@DatTong - Thanks Dat, that was my analysis as well on the H4, but VAT 69 hand an idea of GBPJPY on the Daily as going up? and I could not see why, so I thought I had missed something when studying the chart. Thanks again, I'll go check VAT69 ideas and see what he has posted.
sett0
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@MAS-Trading, Don't take the long position before you see reversal signals. It is still in the downtrend. This is a mistake which I make too often...
MAS-Trading
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@DatTong - Your welcome Dat, hope you understood how to use the link I sent.
@sett0, Thanks sett, I was confused by the post by VAT69 as it cuaght my interest, and wasn't sure on what he meant by it. But with help, I am waiting and watching the pair, I don't know if you saw my reply to VAT69 asking him why he thought it was going up? As my own TA shows this (15min returning to a down trend from a pullack? With the 1-hour in a small consolidation period (With a current Bear Candle) the 1-hour also appears to be returning to a down trend? There appears to be support at (145.266). When I look at the 4-Hour it shows the same support area with a demand zone below that at (144.807)).
After receiving a reply from VAT69 and seeing his Harmonic Pattern it caught my interest as it is near the Support area's which show on both the 1-Hour and 4-Hour time frames at (145.266) and a Demand Zone at (144.807), Something to keep and eye on I guess. If it turns I will have to thank VAT69 for the Harmonic Pattern which would confirm my Support area at (145.266) and my Demand Zone at (144.807).