#GBPJPY 15min Long Possible Idea Long

British Pound/Japanese YenFXCM

Description

⋅ Mar 12, 2015 5:02 PM

@TradeYodha (TradeYodha.com)

#GBPJPY 15min Long Possible Idea

1. ABCD pattern completion
2. Fib extension
3. Daily Support Region
4. Fib Cluster

Update: It has shown various patterns on lower time frames to support the long position.

Comments

CryptoPAMM

⋅ Mar 17, 2015 11:55 PM

I though there was a support as well, but overall looks very bearish mid term tradingview.com/v/iV1s6U1s/

TradeYodha

⋅ Mar 18, 2015 7:02 AM

yeah true

CryptoPAMM

⋅ Mar 13, 2015 11:26 AM

My scenario looks very much down tradingview.com/v/tFA3Xamz/

TradeYodha

⋅ Mar 13, 2015 11:52 AM

Thanks for your valuable comments. Yes, the overall trend on higher time is down. My trade was short term bounce up from a level

TradeYodha

⋅ Mar 12, 2015 10:30 PM

Update: Possible Harmonic pattern will give us Target 1 with confluence with 200sma

TradeYodha

⋅ Mar 12, 2015 7:49 PM

Update:

Fist small pattern completed

stockmarketdaytrader

⋅ Mar 12, 2015 8:17 PM

Very nice play, way to go !!!!

TradeYodha

⋅ Mar 12, 2015 8:21 PM

Thanks Mate.

TradeYodha

⋅ Mar 12, 2015 7:33 PM

Update:

1. Various Patterns to achieve target 1 and 2
2. SMAs are in target areas
3. Bigger Cypher Pattern updated

TradeYodha

⋅ Mar 12, 2015 5:26 PM

Update: We have bullish divergence now