Peter Kani - Buy the Dragon Now ! TP1 @ 143.71 TP2 @ 144.52 TP3 145.70 then 146.62 More to follow on the longer term, stay tuned!!
Peter Kani BUY @ 0.06709 SL @ 0.06676 TP1@ 06732 TP2 @ 06763 TP3 @ 06840
This instrument is looking very bearish and still remains in bearish territory, TP1 @ 141.15 - 140.90, TP2 @ 140.55 - 140.17, TP3 @ 138.20, won't be surprised is this is achieved rather quickly.
new entries on GBPJPY shorts @ current price 140.41, TP1 @140.20, if successful will look 136.12 as TP2, SL @140.62
sell @ 140.72 , TP @ 140.20 , TP2 @ 139.45 . Starting to look like the opportunity Bulls have been well deceived and defeated for now albeit the last batch of opportunity Bulls lurking around 140.14- 140.20 , Crucial/Critical line in the sand @ 140.90 as mentioned in the linked chart, needless to say, this remains intact unless 140.92 is taken out and...
Some Bullish sentiments getting sustained here so looking for 142.58 initially and 143.60.
In light no valid Bulls currently present in the markets on this pair, Shorts on the Dragon opened 141.27 (current price as i write). TP1 @ 140.25 , TP2 @ 140.07 . Stops above 142.10 . Basically this remains valid and would sell to around 138.52-138.40 until Bulls present themselves which should be expected in this area. On the longer term if Bear keep...
140.90 is in the mix, you know..lol!
updates will be in comments section
Assuming the opportunity Bulls are being gotten rid off, sell at 143.24 as I write, expecting 143.48 to be the high of the day to target - TP1 @ 142.90, TP2 @ 142.54, TP3 @ 142.18, TP4 @ 141.46 A break below 142.15, kinda gives this analysis some support. SL @ 143.65 Happy trading! Big thanks for you guys who followed me, well appreciated and comments are...
Sell at market or wait if conservative and watch for rejection around 145.80 to enter if seen, (if rejection was unsuccessful then this could also translate to cutting loses for current sellers). Ideally, Stops above 147 is prefered, take a 2nd Profit Target 143.8 if you like.
Bear goes to Market is just like a Dragon in a china shop...will obviously target the red horizontal set of lines on chart (144.35, 143.60, 142.55) and possibly down until around 141.23 - 140.90 . Bears will be more to happy to see price around 135.40 - 133.22 which is the likely eye candy but first must deceive and defeat any opportunity Bulls which are...
The two solid red lines are Target 1 @144.34 and Target 2@ 143.60.
Analysis and Targets on charts. Kindly note that my charts posted on weekends are always an "IF" charts with conditions, will update when the markets are open!
IMHO, this instrument is in a bear trend in the bigger picture and the shaded area on chart is a good contender for bear trend resumption. A potential Head & Shoulder is visible(more on the weekly chart) with the right shoulder currently in progress, at this point, i am actively seeking a possibility of a short to target 1188.80 as TP1 with stops above 1296. On...
Clean chart on the same idea posted before! will see..