I really think very similar to you.. Thank you @TheZabisyu
dknau
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thx sir for the analysis
Fib_Predictor
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Funny thing.. 3 days ago a broker has reached me via whatsapp. He told me to sell UJ without an SL, when it was around 111.850. I checked the chart and told him that if I were him I wouldn't sell UJ because it was heading to 112.850 unless it broke 111.600 downwards. Anyway it seems that he has broken up with me :( lol.. I see 112.850 for a short term TG and a resistance level. On the other hand, downwards I see 109.750 as a mid-term TG. Let's see how it'll pay off.
TheZabisyu
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@CagatayCetin, Hey man thanks for the input. I look at this more bcoz it's influenced by Gold. If Gold is correcting before more move down, then this pattern on UJ could play out very well!
Cheers brah!
Fib_Predictor
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@TheZabisyu, It is always fun and exciting to watch a few charts at the same time and seeing the correlation amongst all of them, the harmony, ratios, and market reactions like domino tiles. Cheers bro.
TheZabisyu
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@CagatayCetin, Yeah man since USDJEN is the most inversed pair to Gold.
Fib_Predictor
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@TheZabisyu, and when they both move in the same direction... oh the horror of the unknown.. lol
TheZabisyu
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@CagatayCetin, 90% can't go wrong on this if you trade it inversed to what GOLD does :D Sometimes it won't happen, but still.. ;)
Fib_Predictor
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@CagatayCetin, Reaching 109.750... It would also mean a double top of EURUSD which absolutely makes sense. That's why it is scary to rely on, lol.