SubscribeCandle is above Moving Average period 20 in 30 Minutes chart so I think its still standing for Uptrend. First target must be at 119.90 and second target at 120.00 for next time. TRADE AT YOUR RISK IF YOU FOLLOW MY ANALYSIS & Happy green pips
Thread: Gbp/Jpy
Candle is above Moving Average period 20 in 30 Minutes chart so I think its still standing for Uptrend. First target must be at 119.90 and second target at 120.00 for next time. TRADE AT YOUR RISK IF YOU FOLLOW MY ANALYSIS & Happy green pips
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Hamzagoroo (2019-03-23)
If a M15 close above 119 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 118.05 sell only and do not buy. If price closes back above it again do nothing
The range 119 and 118.05 is neutral area, any trade done in between is personal decision and not part of this analysis
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Hamzagoroo (2019-03-23)
we can notice from the chart that the pair has closed it's daily candle under 119.00 , that's mean the down trend is expected and the pair might head to 118.00 then 117.60 , however the pair made a hourly correction
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Hamzagoroo (2019-03-23)
as what i can see in the hourly shart i think he is return in bearisg the macd is below the 0 level the rsi is belox the 50 level
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Hamzagoroo (2019-03-23)
the pair as we can see on the chart has success in breaking the level of 118.00 and reached the level of 117.00 , that's mean the down trend is standing and the pair might head to 116.55 then 116.10
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Hamzagoroo (2019-03-23)
the pair now with in up channel , so it will be for buy
after broke this channel or after reaching the lower
line of the channel .
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Hamzagoroo (2019-03-23)
we can notice from the chart that the pair has closed it's daily candle under 119.00 , that's mean the down trend is expected and the pair might head to 118.35 then 118.00 , however the pair made a hourly correction
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.
Hamzagoroo (2019-03-23)
If a M15 close above 119 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 118.05 sell only and do not buy. If price closes back above it again do nothing
The range 119 and 118.05 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.
Hamzagoroo (2019-03-23)
this pair as we can see the common trend is down trend and the price deeply down ema50 line. althogh the last week candle formed bullish . should close under the support level at 118.65 to continue falling
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.
Hamzagoroo (2019-03-23)
If a M15 close above 119 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 117.50 sell only and do not buy. If price closes back above it again do nothing
The range 119 and 117.50 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.
Hamzagoroo (2019-03-23)
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