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-Andrew-
30 Th09 2016 06:09

GBPJPY - An Idea where to Long using Fibs  Giá lên

British Pound/Japanese YenFXCM

Mô tả

Shorted this pair below 132.400

Another short term sell setup if it breaks the trendline.

I would rather long this pair at the 1.618 Fib extension.

Apply money management

Good luck

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Nice rejection

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MANOLIS
Nice Andrew :))
-Andrew-
Thank you sir
preetianvekar.jai
Hi Andrew
I see it's forming a bat structure .. Any chance for bullish movement. ??
-Andrew-
Intermediate resistance at 131.230, break above and with clear bullish PA then Bat pattern is confirmed. But would rather long this at the lower end of the range if it gets there.
Thanks

preetianvekar.jai
IMO it's already in the lowest rate I feel it won't go down again .. What's ur opinion???
preetianvekar.jai
What should be the long target? In your opinion
-Andrew-
Long target indicated on the chart - GJ is still very bearish for me atm
-Andrew-
You never know - I just look at price action and strong levels.
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