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theoris

GBPJPY scenario analysis

British Pound / Japanese Yen (FX:GBPJPY)  
theoris Updated   
FX:GBPJPY   British Pound / Japanese Yen
Chart Patterns Trend Analysis Beyond Technical Analysis GBPJPY forcasting LONG short dailyanalysis educational
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chartpattern trendanalysis beyondta gbpjpy forcasting long short dailyanalysis educational
Case A.
run in 12 bars 18d to 152.38 area

Case B.
run in 29 bars 41 d to 151.47 area

Case C.
Drop and can break 147.29 area will meet again 142.81 area

I would like to see Case B.
Let's see which case it can happens

^^
Comment:
look like GJ try to drop to my red line support around 146.99 - 147.2
may check it can stoparound this or break down to Case C
Now I follow sell
Comment:
GJ can break low and heading up to Case A. or B.
Comment:
Nearly to touch 146.9 and it formation double bottom on yesterday
heading to plan A , B
Comment:
many friend text to my inbox ask about GJ why not update or shrt term trade idea.
because It still in this plan .
as i told on May 5 ,2018 it will be go like Case B
so only keep it until more than 150 and decision to take partial profit and let it run as plan.
snapshot
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