The sudden opinion shift after tokyo alongside nearly 100% correlation between each of GBP and JPY pairs was strange.
One reasone more to buy GBP/JPY and not another pairs.
The sudden opinion shift after tokyo alongside nearly 100% correlation between each of GBP and JPY pairs was strange.
One reasone more to buy GBP/JPY and not another pairs.
GBPJPY
Pattern : Head and Shoulders
Buy 142.540
Sl = 142.040
TP = 143.248
Telegram Channel : https://goo.gl/MDNkK0
I'm buying today, with first goal in 152.478 (S.L. 153.372), and then a buy stop for next TP in 154.488, and prevent loss in 153.171. Have a wonderful day. Greetings !
GBPJPY - 4 HOUR CHART
149 level provides strong support.
Strong selling has paused, giving spinning top and doji like candles with this level.
From here we might reverse and commerce back through the area price has fallen from, or, if price breaks, then it might fall into the white zone.
Trade thoughts;
High risk:reward buying around CMP (149.10), stop 146.70.
Wait to find out whether there's a break of 149.00 and sell retests.
what are your setup rules to enter and depart?Originally Posted by ;
Why did you input brief above the cloud?
The opening price is over the 153.06 pivot signaling an uptrend.
Support Level: 152.28, 151.79, 151.01.
Resistance Level: 153.55, 154.33, 154.82.
The MACD histogram is above the zero level.
Parabolic SAR indior (step 0.02, max 0.2) indies the price is heading down.
Trading hints: Buy.
TP: In the resistance level: 153.55, 154.33, 154.82.
SL: One level below the entry point.
how can you know? When, now or later in the day? It is trading down? LH and LLOriginally Posted by ;