ArielKorber

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Markets Allocation
80 % forex 20 % other
Top Mentioned Symbols
GBPJPY 40% | 2 EURJPY 20% | 1 AUDUSD 20% | 1 AUDCHF 20% | 1
ArielKorber ArielKorber GBPJPY, 15, Short ,
GBPJPY: Potential continuation move down setting up on GBP/JPY
21 1 1
GBPJPY, 15 Short
Potential continuation move down setting up on GBP/JPY

There is evidence of price rejection at 140.00, with recent bull candles failing to better the current session high or to breach the round number. After a strong down move yesterday and now a 61% retracement, we may be setting up the start of a continuation move to test yesterdays low at 139, as we head into the next session. Look for a break of the bull ...

ArielKorber ArielKorber GBPJPY, 15, Short ,
GBPJPY: Short positions building up at 140.00
15 0 3
GBPJPY, 15 Short
Short positions building up at 140.00

After a strong move down yesterday there has been cautious retrace back to the 140.00 level. There is evidence of selling pressure building up below this level with some lower lows forming below the Tokyo Session high, suggesting a potential continuation of the downmove brewing as we enter the next session.

ArielKorber ArielKorber AUDCHF, D,
AUDCHF: AUDCHF DECISION POINT
45 0 0
AUDCHF, D
AUDCHF DECISION POINT

Long term Downtrend

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