USDJPY > Selling Dollars Is the New Game Now!!Analysis of #USDJPY
Hi traders, today we will have a look at #USDJPY
The USDJPY is unwinding the move up from this year and we can expect the DXY to continue down, the game now is selling dollars before others lol.
I am now looking for as well 137.00 because we have trend line resistance lining up with previous structure support no becomes resistant level and FIB 61 golden level.
I don't believe we could see this entry coming in because there is big money involved in this market and when they start dumping they don't stop or give you a chance to get in, but as you know we have NFP news today and anything can happen.
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Thanks for your continued support!
Harmonicforex
GBPZAR - Gartley Harmonic I dont believe in Bearish or Bullish Gartleys. Gartleys are interesting. My thought pattern. X to A pullback 0.618. 0.618 the "perfect" low before a swing up. Fib A to B near enough 0.786 and according to Gartley 0.888 high. Coincidentally has confluence with drawn TOP of ascending channel that can also be known as a "possible" and "probable" resistance. The pullback again Gartley level, would be an approximate to the decending channel (red) at 0.782. Interesting. : ) Be looking at a possible reversal at 0.382 approx 20.5 to break the pattern on the downtrend.
GBPUSD ShortTime Frame: 4H
Symbol: GBPUSD
Entry: 1.20288
TP: 1.18878
SL: 1.21392
Bias: Short
The current price patter of this instrument has a potential for a medium strength price drive as per our projected direction. We believe that the projections we have created here will be proven by the fast oscillations of price.
BAT 'Jones' ! Christmas giftUS30 /Dow Jones or as we call it today Bat'Jones ' :) has formed a beautiful bearish harmonic Bat pattern and started its downward journey from the final point 'D'. We have waited for a Short opportunity for sometime and finally the time has come. Bears can start selling targeting the demand zones shown on the chart. Looking at the Glob economy om a broader scale, this decline seems inevitable.
Make sure to take an advantage of this big short before Christmas!
Love, Lacasafxfamily
GBPUSD to be resisted at 1.2200 ??In view of the potential support of the Dollar Index at 105.00/50, this would be in line with the idea of going short on GBPUSD next week.
I would wait for a candle rejection a tthe 1.22 levels to go short on this pair.
Both the daily and weekly RSI at the overbought zones. Let's watch this trade together.






















