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GBP/JPY

  • #2,801
  • Jul 6, 2020 6:17pm Jul 6, 2020 6:17pm
lets keep it simple
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  • #2,802
  • Edited 8:17pm Jul 6, 2020 7:56pm | Edited 8:17pm
This should be last try to 134.3 area. Down move should be all the way.

Let's welcome 133.4 today
  • #2,803
  • Jul 6, 2020 8:22pm Jul 6, 2020 8:22pm
i longed GU instead of GJ as GU is more clear and bullish than GJ

GJ is also bullish but it might take a dip to 133.70 or below before going above 135
  • #2,804
  • Jul 6, 2020 11:26pm Jul 6, 2020 11:26pm
Quoting karmostaji
Price has failed to break above 134.70 area, as long as it stays below it then it shall drop back down to 133.70 and most probably even lower. If price drops below 133.70 then the higher TF's (4h / Daily) will look very bearish to me.
As long as there is no 4h candle close above 134.70, My TP area’s for my shorts are:

133.70
132.70
130.90
Trade what you see, not what you think.
  • #2,805
  • Jul 7, 2020 12:11am Jul 7, 2020 12:11am
Gentlemen! Get ready for a bullish move. Longed GJ and GU both.

TW
WARNING: This post warps space and time in its vicinity.
  • #2,806
  • Jul 7, 2020 12:30am Jul 7, 2020 12:30am
Quoting WizardTrade
Gentlemen! Get ready for a bullish move. Longed GJ and GU both. TW
Good luck. Remember put stop-loss.
  • #2,807
  • Jul 7, 2020 1:17am Jul 7, 2020 1:17am
Quoting msniper
GU showing bullish moves now so we should careful as GJ might also follow up
I still see GU struggling to break the 1.25 resistance area.
Trade what you see, not what you think.
  • #2,808
  • Jul 7, 2020 3:22am Jul 7, 2020 3:22am
Quoting WizardTrade
Gentlemen! Get ready for a bullish move. Longed GJ and GU both. TW
Taken out GU at BE and GJ at +10 pips. I will look further into price action at the moment.

Trade Safe.
TW
WARNING: This post warps space and time in its vicinity.
  • #2,809
  • Jul 7, 2020 3:29am Jul 7, 2020 3:29am
Quoting WizardTrade
{quote} Taken out GU at BE and GJ at +10 pips. I will look further into price action at the moment. Trade Safe. TW
Short.. Drop coming.
  • #2,810
  • Jul 7, 2020 3:44am Jul 7, 2020 3:44am
Quoting karmostaji
{quote} I still see GU struggling to break the 1.25 resistance area.
just a matter of time bro before u see it breaking up

1.2537 is the key once we break it we will see 1.2770 i think

we have daily gann at 1.2370 to provide support just incase
  • #2,811
  • Jul 7, 2020 4:46am Jul 7, 2020 4:46am
if GN goes down here risk on and GJ goes up.

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Its all just one persons opinion
  • #2,812
  • Jul 7, 2020 6:48am Jul 7, 2020 6:48am
Quoting Ksth
{quote} Short.. Drop coming.
Did you see that??
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  • #2,813
  • Jul 7, 2020 6:52am Jul 7, 2020 6:52am
GJ finally above 134.70 so now i would say welcome 136.10 and 138 maybe

we need GU to break 1.2537 for things to accelerate
  • #2,814
  • Jul 7, 2020 6:54am Jul 7, 2020 6:54am
Indexes printing new highs bringing the GBP with it. Till the next corona virus scare comes around, the pair should be up and side ways.....up and side ways. Green pips to all !!
  • #2,815
  • Edited 7:05am Jul 7, 2020 6:55am | Edited 7:05am
Quoting msniper
GJ finally above 134.70 so now i would say welcome 136.10 and 138 maybe we need GU to break 1.2537 for things to accelerate
And this may help H&S pattern on daily to continue and then fall of neckline will bring a lot of pips in the weeks to come

TW

PS: It can protrude to 137.5xx -138.2xx level then may nosedive for taking out neckline. I might be wrong and will decide based on price action there.
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  • #2,816
  • Jul 7, 2020 7:08am Jul 7, 2020 7:08am
Quoting WizardTrade
{quote} And this may help H&S pattern on daily to continue and then fall of neckline will bring a lot of pips in the weeks to come TW PS: It can protrude to 137.5xx -138.2xx level then may nosedive for taking out neckline. I might be wrong and will decide based on price action there. {image}
knowing the target is very hard

yes i am bearish long term

but we need to know where GU want to go !

i know GU planning to visit 1.27xx area but also the chart give me possibility to visit 1.32 ! and if so thats mean GJ will be in 140s
  • #2,817
  • Jul 7, 2020 7:11am Jul 7, 2020 7:11am
Quoting msniper
{quote} knowing the target is very hard yes i am bearish long term but we need to know where GU want to go ! i know GU planning to visit 1.27xx area but also the chart give me possibility to visit 1.32 ! and if so thats mean GJ will be in 140s
Need to use Karmo's patience pills.
  • #2,818
  • Jul 7, 2020 7:17am Jul 7, 2020 7:17am
I will tame this beast .
  • #2,819
  • Jul 7, 2020 7:26am Jul 7, 2020 7:26am
Dumb money...

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COT: The precious data ignored
  • #2,820
  • Jul 7, 2020 8:12am Jul 7, 2020 8:12am
I think it will go up 136, xxx, down 132.5xx and up again to up 140, xxx ... we'll see. It has open GAPs below ...
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