Thread: Gbp/Jpy
If a M15 close above 123 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 121 sell only and do not buy. If price closes back above it again do nothing
The range 123 and 121 is neutral area, any trade done in between is personal decision and not part of this analysis
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Hamzagoroo (2019-03-31)
after a look on the screenshot we can see the pair has ended it's daily candle under the level of 122.00 , and that's mean that the down trend is still standing and the pair might reach the level of 121.60 today just if does not reached it tonight .
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If a M15 close above 123 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 120 sell only and do not buy. If price closes back above it again do nothing
The range 123 and 120 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
uptrending is expected because of the trading now above the level of 122.00 and the pair might continue in it's upmovements heading to 122.50 and and that's before bouncing from the resistance levels , good luck .
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.
If a M15 close above 122 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 121 sell only and do not buy. If price closes back above it again do nothing
The range 125 and 121 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
Candle is above Bollinger Band Stop in 60 Minutes chart so I think it’s still standing for Uptrend and this pair might head at first level 122.20 and the second level at 122.50. Place your stop loss 40 points from your open position or at appropriate points from your own analysis. TRADE AT YOUR RISK IF YOU FOLLOW MY ANALYSIS & Good luck
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.
the chart is showing that the pair has closed it's daily candle under the level of 121.00 , and that's mean that the down trend is still standing and the pair might reach the level of 120.50 this night in the asian session . good luck friends .
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current price of this pair is 120.32. i think its better to take long position for this pair.bcz 20 ema cross the 50 ema and price is above 20 ema also.the economic condition of gbp is more stronger than jpy.
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The pair is trading now above the level of 121, and the upside way is still standing, thats mean the pair will continue
its upside movement to targeting the second targets level at 121.90 and than 122.20
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.
If a M15 close above 122 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 120 sell only and do not buy. If price closes back above it again do nothing
The range 125 and 120 is neutral area, any trade done in between is personal decision and not part of this analysis
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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