GBPJPY: Could it be possible?

12 avr. 2017

We know that major conflicts are coming to the world, add to this a losing strength from DXY probably making most JPY pairs do what they want. At this point I don't know if it going long or now but we are really in a critical support zone coming from months ago.

Please add your thoughts.

This is not a trade.

12 avr. 2017

Note

In addition, my yellow zone was reached to the critical zone, we must be patient since our major trend is bearish, so, we need to follow the trend.

My blue arrow is not a target or sense to change, I'm expecting at least a change to my other top yellow box.

13 avr. 2017

Note

It finally came to my red zone, a super critical zone. I expect it to keep going down prior performing a huge trend move.

News are crazy

14 avr. 2017

Note

Price reached by red box, I did however try to predict a move to the upside, indeed it did moved to a small correction but price have to respect the trend, as you may now see price broke our support from feb and we are not in a critical situation expecting the price either to continue down or change to the bullish way