price now is 157.62
Price Facing The 157.20 Strong support
, If 4h Candle Close above It , We Can See 157.95 As First Target
. If Close Again above This support 157.95 , We Will See 158.40 As 2nd Target
price now is 157.62
Price Facing The 157.20 Strong support
, If 4h Candle Close above It , We Can See 157.95 As First Target
. If Close Again above This support 157.95 , We Will See 158.40 As 2nd Target
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the pair price already touched daily support 1 level (157.40) and above trend line.
Now the price try to move up ward.
I think the price may touch daily pivot point (158.00).
so buy now from 157.73
the pivot point will be my target
stop loss will be down the support 1 level (157.40)
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Trading Signal - 28/10/2013 - 10:00 GMT+3
Instrument: GBP/JPY
60min CHART Upwards Weak
Comments:
The market is in an uptrend and we are waiting for an entry signal to go LONG above the 158.20 resistance level. Only
the downward break of 157.50 would cancel the bullish scenario.
Support & Resistances
157.50 158.20
157.20 158.70
156.80 159.50
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Standart Pivot Point - Support - Resistance
Update: 28 Oct 2013 21:21
Time Frame : Daily
PAIR : GBPJPY
LOW : 157.12
HIGH : 157.94
CLOSE : 157.45
S3 : 156.25
S2 : 156.68
S1 : 157.07
Pivot : 157.5
R1 : 157.89
R2 : 158.32
R3 : 158.71
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Fibonacci pivot point result dayly 2013.10.28.
Pair = GBPJPY
Resistance 3 = 158.32
Resistance 2 = 158.01
Resistance 1 = 157.82
Pivot Point = 157.5 0
Support 1 = 157.19
Support 2 = 157.00
Support 3 = 156.68
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Pair = GBPJPY
Woodie's Pivot Point
Time = Dayly, 2013.10.28
Result
R2= 158.31
R1= 157.86
PP= 157.49
S1= 157.04
S2= 156.67
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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.
Pair= GBPJPY
Result DeMark Pivot Point today 2013.10.28
S1= 156.88 ,R1= 157.69 ,O = 157.62 ,H= 157.94 ,L= 157.12 ,C= 157.45
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Pair = GBPJPY
date : 28 october 2013
r3: 158.90
r2: 158.74
r1: 158.35
pivot: 158.11
s1: 157.90
s2: 157.47
s3: 157.02
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.
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