ForecastCity

Don't miss the great sell opportunity in GBPJPY

Short
FX:GBPJPY   British Pound / Japanese Yen
Trading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (133.65). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. GBPJPY is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 53.

Take Profits:
TP1= @ 132.55
TP2= @ 131.90
TP3= @ 131.20

SL: Break Above R2
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Comments

Looks good! what time frame is this chart on? the 2hrly?
+5 Reply
I HR .. +447393123351 WHTSAPP TAIP FORECAST
Reply
@elh0, It is 1 Hour timeframe!
+4 Reply
@elh0, It's H1.
+2 Reply
I lost. Trade 1 hour after this post 😢
+3 Reply
@Emymemy, Please don't forget to follow us to get notifications about new published ideas. we hope next time you be lucky and don't miss it.
+1 Reply
Emymemy ForecastCity
@ForecastCity, i didn't know when should I go in.
+1 Reply
Thanks
+2 Reply
ForecastCity blessed4life
@blessed4life, You're welcome. we hope you enjoy it.
Reply
you are great
+2 Reply
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