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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
Today market trend: buy
Mere experience aur indicators ko dekhte hoye market up side ki tarf ja ri hai
Hamain buy main trade profit de gi
Hamesha apne experience se trading karen aur acha profit hasil karen
GBP /jpy
Today's analysis with my trading experience.
Is pair ka main trend down
he rahay ga.
Parabolic sar, MACD, Rsi,*
Pivot point, Resistance,
Bollinger Band, Moving average, H1, and
H4, ye saray indicator market
K down janay ka bata rahay
hen.
So ap is time sell men trade laga
Kr zyda earning hasal kr saktay
hen.
Time frame- H4
we can see a good resistance trend line and that is not able to breal price is rejected from this level 128.90
we can see price will move down side if it break its pivot point 128.23
daily pivot point-
r3- 131.57
r2- 130.27
r1- 129.53
pivot point- 128.23
s1- 127.48
s2- 126.18
s3- 125.43
At this stage it can be auto pivot point from simply moving average on Sell.
MCad showing the simple down trend which can be easily judge without any main reason.
Gbp.jpy
M5 also tells us for down trending due to main two green lines shown this.
Support on down side near about its going to be bearish looking for us.
So today is going trend now and position at here is no danger.
Thats my technical analysis of this pair has similar as today market trend.
es pair ko 131.28 pr majbut supprot he.. yahaa se ab ye upr jane ki kosis kar rhaa he..kridna ka soda faydemand rahega..
look out the pin bar on hourly chart
chalu dekte hai ki yeh bounce back hoke move kare above 130.50 area
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 this pair making a strong bearish movement right after the news release yesterday. ise hamer dina ka ya 4 ganta ka chart me mila to jada pips kama sakta hai.
we can see from the chart that the pair has closed its daily candle below 120.00, that means the downtrend is expected and the pair may head to 119.35 then 119.00, but the pair makes an hourly correction and the pair and as we can see from the chart has closed, it is the daily candle is below the 119.00 level, so that means the downtrend still stands and the pair heads to 118.00 then 117.60