The GBP/JPY is also rallying in a channel, or perhaps a rising wedge seen in the 1H chart. the RSI has just tagged 70, and the price action just crossed the 200SMA.
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The GBP/JPY is also rallying in a channel, or perhaps a rising wedge seen in the 1H chart. the RSI has just tagged 70, and the price action just crossed the 200SMA.
resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the marke
The British pound broke a bit higher during the trading session on Thursday, clearing the minor resistance barrier at the ¥143.50 level. Because of this, it looks as if we are ready to make a serious run at the next high, which is closer to the ¥144.25 level. Ultimately, if we can break that level the market will have made a “higher high” at least on a micro timeframe.
i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
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pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side
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Time Frame - 4 Hour
Currency pair - GBP/JPY
Buy @ - 143.90
Stop Loss - 142.24
Take Profit - 145.34
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the marke
Pivot, Resistance Levels and Support Levels for
GBP / JPY For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 145.330
Resistance Level (R2): 144.749
Resistance Level (R1): 144.446
Pivot Point: 143.865
Support Level (S1): 143.562
Support Level (S2): 142.981
Support Level (S3): 142.678
The GBP/JPY cross tumbled around 90 pips and slipped back below the 144.00 round-figure mark in reaction to awful UK monthly retail sales figures.
The British pound weakened across the board after the headline UK sales missed consensus estimates by a wide margin and fell 0.6% in December. Adding to this, the previous month's already weaker reading was further revised lower to show a decline of 0.8% as against a drop of 0.6% reported previously.
Maine soch raha ki ye hammer price ko upar jane ke liye signal dita, lekin idar H1 chart me hammer form hua ta ise liye 50-60 pips upar ja sakta hai, ise hamer dina ka ya 4 ganta ka chart me mila to jada pips kama sakta hai.
Maine soch raha ki ye hammer price ko upar jane ke liye signal dita, lekin idar H1 chart me hammer form hua ta ise liye 50-60 pips upar ja sakta hai, ise hamer dina ka ya 4 ganta ka chart me mila to jada pips kama sakta hai.