GBP/JPY 1-hour timeframe — and based on my setup with Ichimoku and the trendline break:
Current price: around 202.96
The pair has broken below the ascending trendline and the Ichimoku cloud, suggesting a bearish move is expected.
I have two “Target Points” marked below current price.
From what’s visible:
First Target Point: around 202.05 – 202.10
Second Target Point: around 201.20 – 201.30
So my potential targets are:
🎯 Target 1: 202.05 – 202.10
🎯 Target 2: 201.20 – 201.30
This setup aligns with a short continuation pattern after a trendline and cloud break, with likely retest confirmation near the broken trendline (around 203.40).
Current price: around 202.96
The pair has broken below the ascending trendline and the Ichimoku cloud, suggesting a bearish move is expected.
I have two “Target Points” marked below current price.
From what’s visible:
First Target Point: around 202.05 – 202.10
Second Target Point: around 201.20 – 201.30
So my potential targets are:
🎯 Target 1: 202.05 – 202.10
🎯 Target 2: 201.20 – 201.30
This setup aligns with a short continuation pattern after a trendline and cloud break, with likely retest confirmation near the broken trendline (around 203.40).
Trade active
trade active Trade closed: target reached
target done
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
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Related publications
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📲 Join telegram channel free .
telegram.me/addlist/LGOKg8UNFNQwMGI0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
t.me/LucasRobert05
telegram.me/addlist/LGOKg8UNFNQwMGI0
Forex, Gold & Crypto Signals with detailed analysis & get consistent results.
t.me/LucasRobert05
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.