Trade plan for GBPJPY
Weekly Aim :Buying the GBPJPY
Predicted time : 17:00pm

1.Price bounced off 21 EMA which acts as strong dynamic resistance which predicts a lower high for the coming week 2.Daily stochastic is oversold 3.5 &8 EMA cross indication of a reversal

1.Price bounced of the 21EMA which indicates a double bottom which indicates trend reversal 2.H4 stochastic is over bought moving to overbought

1.H1 stochastic is overbought 2.Price bounced off DM3 resistance and likely will reverse

Leave a Reply