GJ, this weekly push will tell us next stop for this pair
Long title I know...could not find better words lol.
So the main attention getter for this pair is that nice weekly pinbar and two nice rejections of gap "fillage". To confirm 618 retrace has failed although we made quite a bit of the hopefulness of it as it did bounce from it hard once. But alas, all good things must come to an end as I see this might be the last push before either consolidation or trend reversal. I will make a chart on that once I see it.
All of you that have followed my GJ pairs would have likely doubled or tripled, fuck it quadrupled your accounts by now. I did at least one of those :D lol. I have made over 6,000 pip on this pair alone on just ONE of my positions (0.01 lots short still open with 6,000+ pips in green, most I have ever had in my 1.5 years of trading).
So the main attention getter for this pair is that nice weekly pinbar and two nice rejections of gap "fillage". To confirm 618 retrace has failed although we made quite a bit of the hopefulness of it as it did bounce from it hard once. But alas, all good things must come to an end as I see this might be the last push before either consolidation or trend reversal. I will make a chart on that once I see it.
All of you that have followed my GJ pairs would have likely doubled or tripled, fuck it quadrupled your accounts by now. I did at least one of those :D lol. I have made over 6,000 pip on this pair alone on just ONE of my positions (0.01 lots short still open with 6,000+ pips in green, most I have ever had in my 1.5 years of trading).
Trade active:
Keep on pippin' :)
Comment:
forming wedge...watch for breakout.
Trade active:
Watch for 120, I believe that should be the bottom for this pair not because GBP will strengthen but because YEN will weaken.
I will update when I start adding for reversal positions.
I will update when I start adding for reversal positions.
