Technical My Tips

GBPJPY, 15-minute timeframe chart GBPJPY pulled back from the resistance level of 194.610 👉General outlook GBPJPY has been trading in a sideways market for the last couple of hours. The pair rose to the resistance level of 194.610. 👉Possible scenario The best way to use this opportunity is to place a Sell order at 193.980. Set your stop loss at 194.770 above the previous high ($5.10 loss for 0.01 lot) and take profit at 193.190 ($5.10 profit for 0.01 lot). The risk-reward ratio for this order is 1:1.05. The upcoming news will not influence your orders within the mentioned period.

NEW: 🇺🇸 New York Times publishes "A Federal Bitcoin Stockpile? Trump Likes the Idea."

Bitcoin held on exchange accounts has dropped to 2.3M, the lowest amount in years. As holders withdraw coins, supply is tightening and price is rising. This trend indicates more Bitcoin moving to long-term storage. By Documenting Bitcoin.

FACT: 🟠 BREAKING: Only 1,056,700 Bitcoin left to be mined, forever.

BREAKING: 🇫🇷 The French Senate has approved the 2025 budget, which includes an “unproductive wealth” tax targeting assets like Bitcoin. The tax would apply annually to unrealized gains on cryptocurrencies. The proposal now awaits a vote in the National Assembly. Reports Bitcoin News.

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The Fractal Indicator is a key tool in technical analysis for identifying potential market reversals. By highlighting recurring patterns across various time frames, it helps traders spot critical price levels where the market might change direction. With this insight, traders can better plan their entry and exit points, leading to more informed trading decisions. Start Trading: https://bit.ly/attexpertoption