145.50 will become resistance soon enough. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

Reliable. . . Guess we will see how reliable it is shortly. . . The daily chart is "screaming" much much lower. . . but heh trade yr chart and what u see The fact that we have had days of consolidation and we broke ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

= No stop loss. . . Just like that guy who's buying at 146.10. . . I'll join you in yr buying but just a bit lower. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

Very possible. . . Here is a possibility as well. . . down in that area is weekly and monthly support. . . "Think We Might Test It?????"

Auslanco - GBP/JPY and GBP/USD (newstrade)

or daily gann for that matter. . . anyway point well taken. . . 147.20 now resistance bro. . . and a daily close below 146.20/30 then it will becomes resistance as well. . . break of 145.40/50 and we see a clear path to 142.70/50. . . with ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I don't see any higher than daily 55 ema. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

Take a look at weekly and monthly confluence. . . 144/143.50 It will be tested with a possible spike below to take out weak longs in the 142/142.50 area. . . But I guess we will see how it plays soon enough. . . seems quite clear

Auslanco - GBP/JPY and GBP/USD (newstrade)

GJ's chart looks quite clear to me. . . We will see a test of weekly gann sooner rather than later as stated earlier this week. . . The daily bearish chart has been activated and further down side will be seen into next week. I see a test of 143.50 ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Anyone else still don't believe the daily "DIVERGENCE" Been saying it for over a week now that we will see a 400-500 pip move sooner than later. .. Target is weekly gann should bounce from there maybe if not a test of 142 should be a ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I like 8, 13 and 34. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

Sometimes I stack several gann with certain fibonacci numbers on different TFs - yes. . . A good method Orion shared with me a year ago.

Auslanco - GBP/JPY and GBP/USD (newstrade)

Good question - personal preference. . . Gives me a better fit between price support and resistance. . . or demand and supply! Edited: It's not fib numbers it's fibonacci sequence numbers. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

Looks like GJ is doing exactly what's expected. . . Upside on 4hr chart playing out or shall I say played out as expected and now things are aligning themselves for a nice move lower. . . We'll see how things play out when we hit 146.30 area 1st - ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Ukdaytrader. . . I base my gann setting off of fibonacci numbers - 5, 8, 13, 21, 34, etc. . . That's why the difference. . . Should have stated that in the post. . . good catch!

Auslanco - GBP/JPY and GBP/USD (newstrade)

No - if you use gann 10 then yr chart is correct. . . I set my gann a bit more agressive which gives me a heads-up and better warning sign so your gann probably still sits below the candle. . . Thank you for pointing that out to the thread!

Auslanco - GBP/JPY and GBP/USD (newstrade)

Well if I had to guess "and this is pure speculation" considering that it looks to take 11 bars to complete an up cycle and approx the same to complete a dn cycle on the 4hr macd. . . We are about one or two 4hr bars from crossing the zero line up ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm here bro. . . whatz-up?

Auslanco - GBP/JPY and GBP/USD (newstrade)

4hr chart playing out nicely. . .

Auslanco - GBP/JPY and GBP/USD (newstrade)

Daily 5 sma is a good target to gage however don't rule out the weekly. 1.4280/1.43 looks like very gd support for now. . . So at best I see ranging for now on that pair. . . 1.4300 - 1.46 with a potential break upwards based on weekly chart. . . ...

Auslanco - GBP/JPY and GBP/USD (newstrade)