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The Dragon reached an important action point!

FX:GBPJPY   Pound British/Jepun Yen
Dilihat 897 kali
30
897 4
Today we are trading near the up-trendline. Swing-trade -lover could search for a strategical longposition at the present niveau

Former view: Is the dragon building a Top?
Komen: hmm..it smells bearish...
Komen: technical overview, adjusted resists and supports
Komen: yihaaaaaaaa
Komen: reached next Action point!
Komen: Attention pleasee! Below 135 i exspect the next downwave
Komen: aha
Komen: and the next downwave ahead again
Komen: so many resistances ahead
The Princes and the Dragon :)))
Balas
Hello MaryJane, Excellent charts, and i agree on your stance, long or short!
i've been long at the 129.5/130 level, looking at 147 as my overall longer term target, that said, short term i've just relooked at my chart and see a break of the upwards trendline since 16/8, this happening at the 136.4 level, from my trading experience this could go to 131.3 area, a push below the 134.8 area would confirm the short.
Regards
Balas
hello and thx dewpoint - i totally agree with your view !!
Balas
sorry for non-topic, i love your charts!!
what broker do you use on your daily trades?
+2 Balas
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