15:20GMT Based on current Lows a GBPJPY reversal must hit 145.50s
11:40GMT Takecare when you start booking LONGs on GBPs - Dubai story is still doing rounds. A run into 1.6230s is a possibility if any of the big players decided to play.
08:00GMT BUY GBPJPY for 24hr levels and do 120 pips
07:40GMT The GBPUSD & EURGBP plans mentioned today morning is almost completed first stage; can we see next stage [*****] When GBPUSD raises EURGBP may start a new trend instead of D2
06:20GMT GBPUSD will test new lows again before any small reversals.
05:40GMT GBPJPY reverse has landed at 88.6% it will try a small hunt UP in 2 hrs now145.95 target 146.45-55[**]
05:10GMT USDJPY plan Two plans "fur" all JPYs one UP trend & another DOWN trend - unpredictable at this moment with this velocity :D
03:30GMT EURGBP plan At this moment it looks an UP trend for pattern completion. Before you ask about how GBPUSD & EURGBP take UP trend togather - I think there will be a delay in one pair. Time factor is unknown at this moment. My expectation is in next 3-4 sessions EURGBP should reach D1 and GBPUSD must reach point C.
02:40GMT GBPUSD plan as mentioned yesterday - 4 hrs chart shows a new pattern emerging:
Final D1 & D2 completion points are two different patterns results.
00:00GMT Today I'll update weekly outlook and as requested here is the patterns with fibonacci training video available online ( I don't use these providers but follows my own calculations).
where do you see a good entry point to buy cable? Thanks for yesterday as said will update you on my pips 259 which was a great day.
ReplyDeleteexcellent 259 a day is really great; I'll say the pattern C point is complete but there may be BUY stop hunt to 6280s and I'll say that will be the best point for BUYs. Just a probability but u can always buy at 6320s i.e now
ReplyDeleteLooking at your 8hr envelope set up on cable. Would I be reading it right with a larger gap froming at the top of the channels with 8hr rsi at 21 4hr at 25 and 1hr at 32 would this be indication or a reversal ?? Trying to understand your setup.
ReplyDeleteYes but 8 hrs will be for 15-30 days reversal it takes 2-3 days to bottom-out but 4 hrs 25 is good as it shows we are closing in on bottom (sometimes double bottom :D) and 1 hour is dangerous wait for it to reach below 25 or check if it has already done so. If all are green signal then perfect and take a big lot for 200-300 pips profit say 100 lots and you can earn $20,000 in one go :b yam
ReplyDeleteso on gj at the moment your comfident going long with RSI 8hr 19 4hr 9 and 1hr 21.
ReplyDeleteI'm long with multiple trades - mostly 24 hrs level and below. looking for 100 pips UP. It will take time.
ReplyDelete