Monday, 24 September 2018

GBPjpy For Long

Hi Every '

My Name is Nifemi Adeleke I am a Technical Analyst with the Forex Mechanics. And most of the time am in charge of posting these messages after due analysis for the the day, week and month.
but the only  message we post here is about daily movement. Just so that you may see what we are doing and not do what we are doing.

Today we are going Long on GBPjpy taking advantage of the continuation of the trend along the North. We are already in the trade.

Our first 13 Pips shall be taken at        148.019 Which is about 13 Pips 
Our Final Take Profit will be at           148.225
Let us analyse the Chart below:


We discovered it broke the Support at 147.411 even though we 'have have been waiting for this Price Level to be taken out and after breaking the price level we waited for the price to close above the price level and when it did we jumped in . The above analysis was done one 1Hr T.F in connection with Daily T.F
We did the same for GBPusd, and you can see we are already in profit with that as 


Wishing You A Profitable Day
Thanks


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