h4-breaking-pivot-point-4th-december-2023
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.
Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.
Past performance is not indicative of future results.
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