GJ Daily Down but ...weekly GJ Up....
easy money when both time frame allign together
easy money when both time frame allign together
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
DislikedTime for a break and bear week?
Anyway, 200 pips up and we meet daily, weekly and monthly resistance all at the same time. That could be a very nice move down.Ignored
DislikedYou may be right. The 61.8 retracement comes up at 131, which is also where the weekly 100 ema is sitting right now (although it seems to be turning up slightly). 131 is also at a TL that might be the one that held GJ back at 140.
In my opinion, should it get a clear rejection down below the 127~128 area in the next day or so, it's gunna drop big time (And I would be targeting sub 110).
BUT, there exists the possiblity that it may end up ranging between the 131~128 area and work off it's weekly overbought status, before heading higher...Ignored
DislikedEven if we go to 1.31, I expect a move down to 1.2725 first.
Who wants to buy @ 1.29?Ignored
DislikedThis last rally gives a real nice pic. if you look at the 1 hr chart with Heiken-Ashi overlay. Doesn't happen very often, such a smooth nice run.Ignored
DislikedSorry, here is a better chart with the lines at the right levels.Ignored
DislikedYou're not talking to yourself. Appreciate your input.
Am heading out, but will post a couple of ideas after that.
ps My chart close at 128.922Ignored