I can see a retest of 149.50 and maybe lower after Geppy satisfies the consolidation. I will look to buy her there.

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

oops, i was looking at Cable when I posted that. The cable has the bullish engulfing candle. The geppy daily was an inside bar.

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

Today's candle is following a bullish engulfing candle on the daily chart. I am looking to sell geppy around 153/154.

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

I am scalping the ranges until breakout.

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

The brokers and the big boys want you get short here so they can collect your stop losses.

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

Smart money will be buying dips on this consolidation.

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

The timing is not right for the fall to 2 digits yet. There is too much money on the sidelines. Goldman Sachs and the other big boys just drove the market down to buy it cheap. They will entice money into market then crash it later. We are seeing a ...

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

hello PK, long time no see.

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

yeah, looks like it.

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

I am living my dream now. Thanks for asking. Fishing a lot and studying charts.

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

I added a fib of todays move. See the downside targets? See the ranges?

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

See the downside targets on the reload for Cable?

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

The new daily candle moms are telling us that she will go south in the next 24 hours to reload.

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

I analyze around 20 different charts of currency pairs or so at the same time on 3 pc's, to understand the bigger picture.

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

Thanks, I am usually in tune with Queece5. He gets it.

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

Cable is rolling over to reload.

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

You will get a drawdown from your long entry. See the buying area on my chart.

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

The hourly chart is giving us the upside targets in the form of sma resistance. She may need a reload before breaking up to satisfy the correction/consolidation.

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

The weekly trend is clear. The brown 55 sma is the top of the range, and the green 22 sma is the bottom, until a breakout occurs with a weekly close.

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

I am considering the downmove from from 215 as wave #3 to simplify things. Wave #4 up is from 118.80 to the 50 fib area somewhere yet to be determined.

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