⚡GBPJPY Daily Analysis Based on Main Key Levels - April 4, 2025
- Neom
- 2 days ago
- 1 min read
Daily Current Market Price (DCMP): 190.549 🔍
Critical Price Framework 🔥
🔴 Resistance Zone (Above 190.549)
Immediate Resistance: 190.853 🚩
Critical Resistance: 193.788 ⚠️
🟢 Support Zone (Below 190.549)
Primary Support: 189.427 🛡️
Critical Floor: 188.800 🛑
Swing Levels 📉
Swing High: 193.060
Swing Low: 188.800
Technical Confluence 🔍
Fibonacci Alignment
190.853 aligns with 61.8% retracement of March rally
193.060 coincides with 127% extension level
Momentum Indicators
RSI at 51.3 (neutral bias)
MACD histogram shows bullish momentum weakening near zero line
Intraday Trade Setup ⚡
🔴 Sell Trade Idea
Entry: 190.853 🎯
Stop Loss: 193.152 🔴
Take Profit 1: 188.800 📉 (1:2.8 R/R)
Take Profit 2: 187.500 📉 (1:4.2 R/R)
Rationale: Price rejection likely at weekly resistance cluster (190.853-193.788) with bearish divergence on 4H chart.
Risk Management Protocol ⚠️
Position sizing ≤1.2% of capital
Trailing stop activation at 0.7R profit
Monitor BOJ policy meeting minutes
Analysis valid until Tokyo-London overlap session close. Chart patterns verified via TradingView.
Comments