GJ — I think you may find the double top on GJ happens fairly quickly. When/if GU breaks above it top at 1.5929 it's all go. GU top of channel 1.612, whereas UJ is in a triangle of sorts (I suspect waiting to drop down to the 78.2 area).

GBP/JPY, GBP/USD, and EUR/USD (technical analysis)

Thank you. Anticipating break from top shortly, heading for current channel top at 1.61 ish. Then fall back to present level support.

Cable Update (GBPUSD)

Resistance at DP , but so far so good.

GBP/JPY, GBP/USD, and EUR/USD (technical analysis)

From that, I guess you didn't understand my post. I probably posted in the wrong thread.

Cable Update (GBPUSD)

cable daily/weekly/monthly chart — Rather than just post silly comments as per my previous post, I thought i would share a view that has been held for some time by myself and others (one of whom identified the pattern some months ago). For ...

Cable Update (GBPUSD)

"Will only come down" "No other way"

Cable Update (GBPUSD)

GJ — This uptrend is probably a wave B (part of wave 4), where wave A completed at 126.7. If it can break above the daily pivot area around 128.1, it may well make a double top (or close to).

GBP/JPY, GBP/USD, and EUR/USD (technical analysis)

I posted this scenario earlier in the GJ, GU and EU thread. image

Daily GBP/JPY analysis

IF it's going to remain bullish, this is my take on GJ. It's now approaching the 131 area, being the weekly 100 and the 61.8 of the prior downmove. With all TFs being stretched, there's not much doubt (in my mind) that GJ will see a retracement ...

GBP/JPY, GBP/USD, and EUR/USD (technical analysis)

You're not talking to yourself. Appreciate your input. Am heading out, but will post a couple of ideas after that. ps My chart close at 128.922

GBP/JPY, GBP/USD, and EUR/USD (technical analysis)

Agreed.

GBP/JPY, GBP/USD, and EUR/USD (technical analysis)

You may be right. The 61.8 retracement comes up at 131, which is also where the weekly 100 ema is sitting right now (although it seems to be turning up slightly). 131 is also at a TL that might be the one that held GJ back at 140. In my opinion, ...

GBP/JPY, GBP/USD, and EUR/USD (technical analysis)

It's topping out now.

USD/JPY Discussion

Another triangle — Looks like cable has decided to form a triangle pattern. Based on the current triangle height of 284 pips, a presumed break out to the north would meet exactly at top of the channel, being 1.61. Then a probable move back to ...

Cable Update (GBPUSD)

Sure, 159.4 ~ 159.6

Cable Update (GBPUSD)

My chart's the same as the one in front of you.

Cable Update (GBPUSD)

This one's just for Mike. Stand by for cable becoming bullish

Cable Update (GBPUSD)

No, it isn't. But if you use it (along with the 800 SMA) you'll see a lot of channels (resistance/Support) that would otherwise go unseen.

USD/JPY Discussion

Daily 400 SMA is sitting at channel top at 80.4 and daily is very overstretched

USD/JPY Discussion

Assuming 80.4 holds, I anticipate a retrace of about 50% of the whole move, before next up move into the mid 80's.

USD/JPY Discussion