Weekly pivot at 129.
Those planning to long should atleast wait for WP to clear.
Have a good week all.
Those planning to long should atleast wait for WP to clear.
Have a good week all.
Fundamental Analysis, Technical Analysis Or Graph Analysis? 28 replies
long eur/jpy, gbp/jpy, usd/jpy 11 replies
EUR/GBP, EUR/USD, GBP/USD, AUD/USD, CAD, NZD, JPY, and more... 14 replies
eur/usd, eur/jpy, usd/jpy average 0 replies
Gbp/jpy = Gbp/usd X Usd/jpy ?? 5 replies
Disliked"goin down on 15 min". So does this mean it's not going down on other TF's? So the others are going up?Ignored
DislikedWeekly pivot at 129.
Those planning to long should atleast wait for WP to clear.
Have a good week all.Ignored
DislikedGuys the Geppy should def give us a clear directional sense this week
The 128.35 key area Held and is attempting to rally from a bottom made above 128.20 area. A test of the 61.8% retracement level, near the 129.50 area will be important to provide further clues of whether the current near-term rally will extend to the short and medium term.
We can see that for this to be truly a bottom the market needs to break above 130.50, and establish support around there.Ill be watching this week to see what happens.
My longer term view is def bearish...Ignored
Disliked129.65 is crucial level - if i would short this pair- i would def go for 129.65 stops above 129.95 -
i do see we will bounce of 129.65 then drop to 128 where consilidation is likely
I WONT SHORT NOW! I WILL WAIT FOR ABOVE NUMBERS
but be aware -- this last move on 4hr chart might be the left shoulder of a inverted H&S with neckline @ 130.45 - so we can move all the way upto the neckline @ 130.45 then have sharp drop (head ) to where ever 126/128 ,.
[b]shorts is risky - you are only 110 pips away from 128.00 - trust...Ignored
Dislikedall depends on how today's candle closes, imo. watch carefully how bullish engulfing plays out. daily close below 128 is needed for shorts to party.
today's candle close is critical imo.Ignored
Dislikedim with you on that- but what i do know is when you have a engulfing candle - lets say in downtrend and we talk of a bullish engulfing candle --
then your strongest engulfing candle is always ,when your engulfed candle WAS LOWER WITH A SPIKE AS PREV CANDLE AND THEN CLOSED AS A ENGULFED -
so this current candle on geppy is def. engulfing,but not as strong as it should be -or a "perfect " engulfing " candleIgnored
Dislikedwow member in 4 posts- i hope my smurfs is strong enough this time-
btw- pkmync
somethign like this -Ignored
Dislikedkk. one of the most important thing in candle stick though....
is where in the trend reversal candle formed...
so the lengh of the trend is very important.Ignored