VICTORANDRESAMU
Short

Bearish based in Technical

FX:GBPJPY   British Pound/Japanese Yen
106 4 2
The GBP pairs still awaiting some Incoming releases,
that Numbers will provide some FUEL.

at this moment EMA 21 still as support,
and Daily SUport #1 will provide some demand area.

::Short trade::
KEY: 156.00$ Previous Low can be broked down
tp1: 153.00
tp2: 152             .50

My Humble and novice view is bearish based in technical analisys, and the possible formation of a BIG H&S pattern in 240 MIN chart
and in 1h chart another small H&S ( chart #2 )

The data releases will be worst than expected and provide that Bearish impact.
(chart#2 ) 45 min
snapshot
Reply
snapshot
60 MIN CHART can exposes a Falling Wedge, in a Weekly previous Session Lows Support Area.
The bearish hipotesys can be in standby till $158.00 Previous High will be re tested.
Reply
FRIDAY 13/05/2016
$GBPJPY still FIGHTING! the pair was in range all previous days of week, trading inside the $158.00(TP forecast to the Bull wedge Hit it and rejected by the Bears PRESSURE) and $156.50 aprox,$gbpjpy expose a very slow and bored but predecible movements inside this #RANGE Ending this week the MAJOR PAIRS ARE showing the True direction . and it look Bearish

Remember am just a novice, my charts ar not a EXACTLY FORECAST of the future market movements, just expose an Hypothesis and the possible scenarios to trade and were take future trades.
your comment, criticism, and colaboration are welcome, and if you make some profit feel free of share some donative with me, or a job oportunity.
Thanks for your attention,

_________________________________________________________________________________________________________________________________________________________________________
RISK WARNING ALERT
Identify the Risks
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.

__________________________________________________________________________________________________________________________________________________________________________
cheers, love and peace
Reply
VICTORANDRESAMU VICTORANDRESAMU
snapshot
$156.30 Key suppor by the moment
friday 13/05/2016 2:25am pre Euro Session.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out