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Today's market trend: Sell
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
Best of luck.... 👍✌
Gbp/Jpy
Resistance level
1.Resistance level 143.50
2.Resistance level 143.70
3.Resistance level 143.75
Supporting level
1.Supporting level 143.10
2.Supporting level 142.90
3.Supporting level 142.80
Gbp/Jpy
GBP/JPY 4H Chart: Two scenarios likely
Bearish momentum has been dominating the British Pound against the Japanese Yen since December 15. The currency pair has declined by 4.76% in value during this period.
All things being equal, the GBP/JPY exchange rate will likely edge up during the following trading sessions. The potential target for bullish traders would be at the 146.00 marks.
Successful traders have to move fast, but they don't have to think fast. Why? Because they've developed a trading strategy in advance, along with the discipline to stick to that strategy. It is important to follow your formula closely rather than try to chase profits. Don't let your emotions get the best of you and abandon your strategy. There's a mantra among day traders: "Plan your trade and trade your plan."
trading takes a lot of practice and know-how, and there are several factors that can make the process challenging. The risk/reward ratio helps investors manage their risk of losing money on trades. Even if a trader has some profitable trades, he will lose money over time if his win rate is below 50%. The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
Today Market trend:sell
Current price aur previous price market ke down hony ka ishara de rahe hain
Resistance and Support points bhi market ke down hony ka ishara de rahe hain
Isliye hum ko sell main trade laga deni chahiye
Gbpjpy
british pound / japanese yen
142.383
jpy
+1.158 (+0.82%)
market open (feb 04 11:09 utc-5)
141.225
prev
141.225
open
208.548k
volume
140.928 — 142.522
day's range
Gbp/jpy
suporting levels are here:
support 1) 142.10
support 2) 141.90
support 3) 141.65
Ichimoku trends giving selling signals
THE RSI movement of this pair is moving with high frequency on SELL signal.
StdDew & Mcad are main factors which also giving the SELLYing signals.
Bulls power higly selling side movements.
Parablic sar on top showa SELL trends.
this pair has being bearish trends last some hours which can be seen.
today moving movement of this pair today on: SELL
highest 3rd resistance of this pair today will be going :142.60
i think best time to enter sell trade at 142.55 with tp at 139.80 with narrow stop loss of 143.00 with long terms
Forex forum is the good forum in the world. It provide us facility to earn good profit by trading on it.
I have also use this forum for invest money and make trading to earn good profit.
I have used to indicators RSI and Zigzag for signal of trading then I have made trading and earn good profit.
Note:Always Follow the making experienced with others having great knowledge about trading.
GBP/JPY
142.52+1.0065(+0.7112%)
16:27:45(GMT)|Real-Time Data, Quoted in JPY
Open
141.52
Day's Range
140.92 - 142.36
Class
Currencies
Bid/Ask
142.52/142.52
Symbol
GBPJPY
Subclass / Sector
Minor