alex.a
Short

Very interesting area for GBPJPY ~

FX:GBPJPY   British Pound/Japanese Yen
64 12 3
Very interesting area for GBPJPY             ~

Related Ideas

Yahia.Awes
2 years ago
It broke your trendline.
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alex.a Yahia.Awes
2 years ago
but it is in the zone ~
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alex.a Yahia.Awes
2 years ago
still divergence ~
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alex.a
2 years ago
snapshot
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Yahia.Awes alex.a
2 years ago
I don't see the divergence, but I agree shorting it for retracement here.
snapshot
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alex.a Yahia.Awes
2 years ago
What I do believe is what I see at monthly. GBPJPY is in the zone and GBP is way hiked by election, as we all know. The election bubble must be quenched because it is not about financial data basis. That amount, I speculate GBP should be weaker ~ The Top of the zone has been drawn incorrectly but the bottom of the zone is drawn correctly around 180-ish ~ it will be flunctuated up and down up and down. The 2nd Last time about 2 years GBPJPY was in this zone. The first was 2008.
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alex.a
2 years ago
weekly divergence ~
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Yahia.Awes alex.a
2 years ago
I'm shorting because of this FXY made all time low and this smells like hike rate of the BOJ.
snapshot
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alex.a Yahia.Awes
2 years ago
Then why did you choose particularly GBPJPY?
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Yahia.Awes alex.a
2 years ago
Because GBPJPY rallied too much due to elections, I think this is not a valid reason for it. Also it made a double top.
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alex.a
2 years ago
Now it is below 189.7
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jangseohee
2 years ago
looking at previous neckline ^_^
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