Thread: Gbp/Jpy
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
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Gbp/Jpy
I am guided by indicators Stochasis (7,5,3) which break high and fibbo indicator trend down and assuming that there are several possible markets trend is overbought then I will use the trapping strategy with market position BUY I predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Pivot points: 129.41
Resistance 1= 129.51
Resistance 2= 129.62
Resistance 3= 129.72
Support 1= 129.30
Support 2= 129.20
Support 3= 129.09
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Akhterp (2020-06-30), Nadeem Ahmed (2020-05-18), Unregistered (1)
I am guided by indicators Stochasis (7,5,3) which break high and fibbo indicator trend down and assuming that there are several possible markets trend is overbought then I will use the trapping strategy with market position BUY I predict this pair have bullish direction
I suggest to take LONG position today
time frame that is considered while making support and resistance levels – use Daily and Weekly time frame, consider the daily economic news before taking the trade.
money management is very effective for getting profits with stop loss and take profits method with current trading position.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-05-18), Pak3000 (2020-05-18), Unregistered (1)
Pivot points: 129.41
Resistance 1= 129.51
Resistance 2= 129.56
Resistance 3= 129.67
Support 1= 129.36
Support 2= 129.26
Support 3= 129.20
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-05-18), Unregistered (1)
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-05-18)
Hello, we will be looking for some shorts from a higher price, we will look for a break at the channel top where price collects some more buyers at the trap zone. Our confirmation for a short position is a strong bearish candle back into the channel. 1 to 4 Risk reward if an entry is triggered around 116.000 area.correction is complete we should see a steep decline in a 3rd of a 3rd wave. I will post an update once we see that pull back get closer to 119.032. Please LIKE and FOLLOW to get notification of updates and future posts.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-05-18)
Hello this is Zain..
I am here to give you my personal analysis about this thread / currency.. So be smart and safe.. Trade on your own risk😊😊
Resistance line > 15.99
Support line > 124.23
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Nadeem Ahmed (2020-05-18)
Market analysis about trading
Today market trend = sell
Oscillator sales volume
Current price
And
Support points and resistance
market ke nechay janey k haq main hain
Sell ki trade profit de gi
Indicators ko follow karte hoye aur
apni samjh soch ke sath trading
Kren
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Today position :buy
Ye kaafi weak chal raha hai aur esliye esme usd strong hone ki wajah se ye pair up ho raha hai,esme ka level agar break hota hai to esme fir buy nahi karna chahiye,.aur sabse strong support esme long term trading ke liye hai tabb takk esme trader buy the dip karke market me sahi entry lekar apne trade ko open aur close kar sakta hai.
Aj k liye buy Karna zaida better rahay ga
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Malik1122 (2020-05-18), Nadeem Ahmed (2020-05-18)
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