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I believe we have buy opportunity on Eur/Jpy to 170 the best price for buy is within 143 to 145 stop loss 141 take profits : 150 , 152 , 155 , 160 , 164 , 167 ,170
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I think GBP/ZND can reach to 2.11 at first and finally 2.415 1.77 is the lowest point of chart . 2.11 is a great resistance and i believe that , it will be broken and act as support we have a channel up distance between 1.77 and 2.11 is approximately equal with distance 2.415 and 2.11
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Hello all traders I have a long term outlook on USD/JPY that I want to share with you we had a channel down that has 3800 pip width with Expansion of the Quantitative and Qualitative Monetary Easing that bank of Japan declare on October 31, 2014 this channel break completely and also break 50% Fibonacci Retracement that is 111.6 and on 2014.12.5 with release "Non-Farm Employment Change" data that is positive for USD 61.8% Fibonacci Retracement that is 120 break too (Draw fibonacci retracement on…
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Hello I have a long outlook on EUR/GBP If EUR/GBP break support line on 0.7747 comletely it can fall to 0.7257 at first and secend fall to 0.6545 0.6545 is a important support and finally can fall to 0.5689 0.5689 is a very important support and the lowest of the chart distance between 0.7747 to 0.5689 is approximately equal with the triangle width it takes 2 to 5 years to reach these take profits
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Hello all Trader We want to share a long term look on GBP/JPY I want to add a photo from MT4 for this purpose but I don't know why I can't load it to this place then i force to explain it with digits and times if we plot fibonacci retracement between 2007.06.29 23:00 251.105 2008.12.31 00:00 118.796 we have 50% fibonacci= 185 and 61.8% fibonacci=200.6 and the Trend is up I think the best price for go long is around 185 to 187 and first target is psychological number 190 then 195 and finally we r…
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we have an opportunity on EUR/USD 1.2360 is an important support and other hand eur/usd is under pressure that is shown in the 4h chart if eur/usd test successfully 1.2360 and break red falling line it can go to 1.26 (triple bottom) if eur/usd cross 1.2360 and close under this price it can fall at least to 1.23
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We have a triangle with 200pips width in top on GBP/JPY on H1 and the main trend of this currency is towards up and we have an important news on GBP today (Manufacturing PMI) , then my strategy is buy to 188 if we have deviation 2 or more it that means if Manufacturing PMI is 55 we have buy gbp/jpy and close half of this on 187 and rest of trade on 188 , this takes 2 days to reach 188
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