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DLavrov
Nov 19, 2017 7:24 PM

GBPJPY Buy Opportunity Long

British Pound/Japanese YenFXCM

Description

The market moves between 150.00 and 148.00 levels. DMI confirms range market conditions. Now the price bounces from 148.00 support level and RSI confirms price reversal in the oversold zone. MACD histogram supports upward movement. It gives us a new trading opportunity. Pending orders for buy can be placed at 148.28 level with stop orders at 147.90 level. Profit targets are 148.80 and 149.30 levels.
Comments
Najib13th
nice, feel free to check mine as well ;)
smmservicespro
great analysis
kaosmoc
i like the accuracy of your analysis, very good!
ejhspo
Thanks for the wonderful analysis...
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