1st Stage - H4 Confirmed Bearish Divergence. 2nd Stage - Minimum 200 pips drop. 3rd Stage - Pullback 150 pips. 4th Stage - Drop again another 200 pips

Bearish Divergence at H4 GJ. Reversal pattern have seen at H4 TF.

Morning Hussin, Can you share your analysis on GJ. Thanks

GJ at buying and support zone now. I am long GJ.

Can you share your chart.

image

I noticed 142.200 is major support. I will upload the chart.

Bullish Flag at H1 TF

It just a pattern. Sometimes the fullback fail and it drop. The pullback only give us re-entry short position. I am still bearish mode.

Finally we shall crash this pair till 132.

As I mentioned earlier, the pattern is Descending Triangle Pattern. Normally it will re-test or pullback to the previous support which now it become resistance. How strong it will be pullback I am not sure. You need to have order book indicator to ...

Finally 143.750 shall be tested.

Waiting... 143.750

Previous support at 143.750 not been tested. GJ might test it as resistance.

Buy at 142.400, TP at 143.750. SL at 142.100

I agree. We shall see bounce at 142.200.

143.750 support has been broken. Bearish Descending Triangle Pattern at Daily TF.

Sell GJ till 132. Add your position during re-entry position.

Now...GJ too fragile to buy. Any negative news on Brexit will push this pair down.

Current GJ movement : 1. Testing previous resistance at 145.880 and now become support or, 2. Testing previous support at 142.880 or 3. Testing daily upper trendline at 145.990