GBP / JPY pair
Older timeframes
In the case of completing the upward correction, with a decrease in the role of support and the target, the daily target for the breakdown of the cloud still remains (145.25 - 143.99). The current daily goal has gained from the week-old Senkou Span A (144.37) and the monthly Fibo Kijun (143.96). The development of an upward correction is countered by short-term trends. To date, the levels have divided and weakened the resistance, thanks to this, the players on the raise managed to close the previous day above the daily Tenkan. It turned into an initial support (147.23), but the monthly Tenkan (147.95) continues to restrain the development of correction. Overcoming resistance (147.95) that opens the way for a retest. Several levels were passed earlier at once (149.40 - 149.88 - 150.24 - 150.76).
H4 - H1 charts
In this situation, overcoming the resistance of the monthly Tenkan (147,95) coincides with the breakdown of the H4 cloud. As a result, a reliable anchorage above the resistance will add target levels to the H4 cloud probing to the high-level targets. For today, support levels can be noted at 147.23 (daytime Tenkan) - 147 (Fibo Kijun N4 + Senkou Span B N1) - 146.50 (historical support of the lower half).
Indicator parameters:
all time intervals 9 - 26 - 52
Color of indicator lines:
Tenkan (short-term trend) - red,
Kijun (medium-term trend) - green,
Fibo Kijun is a green dotted line,
Chikou is gray,
clouds: Senkou Span B (SSB, long-term trend) - blue,
Senkou Span A (SSA) - pink.
Color of additional lines:
support and resistance MN - blue, W1 - green, D1 - red, H4 - pink, H1 - gray,
horizontal levels (not Ichimoku) - brown,
trend lines - purple.
