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GBP/JPY

4h gann still holding I enter long t 130.71 with SL 130.10 or 4h candle close below 130.50
Quoting msniper
4h gann still holding I enter long t 130.71 with SL 130.10 or 4h candle close below 130.50
I stopped loss at 130.51 minus 20 pips
things not good

GJ will keep going down again
GJ made a bear flag

I enter short at 130.50
SL 131.42
TP 128.80
My geppy setup for my trades in coming days/weeks.

Good luck to all.
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Quoting FXSal
My geppy setup for my trades in coming days/weeks. Good luck to all. {image}
ur target is correct 118 and 119 is my target zone

but the counting there are many counting that can give u same target not sure which count will be correct

not sure if we will see above 135 before the 119 !
Quoting msniper
{quote} ur target is correct 118 and 119 is my target zone but the counting there are many counting that can give u same target not sure which count will be correct not sure if we will see above 135 before the 119 !
Hi msniper

Yes i know, the elliott wave count can change any time. no guarantee unfortunatley.
Weekly - A bearish candle close below 132.00 level after 6 weekly candles failing to do so.
Daily - Daily candle closed below 130.50 support area.
4H - Price is below 50ema, gann hilo.

Everything is looking bearish to me as long as price remains below 131.30, and I will sell any kind of retracement until that level. Next possible targets are 61.8% fib @ 128.50 and then 78.6% fib @ 126.50

Keep it simple & Good luck for the week
Trade what you see, not what you think.
gbpjpy shorts are going all in ?

Attached Image
COT: The precious data ignored
We should see some resistance in the area of 130.00 to 130.20
Trade what you see, not what you think.
maybe its good idea to sell GJ at 130.62 now to target below 129
the same Short GY 130.60-70 tp 130.30 and 129.95
I exit my short at entry level

I think shorting is dangerous now and GJ is going to keep flying
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Quoting msniper
I exit my short at entry level I think shorting is dangerous now and GJ is going to keep flying {image}
I'm not convinced, I think shorts are still in play unless GJ breaks last high of 131.40

Not easy to trade this beast
Trade what you see, not what you think.
Sell Limit @131.20/30
If you are afraid, don't participate. If you come, don't be afraid
short from 131.08 still short from 132.57
Quoting karmostaji
{quote} I'm not convinced, I think shorts are still in play unless GJ breaks last high of 131.40 Not easy to trade this beast
I like that 4h pin bar, I would like to see the daily candle close even lower than here.
Trade what you see, not what you think.
Quoting karmostaji
{quote} I like that 4h pin bar, I would like to see the daily candle close even lower than here.
Didn't get the daily close lower but atleast we didn't get a bullish engulfing close. It is looking ready to go down from here as long as we don't break 131.40

It's time to pop some patience pills I think
Trade what you see, not what you think.
Quoting karmostaji
{quote} Didn't get the daily close lower but atleast we didn't get a bullish engulfing close. It is looking ready to go down from here as long as we don't break 131.40 It's time to pop some patience pills I think
That didn't take long to kill me got stopped out
Trade what you see, not what you think.
I exit my small longs

4h candle close inside this channel now I think I will sell

SL maybe 132.50
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Quoting msniper
I exit my small longs 4h candle close inside this channel now I think I will sell SL maybe 132.50 {image}
forget about it GJ closed above the down channel that's bullish not good to go short
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