cinthiamfx
Long

Resons to long GBPJPY

FX:GBPJPY   British Pound / Japanese Yen
1020 34 20
Ok, this is my first post so, I hope I'm right on this hahaha
here are the reasons as you can see on the chart:

1) Shark Bullish Pattern
2) Double Bottoms
3) CCI Divergence
4) It's really oversold
5)i It hit the tip of the last of Arnaud Legoux bands

ps: because it 's on a downtrend, it's a risky one!

indicators: Shark pattern, RSI , Woodie's CCI and Arnaud Legoux Moving Average Bands MTF V3

Comment: TP1: 155.85
TP2: 157.30
Trade closed: stop reached: Well, I tried! hahaha
I hope I get the next one right! :D
No PM beautiful
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I like how you are combining different methods. Not a fan of harmonics but Woodies is interesting, as is Legoux MA. One thing is that you didn't have a good signal bar.
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cinthiamfx thejohn74
fair point well made! :)
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I had the exact same set, too bad it fell through, could have been a lot of pips. win some, lose some, live to trade another day. nice set up
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cinthiamfx BryanZin
yes, it would have been grea, but yen is killing it!! won't touch yen pairs for a while, till yen calm down! :p
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thanks give us hope
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lol we will get there eventually! :)
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nice try. haha
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haahaha with the best intentions
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j_amui cinthiamfx
yeah, I am encouraged. Keep it coming. It will get through one of these days. I am also learning. and people like you encourage me
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