Currency
GBPJPY APPROACHING DEMAND ZONE !!!1) Wait for the price to reject at the entry range and take long position accordingly
2) If broken down , check for 4H candle close below the buy level to go for a SHORT POSITION .
3) May wait for trendline breakout and retest for more confirmation .
4) 4 Targets are given . targets 3 & 4 might be difficult to achieve because of the trendline . trial your positions accordinlgy .
BIOCON short signal , Rectangle patternI will Short BIOCON on because:
The price is forming a Chanel or Rectangle Pattern .
The price is also under Support/Resistance zone.
It has touched the resistance (upper end of rectangle ) and may reach the support zone (lower end of rectangle ) .
Target would be the Support area . Book profit when it reaches the support zone .
Entry - 457
Target - 410
Stop loss - 467






















