Personally, I would have wait a retracement around 236.30 before shorting But i'm new so it's maybe not a good advice

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

It keeps bouncing off the 50 fibo (daily chart) , i guess it will probably go down if it closed below it I won't play with this pair today i think , at least i won't go long

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

And here comes the bouncing as well

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

Looks like we'll have to wait until Asian open to get some action

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

Why do you say 'again' ? my chart doesn't show me this enlighten me please thk

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

It looks like it just retraced to fibo 50 , now it's time to go down

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

5mn td line broken , i'll go with a little long

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

2 more hits on the 5mn td , that beast is holding up

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

On the 5mn chart , there is a nice resistance , it keeps hitting since about 2 hours , maybe a break could lead us to an uptrend

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

That's how i found 239.20 like K , but maybe i used a different technique I did a projection from the highest point of the trendline . Then i projected the difference between the highest point and the trendline (244.05-241.47 = 2.58) When it broke ...

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

Weekly pivot is around 240.20 , it seems it's stuck here at the moment

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

Hi guys Hmm , it looks like a good opportunity to go long , hopefully it won't break the trendline yet image

Mouteki Trading

Retracement is probably coming

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

Sell

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

It will probably go to the trendline at around 239.90 Let's see if it holds or it breaks

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

For sure not me , if you look at the QQE , 1h crossed down and it is below the 50 line , 4h seems to be in the same way And NY opens soon , wait for it

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

Yeh that's why i'm a little scared , but i'll do some scalp until NY open i think

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

I shorted GJ around 241.95 when QQE crossed down the 50 line

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

I see , thanks

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

Hi My2buoys, i'm seeing that inverted head and shoulders as well , but how come your neckline is so high ? Could you show it to me please Thanks

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