Dragon Riders GBP/JPY

I will literally crap myself if this goes to 192.00. Heres my view. From daily it looks like it hit the 61.8 this worries me since it can extend to 161 fib levels right? M5 lookin good now m15 needs to cruise back up and close above ma 21, 200 and 80.

Pair is bullish. Hold it. Tp at as close to 195 as you can get. Don't be greedy. Look for better re entry

shorties coming i bet, i think it may hit up 193.50s area soon. But day hourly closed blue need to wait and see.

looking for a lower price to go long..

I am still holding my short, TP 193.

192 coming

Funky Monkey

wow, woke up to green again this is an awesome pair. I had tp set to 61.8 but i guess it shot up to fast and canceled out a short and kept my longs in play which is even better since its got %100 which i closed now looking to reverse again and looking good so far. Still reading charts.

short should be good m5 closed under sma 80 not yet on tf15 but headed that way. Possible rising wedge pattern forming tf 5-15

id like to buy around 194.25 if it gets back there. either way im looking for longs now

It might. Over next few days theres a few significant news releases for jpy.

Guys,

Just becareful. The trendline has broken, I know that it went back over the TL today, but from what I am seeing, this is no longer a trend. There is upward pressure on MN TF and weekly. BUT that is one hell of a strong resistance. its been tested and held every time.

Trade the weekly range, as Patternz says, I think any breakout will be fundamental based. Watch for sharp downward pressure. pending orders for the win!!

Lets break this damn resistance and make us some monies!!

ha, got trigger happy. Shorted @94.76 maybe down to 94.20. Probably while i sleep..will keep open for a few hours or after daily's confirmation : flipped it back to long.

Drew some lines. They seem to hold nicely.

I'm thinking 193.xx is long over due after bouncing off the top so much, we shall see. Shorted off the weekly R1, we shall see how far it'll go, set my trade to BE now.

sleep kicked my butt last night, lost $10 grrr. Should've waited but no i had to jump in for that fib retrace which was telling me that it was having trouble man i should've known better.

gbp/aud is going to the top....gbp/nzd is trying....that 189.77 and 190.17 is calling this pair from hail....but the summer narrow range is getting in the way
but there's one more thing....the Sovergn Wealth Funds....that's who we battle....no one says it out loud....they say central banks....and we get a new currency in October....reading on the intronet!!

anyone else looking to long around 193?

i'm already long from 194.10, currently under. when my analysis from the 17th above said to be careful but i didn't take my own advice. Spaced it.

didnt buy. this can fall to the 190s