elliott common flat correction up 143.82 it should test 143.20 area fter which a sell off down to 142.76 or extended to 142.42 area is expected
support and resistances
res2 143.64
res1 143.37
pivot 143.03
sup1 142.76
sup2 142.42
Thread: Gbp/Jpy
elliott common flat correction up 143.82 it should test 143.20 area fter which a sell off down to 142.76 or extended to 142.42 area is expected
support and resistances
res2 143.64
res1 143.37
pivot 143.03
sup1 142.76
sup2 142.42
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Since the press release, just yesterday this pair, pair approached my limit support to low, several major seems to happen right away ...... a strong bearish movement, the movement of yesterday be careful long input area next week 128 - ... watch out ... 129 in what was to break into
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Gbp/jpy
place pending order short @ 1.4335
stop loss @ 1.4400
half take proft @ 1.4250
and half @ 1.4185
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USD/CAD Elliott Wave
For the last few weeks the USD/CAD pair was trading downwards, corrective wave Y (coloured blue) of the bigger wave (4) (coloured green) was developing. During the Tuesdays Asian session we could observe ascending movement from 1.0189 towards 1.0209 level. Therefore, during the European and New York...
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Gbp/jpy
bhai mere Main ye thread GBPJPY ke debationg ke liye bana raha hain. all friends or all members ko ya post karne ke liye welcome karta hoon.
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weekly analysis-
if we draw the fibo on last low- hight in day chart we can see price is hold at the fibo 38.2 and price 130.25. it is again move to up side but not able to hit its zero level or resistance at 147.00 the price will again move to down side and macd indicator is also going to cross it zero line we can take short position with the stop loss at 146.50
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Gbp/jpy
bhai mere Main ye thread GBPJPY ke debationg ke liye bana raha hain. all friends or all members ko ya post karne ke liye welcome karta hoon.
---------- Post added at 07:21 AM ---------- Previous post was at 07:14 AM ----------
Gbp/jpy
bhai mere Main ye thread GBPJPY ke debationg ke liye bana raha hain. all friends or all members ko ya post karne ke liye welcome karta hoon.
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Virtually all week the pair was trading in flat to downward pressure. Twice this week, a couple of bounces from daily level 142.00. That was a good signal to buy on the rebound. After hanging up the pair moves to the level of resistance to the price of 143.82. The next week we recommend buying after a penetration level of 143.82 and retest it. if formed Demolition candles - enter on sale from this level. Alternative sales after breaking through the level 142.00 with stop above this level*
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we can see in the 1w chart
the pair trading down the 23.6
I see the pair will go to down way to 140.32
stochastic refers that the pair will go down
so our target sell from 143.17 and our target will 190pips
Good luck
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Gbp/jpy
bhai mere Main ye thread GBPJPY ke debationg ke liye bana raha hain. all friends or all members ko ya post karne ke liye welcome karta hoon.
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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