MG Network

something big isHappening!

In the mean time you can connect with us with via:

Copyright © Money Grows Network | Theme By Gooyaabi Templates

Money Grows Network

Archive

Powered by Blogger.

Welcome To Money Grows Network

Verified By

2006 - 2019 © www.moneygrows.net

Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

Popular

Pages

Expert In

Name*


Message*

Elliott wave analysis of GBP/JPY for May 21 - 2019

analytics5ce38148a7c45.png

We are looking for a break above minor resistance at 140.51 and more importantly a break above resistance at 141.12 to confirm, that wave 2 has completed and wave 3 higher to 151.50 is developing.

Short-term, we seen support at 139.67 and again at 139.53. Ideally support at 139.67 will be able to protect the downside for the expected break above 140.51 confirming that a new impulsive rally is developing.

R3: 142.21

R2: 141.71

R1: 141.12

Pivot: 140.51

S1: 140.15

S2: 139.67

S2: 139.53

Trading recommendation:

We are long GBP at 139.80 with our stop placed at 139.45.

The material has been provided by InstaForex Company - www.instaforex.com