Day = 2019.03.27
Pair = GBPJPY
Time Frame = Hourly
Results of analysis of the daily pivot point calculations
I see this pair still in strong bullish movement . If this pair can break the 146.09 resistance level, I predict this pair will go up to the next resistance level at 146.57 But if this pair go down and break 145.58 support level, I predict this pair will make some correction to the next support level at around 145.06
Buy signal is indicated from the Simple Moving Average and Bollinger Bands indicator . I suggest to entry Buy with stoploss at 145.72 and take profit at 146.59
my advice ..don’t use high risk and please stop trading if the target has been reached, we should avoid greedy.
This calculation is not a reference to create the opening position but merely an approximate calculation of the price movement. I am not responsible for any errors that occur because the only information from the previous calculation
Support 1 146.05
Support 2 145.92
Support 3 145.85
Resistance 1 146.21
Resistance 2 146.25
Resistance 3 146.38