FX_IDC:GBPJPY   POUND STERLING / YEN
146 10 10
DOUBLE TOP WITH NECKLINE BROKEN.
CURRENTLY @ 61.8%.
2618 SETUP.
RISKY THOUGH AS GBP IS BEING PUSHED UP FIERCELY.
BUT I HAVE FAITH IN 2618.

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H4
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Andyle
a year ago
Hit my sell limit @195 :) Hope 2618 works
+1 Reply
Dinkan Andyle
a year ago
This chart is very interesting. However, I placed a buy limit there. Let us see what will happen. I will update the progress accordingly!
+2 Reply
PriceActionTrading Dinkan
a year ago
Good luck mate. Yea trend is still bullish, this is counter trend.
+1 Reply
Dinkan PriceActionTrading
a year ago
My prediction is it can go around 202.900 ! see Monthly chart! thank you
Reply
PriceActionTrading Dinkan
a year ago
I see you bought off the daily. Thats solid decision. But i have contrarian view. Wish you luck, and i wish myself luck too.
+1 Reply
LAST UPDATE : PROFIT HIT @ 192.5, FULL POSITION CLOSED.
+1 Reply
Good, might be a buy soon.
+1 Reply
PriceActionTrading IvanLabrie
a year ago
You are certainly right mate, but its my rules to stay out of pairs with such gaps (unless analysis is really assuring). Just my opinion, kinda old-fashioned and fearful but its working out for me. You be good in your trades mate.
+1 Reply
IvanLabrie PRO PriceActionTrading
a year ago
Well, gaps normally happen when the market is 100% one sided.
I want to buy that.
We will see a rally and a new top from this area, just watch for a clear entry.
Reply
PriceActionTrading IvanLabrie
a year ago
Yes mate, i will also wait for the NY market to take effect and see what/how closes end of tonight's session, before making any trading decisions.
Reply
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