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GBP/JPY

  • #2,341
  • Jun 11, 2020 3:20am Jun 11, 2020 3:20am
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  • #2,342
  • Jun 11, 2020 3:38am Jun 11, 2020 3:38am
Quoting karmostaji
{quote} 135.30 area was a tough resistance previously, let's see if it can be a tough support now.. I also have a daily/4h trendline at the same area, if price gets rejected then might consider a long position.
yah bro I am not convinced yet about the head and shoulders it could be a trap

140s still possible

maybe the best to wait for daily reversal candle
  • #2,343
  • Jun 11, 2020 5:36am Jun 11, 2020 5:36am
I see head and shoulders on 15mins chart might work and push GJ up
  • #2,344
  • Jun 11, 2020 5:54am Jun 11, 2020 5:54am
4hr has turned to sell the rallies.

It is better to wait for bullish candle on daily if looking for buys.
  • #2,345
  • Jun 11, 2020 6:09am Jun 11, 2020 6:09am
I see 2 scenarios based on Elliott waves lets see which one will play out
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  • #2,346
  • Jun 11, 2020 6:37am Jun 11, 2020 6:37am
head and shoulders on 15mins
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  • #2,347
  • Jun 11, 2020 7:40am Jun 11, 2020 7:40am
Quoting msniper
I see 2 scenarios based on Elliott waves lets see which one will play out {image} {image}
Bulls vs Bears fighting at support area..
Trade what you see, not what you think.
  • #2,348
  • Jun 11, 2020 8:03am Jun 11, 2020 8:03am
I think this is the last chance for bull they need to hold this support and close daily above 135.30 or else we gonna sink more
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  • #2,349
  • Jun 11, 2020 8:12am Jun 11, 2020 8:12am
Quoting msniper
I think this is the last chance for bull they need to hold this support and close daily above 135.30 or else we gonna sink more {image}
Bouncing off the TL for now, yeah I agree with you.. if this breaks and daily closes below then it's going to dive.
Trade what you see, not what you think.
  • #2,350
  • Jun 11, 2020 8:27am Jun 11, 2020 8:27am
look how nice this fork ! I hope it work
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  • #2,351
  • Jun 11, 2020 3:59pm Jun 11, 2020 3:59pm
Quoting msniper
I think this is the last chance for bull they need to hold this support and close daily above 135.30 or else we gonna sink more {image}
I think bulls are dead, maybe a lil retrace to 136 and then dive.
Trade what you see, not what you think.
  • #2,352
  • Jun 12, 2020 2:24am Jun 12, 2020 2:24am
Quoting karmostaji
{quote} I think bulls are dead, maybe a lil retrace to 136 and then dive.
I agree 136 to 137 area will be perfect short entry
  • #2,353
  • Jun 12, 2020 5:09am Jun 12, 2020 5:09am
Head and shoulder
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  • #2,354
  • Jun 12, 2020 5:52am Jun 12, 2020 5:52am
Hi.
=====
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  • #2,355
  • Jun 12, 2020 11:06am Jun 12, 2020 11:06am
Quoting belon
Hi. ===== {image}
Hi Belon, nice to see you here, I like your post from EU. cheers
  • #2,356
  • Jun 12, 2020 1:07pm Jun 12, 2020 1:07pm
Quoting karmostaji
{quote} I think bulls are dead, maybe a lil retrace to 136 and then dive.
She listened, good girl GJ..

Looks like more downside next week..
Trade what you see, not what you think.
  • #2,357
  • Jun 12, 2020 5:34pm Jun 12, 2020 5:34pm
this is my final view

I expect and hope one more pump to 136 area again before resuming downtrend again

targets 132.xx & 130.xx & 128.xx

keep shorting guys
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  • #2,358
  • Jun 12, 2020 7:48pm Jun 12, 2020 7:48pm
SPX and Nasdaq made new lows before rallying into Friday's close while Yen pairs did not make new lows.
Yen pairs are leading the equities right now so a bounce higher is keen
  • #2,359
  • Jun 16, 2020 1:08am Jun 16, 2020 1:08am
i am short 136.20

no SL

TP 128.xx
  • #2,360
  • Jun 16, 2020 9:19am Jun 16, 2020 9:19am
Quoting msniper
i am short 136.20 no SL TP 128.xx
I like the confidence but please manage risk, we want to have you here with us
Trade what you see, not what you think.
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