The Dragon reached an important action point!

FX:GBPJPY   British Pound / Japanese Yen
896 4 30
Today we are trading near the up-trendline. Swing-trade -lover could search for a strategical longposition at the present niveau

Former view: Is the dragon building a Top?
Comment: smells bearish...
Comment: technical overview, adjusted resists and supports
Comment: yihaaaaaaaa
Comment: reached next Action point!
Comment: Attention pleasee! Below 135 i exspect the next downwave
Comment: aha
Comment: and the next downwave ahead again
Comment: so many resistances ahead
The Princes and the Dragon :)))
Hello MaryJane, Excellent charts, and i agree on your stance, long or short!
i've been long at the 129.5/130 level, looking at 147 as my overall longer term target, that said, short term i've just relooked at my chart and see a break of the upwards trendline since 16/8, this happening at the 136.4 level, from my trading experience this could go to 131.3 area, a push below the 134.8 area would confirm the short.
hello and thx dewpoint - i totally agree with your view !!
sorry for non-topic, i love your charts!!
what broker do you use on your daily trades?
+2 Reply
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