ForecastCity

Don't miss the great buy opportunity in GBPJPY

Long
FX:GBPJPY   British Pound / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (133.95). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 135.5
TP2= @ 135.8
TP3= @ 136.5

SL= Break below S2
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Comments

Hey this looks great, I'm just wondering should I get into this after it goes up from 133.950 or shall I get in now?
+5 Reply
Forecast_Crypto MohammedAli1997
@MohammedAli1997, Wait for price action at 133.55
+3 Reply
ForecastCity MohammedAli1997
@MohammedAli1997, Thanks for your comment. as it's mentioned in the idea, you can set orders based on Price Action and expect to reach short-term targets.
Reply
Very thoughtful, congratz n thanks a lot giving me a better direction and surely earning money.
+3 Reply
ForecastCity Forecast_Crypto
@Forecast_Crypto, Thanks.
Reply
Thank You for sharing!
+3 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, You're welcome. we hope you find it helpful.
Reply
Very thoughtful
+3 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, Thanks.
Reply
I liked your TA 😍😍 you'r my favorite analyst.
+2 Reply
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