This wave is definitely big... We broke two daily resistances... I've measured the first wave of the trend and put it on the retracement we had to see where prices are going. I think we are going to ~173.950 and then 50% retracement.

GBP/JPY

Personnaly, I only use technical analysis... Look at the natural gas for that.... I didn't show you this but I had a purple bar with this indicator. It means that we will have a huge break out. I think the range we have on H1 can be an accumulation ...

GBP/JPY

This could be the retracement we should look for...

GBP/JPY

We have just broken the 50% retracement of the Head and shoulders pattern and we are now testing this level. That was my first target for this trend. We will continue to go long. But now I'm waiting for a retracement and then maybe go back up for ...

GBP/JPY

True... We don't need a lot of fancy indicators to make money. Actually indicators are usuallytoo late and tells what the market is just doing but, this, we can see it by ourself. The only holy grail is in our mind... Charting is much better than ...

GBP/JPY

As expected, prices came back into the bullish flag. What we have to expect is a rectracement maybe on 23.6% and then go back up.

GBP/JPY

On daily chart we were to overbought in order to break the resistance. So we needed to do a retracement... Since 15th august we were in an uptrend on H1 chart. On uptrend, retracements are 50%. If you look at the daily chart, we have made this 50% ...

GBP/JPY

The structure has been broken but it seems that prices will go back in it... -_-'

GBP/JPY

Yes, I see a flag on the 1 hour chart. I will buy the 61.8 retracement. So, it seems to me that this range is an accumulation.

GBP/JPY

We are now in a range with lower highs and lower low. It seems that prices won't break the cloud on daily chart and maybe will go back down.

GBP/JPY

Hi Porfirio, 10.23 is not possible... There 's maybe a problem with your data provider. Please contact your broker, deltastock, and let me know. Can you imagine in one week a flash crash 172 to 10 ? I know that prices can change quickly, but not ...

GBP/JPY

We have a buying opportunity with this candle. Interesting multi-time frame analysis : - H1 : bounce on the cloud ; - H4 : bounce on the kijun line ; - D1 : we are near the cloud, a strong resistance ; - All timeframes : bounce on the overbought ...

GBP/JPY

I see another descending triangle.

GBP/JPY

The ouverbought trend line has been broken and now seems to be support.... It can be the end of the downtrend... Volumes push prices up now...

GBP/JPY

We broke the descending triangle. We had a huge accumulation at 171.620, it seems like the beginning of an up trend...

GBP/JPY

Hi guys, In my opinion we are actually distributing. I think we'll go down soon. I'm short at 172.198, target at 169.745.

GBP/JPY

You remember that ? Let see the daily chart now... Prices are touching the top of the cloud at 173.500. I think we will go back down soon. I'm waiting to touch the trend line/top of the cloud... The current 4h candle can be a test.

GBP/JPY

Yes, but not all the time... That's why we have to trade it on pull back.

GBP/JPY

The pair is oversold now. Prices can rise up to the top of the cloud and then go back down.

GBP/JPY

Prices are now on Senkou Span B on daily chart.

GBP/JPY