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gorillacharts gorillacharts GXG, D,
GXG: GXG Near-Term Bearish in Bullish Long-Term Context
3 0 2
GXG, D
GXG Near-Term Bearish in Bullish Long-Term Context

Deadly bearish gravestone doji on Friday, which also rejected the neckline to a potentially large and bullish inverse H&S pattern. Either way I stay cyclically bullish given my work on the weekly and monthly charts, as well as developments in EM in general. Short-term however, this one sees bearish follow-up on Friday's candle and could pull back towards $9 worst ...

AndrewFx2020 AndrewFx2020 GBPJPY, 240, Short ,
GBPJPY: GBPJPY - A Juicy Gravestone Doji formed [4HR]
240 4 1
GBPJPY, 240 Short
GBPJPY - A Juicy Gravestone Doji formed [4HR]

A very nice looking Gravestone Doji has formed on the 4-hour chart for GBP/JPY. A few points to note: A) Daily failed to close above 170.00 B) I expect an ABCD pattern to form. If correct, then the timing of this Gravestone Doji is perfect. The ABCD pattern may start its C/D leg at around the 167.00 level, of which is where the downtrend ended and a great buying ...

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