I will being. . .analyzing the market near european market time...
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can u pls post ur fib so I can load my plathform.pls and kindly give the Sign u see NowOriginally Posted by ;
I utilize metatrader...I use gft. . .but I will attempt to create one and post it up...Originally Posted by ;
That is exactly what I see in the GBP/JPY....as you'll be able to see price is hitting on a 61.8 in the past major fibb. . .orange. . .also price is crasing contrary to 256 ema and lastly the opinion in the industry at this time is much more bullist because we're above the river
I'd wait for price to go below the cirle in order to enter short...I would arrive in short then since the market would be proving to me that it saw immunity on ema. . .and if price goes there we would be below bearish opinion once again because we would be below the river again...
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Does that mean all the way down, when you state, under the circle to go short for GBP/JPD? That's a long way to go, or am I misunderstanding this?
This is the chart as we can view price should go up since the over all trend is bullish. .
It's possible to enter this trade long but could be carefull with red fibbs. . .look outside for price action or place limitation there...
but overall I expect price to brake those red fibb and keep on going upward...
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