GCGoldenCircle

Top set it thrice, next year decides trend

Kort
GCGoldenCircle Uppdaterad   
FX:GBPJPY   Brittiska pund/Japanska yen
Are bears counting on October highs 171_300 resistance

166.4 will open 165/164/163 break below 150 is needed to continue to 140/139

I feel like bears have to regain the whole 166/163 if not bulls will look to rebound price up.
There seems to be a bullish breakout. Bears need to stay within the trendline zone or it can continue higher

Resistance 172.4 last hope for bears
Entry 169/168
Target 1659/165
Target two of enter 159.9/155/120

Weekly seems bearish as long as nothing changes. Rsi is overbought and major trend is downwards MN

Short term sellers kicked out n bulls are more than sellers so I'd favour a sell. This pair hasn't recovered to 139 as it suppose to due to intervention or other bullish news for gbp & bad news for Jpy.

All jpys are looking to look attractive again.they will look to do something in this two years a high price doesn't have a good outcome on tourism, which is what brings a good percentage whether it's being in the countryside or doing business from it.

I expected from October to next year same time it would've been hella bearish n bears claim top habitat.
Kommentera:
Tp two smashed move SL 30pips below entry or take second profit 165.5
Kommentera:
,650-700 pips running wonderful gain
Handel aktiv:
160.688 entry with 162

To 150/148.4
Trade stängt manuellt:
We closed second idea in profits and bought up again we looking to seek one more time for an ABC correction to 153/148.4 Initially we targeting 147.79
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