Gbp/yen speculate update
just my simple count,not much to say,the conclusion is, the rebound should end here.
perfect entry around 148.80---149.80....stop loss around 150.25zone
my target 1st=140.00 2nd=133.00 3rd=124--120 zone
p/s:This is crazy idea and please think carefully before u make a new position:)
gbp/usd update
same with gj.nothing to say..sell executed 1.6645 sl 1.6737 target 1st=1.60
2nd 1.50 and 3rd 1.40
this crazy idea for crazy people:)
p/s:dun leave ur money management rules and die
gbp/usd update mid asia session:
The cable chart above still in the downside channel,yesterday reach first focus level around 1.6270,currently bounce from the support region 1.6240--------1.6270,pullback should contain below 1.6470------1.6530 zone and bring another fall toward the gathering support (1.6250)with the blue label on the chart above.above 1.6530 will cancel this view.
update 1h chart gbp/yen:
while below 151.80 hold suggest short term top already in place around 153.25 and now focus to breakdown 147.00 support.Pullback may happen anytime and contain below 150.00 zone to resume the selling activity again,but if selling continue and sink deeper below 147.00 next downside target should be around 144.60.above 150.70 will cancel this scenario and focus back to the previous high around 153.25.
euro/usd daily chart update:
Last week strategy seems working,and temporary top possible in place around 1.5060,pullback may happen anytime and should contain below 1.4846---1.4920 zone.breakdown below 1.4680 is needed to accelerate momentum deeper to downside and 1.4460--14480 as a next target.
gbp/usd chart daily update:
bearish still in my view while the cable is below 1.6750,even currently sideway in the range,failure previous resistance around 1.6690 before bring the focus back toward 1.6270 where a breakdown that level is needed to establish the selling pressure toward 1.6080 as an immediate target.small pulback may happen and should contain below 1.6690.
update mid asia session:
gbp/yen complete 50% upward correction at 151.20 after fail 149.20.currently moving sideway in the tight range 150----150.70...breakout is needed to comfirm next action.i just put a small sell to focus 149.20 again where a true breakdown below that level should resume deeper to the downside and 147.80 as an immediate target.st0p loss should be around 151.80...
update daily chart :
Take a closer look at the cable chart above,while below 1.6750 its still perfect right shoulder in progress,breakdown below 1.5800 is needed to confirm this pattern,as a basic sell high and buy low,i see the great opportunity sell entry around 1.6670--------1.6750 zone..stop loss should be around 1.6850,first focus toward 1.5800 where a true breakdown below that level suggest top already in place and turn focus back deeper to the downside.
hello friend trader,sorry for the delay update lately,busy with my therapy program:)
ok let take a look on euro/usd chart above,although the rebound is very impulsive till today,im not believe the trend rise will strong further,it may collapse anytime if euro above 1.50.prefer selling as long as euro below 0.786% fibo around 1.5280.in the medium term target i would like to see euro around 1.4180------1.4200 as a first target..see you there:)
Currently stop update till after eidul fitri..thanx for stopping by.plan to trade and trade your plan.All the best:)
Gbp/usd update euro session: bias to the downside and below 6520 should confirm this action and bring focus back to the previous low around 1.6390 or lower,a true breakout above upper trendline(red) would dampen this view,please be careful and watch daily chart below.
Daily cable chart above still inside the rising channel.be curious 3black crows fight toward small morning star pattern,currently 50/50.i prefer away this pair and watch the breakout or failure depend on yesterday high low,its around 1.6660 and 1.6480 where a clear sustain between that price will bring clearer plan next.
Cable update london session:
As long as lower trendline (red) hold the price pulback still in progress.i have reach yesterday target around 50%=1.6550,today cable stop around 61.8% 1.6593 before sideway in upside correction.1more high expect around 1.6630 or higher at 1.6716 in condition lower red TL hold the price.will update later on midday us session
gbp yen update ending us session:
After a depth analysys,i see 2expanding triangle happen on gj,the first expanding breakout after failure around 61.8% price bounce and breakout the previous double top around 160.30.2nd expanding now bounce a bit after touch lower line pattern,so let see at asia or london open next,does gj can soar above 50%---61.8%(160.30---161.05 zone).The next price action depend with this rules,either sustain above 161,40 for higher price or failure that level(160.3---161.05) to smash gj to the deeper sea:D
verify action:possible higher above 161.05
:possible lower below 157.00
Be careful with usd/yen above,breakout 97.00 seems kill the seller.anyway i will wait the pulback toward 38.2 or 50% retracement to close my sell position.will update later ok
Same with gj above,breakout and new year high make me most careful,i will monitor closely and will update tomorrow ok.anyway focus the pulback first toward 38.2%,50% and 61.8% fibo level first next.
Does the rally on euro hesitate to continue?3shooting star before happen above 1.40 as euro try to pass 1.45 level,and last week euro create 1shooting again indicate the rally need a deeper correction or may create reversal,above 1.45 will cancell this plan.
Friday rally match 61.8%retracement on euro from 1.40------1.44++ range.next plan prefer sell high after pulback regarding shooting star reversal pattern on weekly chart.sell zone possible trigger from 38.2% to 61.8% fibo zone.ok we may review tomorow price action for any possiblelity.see you next..happy weekend:D
Nice shooting star pattern on cable weekly,1st sign reversal alert,be careful buyer,seller may rules the cable next:DCompare to 1h cable chart above,my plan next week to sell the cable when the pulback complete,i may start around 38.2% retracement ,50% and 61.8%.This option plan following shooting star on weekly chart,so be watching,1.6745---1.6870(seller zone after pulback),above 1.6900 may cancel this plan.i may update later when the best trigger comes next.stay tune ya.see you on monday.take care:D
cable update london session:
gu still indecision in the sideway range 1.6910-------1.7003 zone,only a true breakout above 1.7010 or true breakdown below 1.6910 sould give a clear direction for the cable.current situation seems momentum to upside is weak and need a retracement first,we need a breakdown below 1.6310 to trigger the selling pressure toward 1.6800-----1.6770 zone or lower.True breakout above 1.7015 would cancel this scenario