PooyaSalehipour

GBPJPY Update 8march 2016 Divergence

FX:GBPJPY   British Pound/Japanese Yen
401 5 18
Dear friend's

All support and resistance line and Everything's is clear on the chart.


Thanks,
P.Salehi
Comment:
snapshot
4h timeframe
Trade active: long for short time around 162.50
Comment: divergence is still available
Comment:
snapshot
Comment:
snapshot
possibility move
have a look at this... i am expecting 162 and 166.5

snapshot
+1 Reply
thanks for your chart. i dont get the clear message from this chart, What do you want to say?
Reply
newbie2016 PooyaSalehipour
its not a perfect inverted head and shoulder.. but it is good support.. check this my deal.. gj kept my sl with 4 pips and went up again..

GBP/JPY Buy Setup
Reply
First, We need to wait to create H&S Pattern then when break, we can enter in pullback. but not now. GBPJPY may have the bullish move but its not the reason. Thanks.
Reply
snapshot
this is also very possible setup before going to fall
+1 Reply
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