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GBPJPY – why Tflow® boxes show it all clearly and visibly

I talked about GBPJPY first in tweets. Remember to follow me in tweet www.twitter.com/terraseeds

Why was I bullish?

First if you look at what the boxes is showing, there is no sign of bearishness

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D1 boxes stacking up, bullish expansion seen

Key to GBPJPY chart lies in support seen; you can easily see these supports from boxes. Use boxes to help you analyse chart systematically

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GBPJPY showing higher support level; suggests bulls are getting stronger

 

What boxes say

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Bullish expansion; possible Big Move setup

There are 2 ways:

1. Wait for a D1 close above resistance trend line but stop loss has to be widen

2. Wait for bullish expansion in h1 to confirm and trade on retracement back to support

Immediate resistance resides 1.6100. A D1 close above 1.6000 is important for 1.6100 to show.

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