Subscribethe pair has closed under 182.12, that's mean the down trend is expected and the pair might head to 181.50 then 181.00 , however the pair made a hourly correction
Thread: Gbp/Jpy
the pair has closed under 182.12, that's mean the down trend is expected and the pair might head to 181.50 then 181.00 , however the pair made a hourly correction
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daily overview for Gbp-Jpy
r3: 183.97
r2: 183.37
r1: 182.64
s1: 181.31
s2: 180.71
s3: 179.98
the pair broke the up trend to down
so our trade for the pair is sell
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pair- gbp/jpy
time frame analysis- m15
the price is moving above the daily resistance level one at 182.14 level but may rejecting down side. the stoch indicator is moving out from the overbought level 80. short at the 182.10 level with profit target at 181.35
good luck
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daily overview for Gbp-Jpy
r3: 183.02
r2: 182.65
r1: 182.13
s1: 181.24
s2: 180.87
s3: 180.35
the pair broke the channel to down
so our trade for the pair is sell
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the pair has closed under 181.59, that's mean the down trend is expected and the pair might head to 180.59 then 180.00 , however the pair made a hourly correction
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The price of the pair failed to submit any closing price positive above the level of 184.10 to rebound strongly about the level of 181.65 influenced by some of the negative pressure, in general, and steadily ascending channel's support level around 180.00 for the day we will stay on the likelihood of upside bias control until the success of the price to go beyond previous resistance and then access to the level of 186.05 to form that the next target for the coming period.
Stochastic falling below the level of 50 is one of the negative factors that led to the negative price rebound to stay pending the submission of a new bullish determination to support the attempt to liberate the price of previous resistance.
Expected trading range between 181.20 and 184.00.
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We believe that the pair aims of this decline to re-test the falling trend line breached, as well as the targeting of support
Protein content about 181.00 prices, which are also associated with Vebo 61 which gives them the strength to be a driving area to rise
And if the purchase has been targeted as the pair expect any strong rebound and rise to the top of that region and that Atltaki
The 3 levels (Trend, support and Vebo) approx.
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Trading Signal - 04/05/2015 - 10:00 (GMT +3)
Instrument: GBPJPY
Time : 60min CHART
Trend & Condition : Downwards Weak
Waiting for a retracement higher towards the 182.63 resistance level in order to reinstate SHORT positions.
The market is testing support at 181.70. We are waiting to see reversal signals in order to reinstate LONG positions. Next
important support the 178.60 level.
Support & Resistances :
181.16 182.63
179.12 183.21
175.81 183.69
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daily overview for Gbp-Jpy
r3: 186.40
r2: 185.43
r1: 183.71
s1: 181.02
s2: 180.05
s3: 178.33
the pair can not break the support to down
so our trade for the pair is buy
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pair- gbp/jpy
time frame analysis- m15
the up movement of the price is having resistance at 184.00 level and the price down movement is also hold at the supporting trend line at 182.65 level. its pull back can expected. hold the short entry with profit target at 182.30 stop loss at 184.20
good luck
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