Daily Market Analysis
GBP/JPY
Pivot point : 210.38
Support 1 : 209.98
Support 2 : 209.27
Resistance 1: 211.09
Resistance 2: 211.49
Market is in uptrend with a support at 209.98. I will place a buy limit order at 210.74 with my TP at 213.24 (250 pips) and my stop lost at 210.24 (-50 pips) that is win loss ratio of 5:1
EVERY TRADE IS RISKY AND ALL VALUE HERE IS BY PERSONAL ANALYSIS. Make sure u put your stop lost to prevent from more losses if the trend change.
No comments:
Post a Comment