GBP/JPY trades higher, intraday weakness only below 193.20

FX:GBPJPY   British Pound / Japanese Yen
404 16 10
GBP/JPY             has made a high of 193.84 and retreated till 193.23. Intraday trend is bullish as long as support 193.20 holds.

Any break below 193.20 will drag the pair further down till 192.70/192.30 in short term.

On the higher side any break above 193.85 would extend gains till 195/195.60.

Intraday trend reversal only below 193.20.

Indicators (4 Hours chart)

CCI (50) –Buy

Ichimoku –Buy

It is good to buy at dips around 193.70 with SL around 193.20 for the TP of 195
For me everything is clear - Target (TP) 195, stop loss (SL) 193,20. Why you post stupid question?
I mean yesterday and today
Twice book profit with your idea. Thanks a lot!
Buy at 193.2, SL 192.7, TP 195, right?
yujingr yujingr
liking your trades a lot by the way
Good idea. Thank you
Airmac= badmouth
+1 Reply
just bad trading, I don't understand some setups people posted here, whats the gain form this, to gain clients?!
maybe but he post some good trades and others are not but happen to everyone
FxWirePro sheepskyfx
It is typo error sorry. Any one feels bad post please dont follow
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