Labels for the chart above:
Red line : Moving Average 200
Green line and Red circle : Strong Support that i defined
Blue line : Place i put buy position.
Yellow line : Place i closed my position
Total pips : 420 pips
Total profit : USD 343.28
Time frame used to analyze : 4 hour
From the above-mentioned chart, I have concluded to acquire GBP/JPY as I notice a strong support at RED circle area. The example given is for your perusal and I will provide more samples as and when the possibility arises.
When you encounter any problems or have any inquiries with regards to their forex trading, please feel free to drop an email to me at gap112@gmail.com.
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