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 March 30, 2021

analytics6062bb6f60a73.jpg

GBP/JPY has rallied nicely form support at 148.89 and should move slightly higher to test the former top at 152.55 from where a second decline closer to 148.89 should be expected to complete the correction in red wave iv/ and set the stage for a new impulsive rally in red wave v/ towards 153.88 and likely even closer to resistance at 156.60 before completing red wave v/ and red wave iii.

R3: 152.55

R2: 151.83

R1: 151.56

Pivot: 150.96

S1: 150.52

S2: 150.20

S3: 149.85

Trading recommendation:

We tool profit on longs from 148.78 and 150.00 for a nice profit of 122 pips and are looking for the possibility to short GBP again at 152.25

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