Thread: Dragon Riders GBP/JPY

Originally Posted by ;

quote In my view it may rally quite a little higher than that level.

Yes possibly to 150.500 prior to any Indiion of coming down

Originally Posted by ;

Picture Bearish Divergence. Any thoughts?

Anyone caught that 70 pips? I didn't

Originally Posted by ;

quote anybody caught 70 pips? I didn't

did not ch 70 but did 50

Originally Posted by ;

quote Didn't capture 70 but did 50

Great work!

Originally Posted by ;

quote Yes possibly to 150.500 prior to any indiion of coming

Hovering about 150.000 get ready for a spike up.

Very good potential buy on GBPAUD til 1.8410

I think GU and GJ are equally good buys given their current amounts (1.4102 and 150.11 respectively).

Tempted to Brief it, had a good day don't wanna ruin it trying to hit the grand slam

GJ

Originally Posted by ;

quote Yes maybe to 150.500 before any indiion of coming down

Very accurate appraisal, it reached 150.58 before it pulled back. I think it may now fall to 149.50 or even lower.

Originally Posted by ;

quote Possible inverted and cancel HS as seen on 4hr/daily. Top TL at 150.2 or so. Upon emptying 150.3, Possible retest into place in 150.5 ~150.7/8. Strong break above 150.9 could be handy. Height circa 530 pips. Possible targets (if it stay intact and can be, in reality, an inverse hs) are (1) height x 0.618 above 150.2 = 153.2/3 (two) height and 530 (height) above 150.2 = 155.3 (3) In expansion, height X 1.618 above 150.2 = 158.5 ish Either way it loses the chance to become a small 4th wave correction upon passing 151.3, although 151.6 has...

Plus it functions as a inverted hS. Or at least it is trying to.