when you see the candle in frame 1 hour she closed above 124.34 and now she testing the price of line of moving avrage 15 at the price 124.93 if she close above him it's go up .
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when you see the candle in frame 1 hour she closed above 124.34 and now she testing the price of line of moving avrage 15 at the price 124.93 if she close above him it's go up .
If a M15 close above 127 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 125 sell only and do not buy. If price closes back above it again do nothing
The range 127 and 125 is neutral area, any trade done in between is personal decision and not part of this analysis
as what i can see in the hourly shart i think the pair want to down the parabolic sar is down so wait for the macd end rsi to give the same signal
If a M15 close above 126 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 118 sell only and do not buy. If price closes back above it again do nothing
The range 126 and 118 is neutral area, any trade done in between is personal decision and not part of this analysis
This market is well on its way to establishing a major base following the intense rally beyond the 122.50 area
Intraday trade is seeing prices slipping below initial support at 125.35 but the sharp upmove seen last session is keeping a bullish tone to this cross with next support seen at 125.07 then 124.38. Buying dips favoured with move above 127.20/32 hurdles needed to set bulls on strong footing.
GBPJPY is still strong just because USDJPY is holding position and make flat on market. If USDJPY go down that will be trigger for sell on gbpjpy below 124.00 and next support will be near 123.00
If a M15 close above 127 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 124 sell only and do not buy. If price closes back above it again do nothing
The range 127 and 124 is neutral area, any trade done in between is personal decision and not part of this analysis
GBP/JPY still sideways since US session closed. The pair might continue up to 125.47 if it can't break pivot @124.73.
If a M15 close above 127 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 125 sell only and do not buy. If price closes back above it again do nothing
The range 127 and 125 is neutral area, any trade done in between is personal decision and not part of this analysis