Gbp/Jpy

At the H4 chart, price is above the 12 EMA (white) and 72 EMA (blue) indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 136.04
Stop loss: 134.15

Time frame- H4
price is making hanging man candlestick pattern this patter is going to followed by a bearish candle so there is down side movement is possible. but stoch indicator is showing that price is in overbought rage.
it shot at 143.54 with stoch cross out and stop loss is higher resistance at 135.10. take profit is 134.10

this currecy pair i really love trading soo much reason being the trends are supperb and are not so much use in the market be it the things tht happen in the market.

Today I decided to write about my trading startegy. Culdnt figure out where to start. It's not easy to summerize something which took me over 3 years to learn. I decided to explain my startegy on real market scenarios on this thread. Therefor I will give a GBP/JPY market analysis start of every session (Tokyo,London,NY). I may cut down on giving signals since I feel that most of the newbies follow the trade calls blindly and they will skip that most imporatnt learning curve of this pair. Hope everyone will enjoy this thread and learn .
Happy Trading.

GBPJPY has broken the strong resistance at 133.49. Resistance at 135.14 challenged. New highs is bullish. However, in general overbought conditions will favor short-term weakening phase in the next few days.

Support: 133.83
Pivot: 134.92
Resistance: 136.01

trendspotter buy
7 day average directional indicator buy
10-8 day MA hilo channel buy
20 day MA VS Price buy
20-50 Day MACD oscillator buy
20 Day Bollinger Bands buy

Technical Analysis For GBPJPY 100% Buy

Gbp-jpy

as expected this pair making a strong bearish movement right after the news release yesterday......and the support line has been broke by yesterday move but becareful i think this pair is nearing the low and the major revesal will happen soon.....watchout at 129 - 128 area to enter long next week>>>>

gbp/jpy market analysis of last day by using moving averages

ema10: 134.8988
ema20: 134.8570
ema50: 134.8815
timeframe: 1 day

Gbp-jpy

as expected this pair making a strong bearish movement right after the news release yesterday......and the support line has been broke by yesterday move but becareful i think this pair is nearing the low and the major revesal will happen soon.....watchout at 129 - 128 area to enter long next week

As expected that couple creating a powerful bearish motion following the news launch recently...... plus the support brand continues to be out of cash by means of recently transfer although becareful i'm sure that couple is getting close to the low plus the key revesal could happen soon..... watchout from 129 - 128 area to help enter extended a few weeks