Subscribewe can notice from the chart that the pair has closed it's daily candle under 122.00 , that's mean the down trend is expected and the pair might head to 121.35 then 121.00 , however the pair made a hourly correction
Thread: Gbp/Jpy
we can notice from the chart that the pair has closed it's daily candle under 122.00 , that's mean the down trend is expected and the pair might head to 121.35 then 121.00 , however the pair made a hourly correction
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analysis gbp/jpy on frame day.if the pair broke support
level 121.08.the pair will down till level 120.48.however the pair
broke resistance level 121.74.the pair will up till level 122.34
good luck
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in this chart we can see that the candle will downtrend , i use ( one hour frame H1 ) so i suppose to sell in this time and make two target the first target at ( 121.651 ) and the second target is at ( 121.551
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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 122 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.
the pair is trading now above the level of 121.00 and that's mean the uptrend is still standing and the pair might reach 122.00 , but if the pair succeeded in breaking 121.00 , it will continue in down trend heading to 120.70 and then 120.40
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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 122 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.
i see in this chart that the candle is going to uptrend in one hour frame so if you buy now make for you two targets you will be able to get them your first target at ( 121.564 ) and the second at ( 121.664 ) and make your stop loos at ( 120.200 ) good luck in this analysis
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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 119 sell only and do not buy. If price closes back above it again do nothing
The range 122 and 119 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.
as we can see on the chart , the pair is trading under the level of 122.00 , any way if the pair succeeded in breaking 112.00 , it will continue in it's up movements heading to 122.30 and then 122.60
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 picture is showing the pair has been ended it's trading today above level 121.50 and that's will lead the movement to up trend to reach 122.00 , so the buying is suggested with a appropriate stop loss level and targets equal 30 pips at least
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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