Saturday, March 2, 2013

GBPJPY: Pivot Bottom confirmation. 04/03/2013

1362200570-clip-25kb

GBPJPY confirmed the pivot bottom trade setup at the close of trading on Friday with the formation of another bullish trend confirming pin bar candle formation right at support (139.20) The bulls are expected to push prices higher into resistance 143.00-144.80 region.

My recommendation: Stay bullish till 143.00

No comments: