Page 32 of 5037 FirstFirst ... 223031323334 ... LastLast
Results 311 to 320 of 368

Thread: Dragon Riders GBP/JPY

  1. #311
    Quote Originally Posted by ;
    heading down to 152.00
    This will be 3rd times price attempted to violate level 152.00 or more particular 152.17... Expecting before market close. . Bearish CS close below 151.96. .Then my next target is 149.44

  2. #312
    Quote Originally Posted by ;
    quote This will be 3rd times price tried to break level 152.00 or more specific 152.17... Expecting before market close. . Bearish CS close below 151.96. .Then my next goal is 149.44
    At 151.3/150.9 convergence of support. Split under there for 150.2/5 fundamental pivot area. Below 149.4 confirms down in change to 143.3. Bounce there could only retest 150.3 (by subsequently spelled tl 156.3/153.8. That would suggest a streak back under 135 and straight back to my least favourite place of 131.5. The central pivot area must hold to keep any chance of bullishness (if there's such a word), otherwise the whole 4th wave move ended at 156. Same is true for gbpusd, with a 38.5/50 movement from 170x finishing a corrective movement. Interesting times.

    Additionally, the 2013 consolidation (at the end, having been to 156.5, based a middle price of 151.3 and an ordinary top of 153.8. Although we have no idea where we're at in that event. At the last phase, it dropped to 150.4 before healing back to the mean.

  3. #313

  4. #314
    Quote Originally Posted by ;
    Guaranteed to strike 150.500 area
    I didn't think it would break out under 152.00 but apparently that's not the case. You are probably perfect.

  5. #315
    Quote Originally Posted by ;
    quote Daily bearish for two days now and fighting for a 3rd which is bouncing at support level. Bears winning so much but I see momentum. We ought to be able to see around 151.75 when it continues going lower
    As usual, GBPJPY has a higher volatility than many. Breaking way under 151.75

    I visit previous resistance turn support level approximately 150.4 to 150.7, curious to see what happens here, if we get a bounce on daily MA to retrace a bit or just push straight down

  6. #316
    I am selling this pair, testing my may, mortal kombat with my trading account


  7. #317
    And today Amounts are brought to you by the numbers 1 5 1 and Two

  8. #318
    It rebounded from 150.60 and I believe it can rally to 151.55 soon.

  9. #319
    Quote Originally Posted by ;
    quote As usual, GBPJPY has a higher volatility than most. Breaking way under 151.75 I see preceding resistance turn support amount around 150.4 to 150.7, curious to find out what happens here, if we get a bounce on daily MA to retrace a bit or simply push straight down
    We exploited 150.7 and obtained a small bounce here

    Daily PA bouncing off the MA, possible bullish return up to around 152.1 or more to 153.6

  10. #320
    151.5/6. Must transparent 151.7 ~9 to keep bullish. Entire previous down move mid point is circa 152.2, over which indies more up, although has to clear 153x. Failure around there could point to some longer term consolidation in this area such as similar or a triangle.

    BTW, I really don't know whether this loion is no more than a difficult to break place or whether it is a 'No-go zone.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners more information