My view would changed if the up move to 146.55 was impulsive and took out the high. . . The fact that it didn't and it stopped on the descending UTL with a lower high tells me that it was correctional. Also, the fact that ewe had 5 waves dn telles ...

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

Take a look at the move from 146.90 dn to 143.70 (4hr chart) on that BS move last night. . . a clear 5 waves. . . Then look at the move back up to 146.55 it a clear correction 3 waves. . . and it hit the UTL to the pip. . . No we just had wave 1 ...

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

Not this time bro. . . the up move was an ABC correction to the 5 waves dn. . . . now you will see this pair drop in 5 waves and we may see 135/137 area easily. . . But trade your chart just giving you my view. . . this wave cycle won't be supported ...

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

I will post a chart over the weekend right now I'm concentrating on my trades atm. . .

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

wave 1 of 5 complete now back up for wave 2 and then watch out for wave 3 it will be a knee jerker. . .

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

Look out below. . .

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

ABC correction over now we should see 5 waves lower - 142 or lower is the target. . .

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

gotta see the move before it happens . . . . or at least try! happy pip'n

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

Trade yr charts bro. . . price could do anything at this point but short-term I'm seeing that price has created a base at 1.6215 area and we have close above the low for the past 4 days. . . so either we try above the UTL to determine where ...

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

We are really suggesting selling UCAD rallies and buying the dollar weakness in EU and GU. . . That would take care of that. . . In other words we are seeing an upside in both EU and GU for now. . . As for GJ it will be trapped in the middle of ...

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

It'll get there just have to stay patient with it but I see it as a gd short opportunity up there for a touch of 135/137. . .

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

Agreed. . . 1.48 is a gd target to build shorts on EU. . . but be flexible when you do leave a little wiggle room. . .

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

EU = a daily close below 1.4625 is needed to see a drop to 1.4415 then 1.4145 otherwise we could continue to consolidation between here and 1.4710/88 area. . . UCAD. . . . well u know my thoughts on that sell any and every rally on it GJ. . . I see ...

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

That will be a gd buy. . . should be seeing 91.50/92.50 shortly. . . my target is 95 as we discussed couple weeks back!

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

zup bro? I'm gd how are u my friend?

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

Xmas rally coming this week. . . Then gj will be a gd sell form there. . . 146.80-147.90 area should top the move up. . . but buying dips above 142 should be a gd trade for the move up. . .

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

there is already a buy signal with 1st target at 145.26 if taken 146.20/50 will be the next hurdle. . . Price has already tested the dn side and was unable to break now we go up to test 1hr gann at 143.80 area and if breached then 144.80/145.25 is ...

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