GBPJPY MONTH TIME FRAME@717.347 All time High on 01Jan1975
@116.837 All time Low on 01Sep2011
GBPJPY market is falling down from 01Jan1975
As you see I marked 4 POI on month TF @208.117 and @188.631 this two POI are for short position. And if we see price is going to mitigate @188.631 my POI is calling them to mitigate there if you want to place order then place @188.631 short SL 198.358 TP 169.115 RR 1:2
Second short order @208.117 SL 221.481 TP 181.454 If price give us a breakout @215.892 which is high on 01Jun2008 we can see a BULL RUN ?! I don't know! But if price give us another breakout @251.115 which is also a high on 02Jun2007 then we can see a retrace and BULL RUN!
And another 2 POI is for long position @161.976 and @139.478
I Think GBPJPY market is doing good going good.
CHART LOOK'S GOOD AND CLEAR
WHOEVER IS READING THIS COMMENT, YOUR THOUGHTS, THANK YOU.
