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  1. #1
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    GBP/JPY: On the way of daily support!



    As you see, market came back from the weekly resistant level (@147.51), and now it’s moving for nearest support level @136.49!! If you miss that sell opportunity than, follow the intraday support/resistant levels for selling this trading pair! Yes, right now I am interested only sell trade on GBP/JPY!

  2. #2
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    Quote Originally Posted by Steve nison View Post


    As you see, market came back from the weekly resistant level (@147.51), and now it’s moving for nearest support level @136.49!! If you miss that sell opportunity than, follow the intraday support/resistant levels for selling this trading pair! Yes, right now I am interested only sell trade on GBP/JPY!
    Hello Steve; Thanks a lot for your analysis; would you please mention here intraday support and resistant levels? Actually, I am not an expert trader! Thanks in advance!

  3. #3
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    Quote Originally Posted by Andre Silva View Post
    Hello Steve; Thanks a lot for your analysis; would you please mention here intraday support and resistant levels? Actually, I am not an expert trader! Thanks in advance!
    143.30 was an intraday resistant level! On the other hand, 139.14 is the nearest intraday support level. If market breaks this level strongly then you can apply here retrace trading method! Hope this helps!

  4. #4
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    Yes, right now I am also with sell trade here! Basically, I opened my Sell trade on 146.17 level according to my personal trading system that I made from default trading indicator! By the way, right now I am with 50 pips profit and I set my TP on 138.87 level!

  5. #5
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    I got your point, but I think buyers will get back soon! You may see on weekly chart more strong buy candles than sellers! That’s the reflection of the momentum of buyers! Yes, I am also waiting for breaking 147.51 levels, since it’s a historical level!

 

 

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