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Thread: Dragon Riders GBP/JPY

  1. #261
    Quote Originally Posted by ;
    Just an interesting observation: Yesterday's daily pivots were exactly, but exactly (per pip), the same as the daily pivots. Never come across that before?
    Only means it stood @ went nowhere. Like holding down a rocket on the pad. Anticipate a retest around 151.1/two before higher

  2. #262
    I believe it might reach 152.00 before it begins a correction.

  3. #263
    It looks like she wants to split. The longer its hold down in my opinion the rip up will probably be stronger.

  4. #264
    Quote Originally Posted by ;
    Hi, new to FF. I exchange GBPJPY . Looking at the daily. A lot of ppl still bullish in the current trend. Understandable because its current and easy to see. I believe its going back towards 145.5 soon though. Market volitility will create a lot of need for the Yen. Therefore it won't take much UK negative news for the.
    Im with you at gj short side too.

  5. #265
    I am sitting here waiting for even lower or 148.


  6. #266
    Quote Originally Posted by ;
    I am sitting here awaiting 148 or lower.
    Wouldnt that be nice !

  7. #267
    Quote Originally Posted by ;
    I am sitting here awaiting 148 or reduced.
    you're not alone.

  8. #268
    I am able to see a pullback to 151.50 and continuation heading up. However im frequently wrong hahaha

  9. #269


    Can only draw elipses. Cup/handle structure. Handle retraced 38%. Currently at 50 percent the cup up formation. Blue line is up followed by any split. Failure means cup. Split should finally retest falling line following increasing to about 158.5 or so. Upside target is thickness of cup, referenced at closing retest, break applied from that point. Initial target 175/178 place before finally over 196

  10. #270
    Hi all, new to FF. I exchange GBPJPY .

    Taking a Look at the daily. A lot of ppl still bullish from the current trend. Understandable because its current and easy to see. I believe its going back towards 145.5 shortly though. Market volitility will produce a lot of need. Therefore it won't take much UK negative news for the.

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