Thread: Dragon Riders GBP/JPY

149.9. Possibly the difference between a continuation towards 151 or a change (at least a drop)

Looks bearish, can't get over 150

I believe it may go to 149

Originally Posted by ;

looks bearish, can't get over 150 I think it might Visit 149

Agreed

Lots of room to go higher...

Originally Posted by ;

Lots of room to go higher....

Forexallien I see that you joinedforexintuitivein 2012 congrats that is about 5 Decades of trading experience just here in ff

Originally Posted by ;

Lots of space to go higher....

Yeah, i agree with you. From the chart below, extreme trader has much space before it enters buy and fashion wave has much space before it strikes the upper line....This has room to internet 600pips from this point.

Originally Posted by ;

149.9. Probably the difference between a continuation towards 151 or a change (at the very least a drop)

Sorry about that. 149.95 was really at resistance, however, as always, GJ only has to run into the 76.4 retracement. It's what it does. But, for a while, I thought it could have got to 150.2. It has not died totally yet, so I suppose there is always a chance. Under about 149.25 and in any case 149 it's likely dead meat.

GJ

Originally Posted by ;

quote broke the previous high. Towards 150.000

150.10 was as large as it went, I believe it is now depreciating to 148.50.

I believe it will hit 150.50 and have a bit of a dive. This is my humble view. Knowing my luck going to do the haha.