The flag is broken and there is a potential 200 pips to get at this trade. I've set my SL at 1.14473
In the FX:GBPJPY we are very close to the trendline, and divergence in the MacD is also indicating an up move, shortly. I will start looking for a good entry at this point.
If it breaks we could see the price go down to 1.29400
Very good trade opportunity if we break the flag. MacD and RSI have divergence so I will observe this closely up until the Non farm numbers.
The non farm numbers are coming out. I think these can break the trend and we will have a good trade to the downside. The RSI and MacD are showing good divergences, supporting this.
If the flag is formed, I'm looking for further upside.
I am currently looking at a good entry point for a long position
We have gone up. Now theres a flag under the trendline, which indicates that we will get a move to the downside.
A nice flag is forming. I expect one more down to 1214
The medias are talking about a bear market and oil is going to down to $40 per barrel. I think we are already at a turning point.
FX:GBPUSD will move sideways for a while. Look for a good short setup because it will go lower.
Currently we are consolidating. I expect a small move up before we will go lower
FX_IDC:AUDJPY is currently in a shorter down trend before moving up.
Good time to enter a long term trade on GBPJPY Target 147.900