-
The price initially received support from SMA 50 in yellow and signaled the end of the correction
However, the price continues to move sideways and is also trading below SMA 50
The price break of the moving average in this sideways move is a weak break that needs more confirmation
Thus, the price will drop and break it to the downside, which will give an opportunity to sell towards the moving average line 200 in red
As for the price rebounding higher and returning to trading above the EMA50, it gives an opportunity to buy towards the top level. Elliott waves consist of five waves.
Elliott waves must be five full waves
. Three in the direction of the market and two correct
If the Elliott waves begin to rise or fall, you will find
The (first, third and fifth) are moving in the direction
F (second and fourth waves correct)
. The third wave cannot be the shortest driving wave
The third wave
It cannot be shorter than the first or shorter than the fifth, because it is the longest wave
. The second wave cannot approach the price levels of the beginning of the first wave
The first, whether ascending or descending, starts the second opposite to it in the direction
To make a correction, but it is a condition that it is not corrected until it reaches the levels of the beginning of the first wave
. The fourth wave cannot approach the price zone or price limits
To the end of the first wave
The fourth wave is a correction wave and it is reversing
-
predictions for the day.
trading is risky if no analysis is done
GBP/JPY - is the currency pair we will be focusing on
major low levels also known as supports 131.73
major high levels also known as resistance - 132.11
-
Today market trend is :sell
This pair is in a directionless consolidation, we can see that the price is gravitating heavily to the downside. It has repeatedly found support at the yet after every bounce it tends to return to this area, creating a pronounced bearish bias.so i recomand for sell today all support and resistence showing this trend
-
Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 132.03
This currency name - GBP/JPY
Resistance and Target - 132.22
Support and Stop Loss - 131.84
Always follow Long time frame market trend.
Signal is Sell.
-
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'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
-
Hello..
every one how are you.... I hope all of you shall be all right. ..Jasy k ap sab log janty hain k forex trading itna easy ni
ha jitna k hamain nazar aa raha hota ha . Is me emotional conditionns ko b face krna parta ha . Us time jab hamain
big loss ho raha hota ha ...iis currency pair pr . Serf vohi log trading kr sakty hain. Jinhain. Market ke kuch
know of . Ya phir 5 to 6 years ka experience. Hamary jasy new comers to bus yahan loss khany he aaty hain...
in pair ke movement bohat fast ha . Or jasy k apko pata ha . . Chances of losses b bohat hain. . So may ap sab se
request krta hon k ap sab log is pair pr Trade krny se pehly Khob isy samj lain itny MACD indicators and technical
analysis ko b samj lain. Vo is liy k apko loss k chances kam ho jain. At the end Good luck for your future.
-
Today my technical analysis on market trend with this pair Buy according to some best indicators
Parabolic SAR
Bollinger Band
RSI
So manage money and open buy order and .your knowledge about market trend give you chance to earn good profit .
Best of luck
-
Today market technical analysis trend is buy according to some best indicator Zigzag,RSI
Market is going up position so if you want to gain good profit must open order buy. Also money management keep you safe from loss. Before trade open must recognize market trend .Your knowledge about market give you chance to earn good profit .
Best of luck .
-
Today market trend is: ßearish ßuy
Market ki moving average aur indicators ko dekh kar market ke ßuy ke chance zyada hain
Resistance points and Support points bhi strong ßuy ke signal de rahe hain
Hamain apne ap par confidence rakh kar trading karni chahiye aur forex trading ke mutaliq knowledge and experience hasil karna chahiye
Agar ap forex trading main successful trader ban'na chahte hain to hardworking karen aur knowledge and experience hasil karen