Dragon Riders GBP/JPY - Page 17
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Thread: Dragon Riders GBP/JPY

  1. #161
    The pair is still bearish today, I think it is still too early to get a long but it may be too late for a short.

  2. #162
    It analyzed the low at 148.90 for another time so it can be forming a double bottom, which mean that we need to anticipate a correction soon.

  3. #163
    Quote Originally Posted by ;
    It tested the non at 148.90 for a second time so that it can be forming a double bottom, which mean that we should expect a correction soon.
    I Agree. But who much correction is a significant question.

  4. #164
    Quote Originally Posted by ;
    quote I Agree. But who much correction is an important question.
    It was be a false sign, the depreciation continues. I think it may break out below 148.00.

  5. #165
    Ultimately it rebounded from 147.91. Certainly a correction has begun, I believe next goal will be at 150.00 - 150.60.

  6. #166
    Month and weekly wants down but Daily shows bullish doji which appears pretty good. May want to try a short term correction run to 151 before side that is down. Let's see

  7. #167
    Subscribed with lots to learn. Thanks.
    Was trading which fine pullback at GBPJPY, but chickened out (too soon).

  8. #168
    The pullback was temporary. The pair is rangebound at the moment and I believe it may continue depreciating.

  9. #169
    Building up energy (same spot for nearly an hour) to leap into R2: 150,44???? ?

  10. #170
    1st target 149,66 which 61,8% fib retracement??

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