FX:GBPJPY   British Pound/Japanese Yen
449 40 11
UPDATE:
D1 FAKEY OF INSIDE BAR FORMED.
DOWNSIDE BREAK OF THE MOTHER BAR AND SUPPORT LINE WILL ESCALATE FALL. I HAVE ALREADY SHORTED. WOULD VERY MUCH LIKE TO SEE THE SUPPORT AND MOTHER BAR'S DOWNSIDE BREAKOUT.
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QUICK GET IN GET OUT TRADE.
SHORT NOW TO TRENDLINE .
FLAG PATTERN . "SMALL SOLDIERS STEPS BEFORE A WAR" AS I WOULD CALL IT.
SL ABOVE 188.7. IF PRICE MOVES ABOVE THAT LEVEL THIS IDEA IS INVALIDATED AND THIS IS NOT A FLAG PATTERN ANYMORE.
HOWEVER AS OF NOW THIS IS PROBABLY THE CUTEST AND SLOWLY MOVING FLAG PATTERN I HAVE SEEN.
WORTH TRADING. IM IN.
UPDATE :
trendline broken.
closed half with 150 pips and SL @ BE.
looking to see how it would react at retest site.
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Yahia.Awes PriceActionTrading
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Yahia.Awes Yahia.Awes
Rounding top :D
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UPDATE AGAIN.
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UPDATE:
D1 INSIDE BAR FAKEY. STRENGTHENED MY SHORT BIAS.
BREAK OF MOTHER BAR AND SUPPORT LINE WILL ESCALATE FALL.
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+2 Reply
So yea. Just an update H4.
H4
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+1 Reply
IvanLabrie PRO PriceActionTrading
Yen pairs aren't doing anything...I got out of cadjpy out of boredom, and not feeling like keeping exposure there.
Kuroda's speech did nothing.
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Yes me too. i got out of cadjpy too. Hoping this might give me the break i needed
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Yahia.Awes PriceActionTrading
We have a shooting star with overbought RSI, might plunge just a ticking timebomb.
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Anyway not here to offend ppl, good luck anyone, to me it is clear it will plunge. Just a timing issue only.
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