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GBPJPY - Upward trend will continue, Long trade by market price recommended

November 12, 2019 7:38:06 AM by Alexander Zorevyk
Forecast Details
PairGBPJPY
Direction Buy
StatusClosed (139.70)
7:34
7:34
Nov. 12, 2019

+75 p
141.10
Target 1
140.35
Entry
-65 p
139.70
Stop Loss
Chart & Analyst Comments
main-buy-market-trend-1
  1. The ratio of buyers and sellers is close to parity, it's time to think about price turning up.
  2. The dynamics of the Ratios indicator signals for Long opportunities. Pay attention to the area marked on the image.
  3. Downward price movement is accompanied by reversal signals of Profit Ratio indicator.
  4. Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
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