dojitrader
Short

4th Time Charmer ????

FX:GBPJPY   British Pound / Japanese Yen
293 1 6
Can't say I've ever seen a pattern quite like this.
The only thing for sure is it looks very corrective and
overlapping - not impulsive.
So, thinking the downside trend will resume at some point.
Maybe at a Butterfly and another 1.272 extension and measured moves
plus, it's showing 7 swings for a possible double 3 in EW ?
All within parallel channel lines . . . (will it hit the top again?)
Well, I'm thinking this needs tight stops that only the candletitcks
can provide, though, might have to reenter for it could be a BIG trade.
The daily chart points to 1000 or more pips ?
Uh Oh ~~~~~ my mouth is watering and that is never a good sign.
what i see iare these charts:

Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out