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GBPJPY Technical Analysis 3rd December 2024 1h chart
Monday Daily candle closed Bearish at 189.170 as Weekly starting to retrace. I'll be looking for potential Buys above 189.520 targeting previous 4h Support at 190.180 Leaving Runners to the 1h Strong Resistance formed at 190.990. I'll be...
November Monthly candle closed Bearish at 190.550 breaking below recent Monthly Support formed in September 2024 and forming Monthly Resistance at 196.130. Previous Weekly candle closed strong Bearish and the Friday Daily candle closed Bearish forming Daily Resistance at 192.230. I'll be looking...
Thursday Daily candle closed small Bullish at 192.220 forming Daily Support at 191.410 as Weekly retrace from the previous Weekly Support formed around end of September 2024. I'll be looking for potential Buys above 192.470 targeting previous recent 4h Support formed at 192.880 Leaving Runners...
Wednesday Daily candle closed Bearish at 191.480 approaching Weekly Support formed around the end of September 2024. I'll be looking for potential Buys above 191.920 targeting 4h Resistance at 192.440 Leaving Runners to the previous 4h Support formed at 192.880. I'll be looking for potential...
Tuesday Daily candle closed Bearish at 192.410 closing below Daily Support formed on 3rd October 2024. I'll be looking for potential Buys above 192.660 targeting 30min Resistance at 193.190 Leaving Runners to the Hourly Resistance formed at 193.600. I'll be looking for potential Sells below...
Previous Weekly candle closed weak Bearish at 193.870 leaving a huge Rejection wick to the upside. Friday Daily candle also closed weak Bearish. I'll be looking for potential Buys above 194.120 targeting 4h Resistance formed at 194.750 Leaving Runners to the Hourly Resistance formed at 195.300...
Tuesday Daily candle closed small Bullish at 196.120 leaving a huge Rejection wick to the downside (+250 Pips). I'll be looking for potential Buys above 196.550 targeting Hourly Resistance at 197.320 Leaving Runners to the Daily Resistance formed at 197.900. I'll be looking for potential Sells...
Wednesday Daily candle closed Bullish at 197.550 closing within Daily Range as price continues to Consolidate. I'll be looking for potential Buys above 197.770 targeting 4h Strong Resistance formed at 198.280 Leaving Runners to the 1h Resistance formed on 8th November 2024 around 198.880. I'll...
Tuesday Daily candle closed small Bearish at 197.070 closing within Monday Daily Support. I'll be looking for potential Buys above 197.250 targeting 4h Resistance formed at 197.770 Leaving Runners to the next 4h Resistance formed at 198.070. I'll be looking for potential Sells below 196.660...