129.50 and it might retrace before breaking further. m30, H4, H8, and D1 are showing thumbs up for GBP/JPY and GBP/USD. D1 chart has broken channel resistance and made a confirmed bounce upward from the resistance turned support. When NFP shows even ...

Dragon Riders GBP/JPY

I'd say more like profit taking. That spike was quite crazy, well not like the first Brexit vote spike, though. Careful with the sudden choppy moves nearing USD data release.

Dragon Riders GBP/JPY

H8 shows a bounce upward, H4 shows a bounce downward, m30 shows a tight ranging, GBP/USD is at support. Trade carefully.

Dragon Riders GBP/JPY

Looks like the bias is favoring bulls. Worse than expected USD news number might push GBP upward, it might even cause a breakout. However with the current Brexit's fear, there can be a sharp move upward only to be pushed back down soon after. Daily ...

Dragon Riders GBP/JPY

Unless you can see the future with 100% certainty, I won't be so sure with the market's movement. I'll follow what the chart tells me, with a little fundamental spice added to get on the waves of profit.

Dragon Riders GBP/JPY

128.15 or 128.60. GBP/USD has broken strong resistance, GBP/JPY might follow the breakout. Nothing is certain in forex market, though. Trade carefully.

Dragon Riders GBP/JPY

The Daily chart suggest that there'll be a re-test on previous support turned resistance. I'll be careful with the current movement. Brexit fear fuels the sell, while the fundamental news support the bulls. Let's see what direction will the Dragon ...

Dragon Riders GBP/JPY

Well, let's see the confirmation for short trade. I have no idea what happened to cause that sudden 600+ pips fall only to bounce 300+ pips after. All happened in less than 30 minutes after Asia Market opened. If the pair really going south, it ...

Dragon Riders GBP/JPY

Careful with random spikes. The H4, H8, and D1 charts haven't shown confirmation. Those who trade short term charts, I wish you good luck and green pips. As for long term traders, it's better to wait for direction confirmation.

Dragon Riders GBP/JPY

Looks like the "reversed neck" break will have to wait until next week. Once the break has been confirmed, then the triple bottom pattern at D1 and reversed H&S pattern at H8 and H4 have completed. Once the lower high resistance at D1 has been ...

Dragon Riders GBP/JPY

That's what I do. I was just giving my opinion on what might happen. I only trade when the direction is clear.

Dragon Riders GBP/JPY

If it failed to break 130.40 and reversed upward, breaking the "reversed neck" resistance at 132.40, then the price might go to around 135.00 before consolidating. A retracement might happen at round 133.30 before reaching 135.00.

Dragon Riders GBP/JPY

I trust the chart more than news. Numbers don't lie, especially in big TF.

Dragon Riders GBP/JPY

H4 resistance has been broken. Might reach 133.25 before a retracement takes place.

Dragon Riders GBP/JPY

Happy to help.

Dragon Riders GBP/JPY

Until there's clear direction at H4, I'll stay away from the market.

Dragon Riders GBP/JPY

Not yet. H4 still hasn't shown confirmation of reversal. Lots of big movement upwards failed to break H4 resistances.

Dragon Riders GBP/JPY

Might reach 129.60. The support for JPY easing is strong. GBP/USD and USD/JPY are re-testing the weekly support now. Kinda risky to trade with the price go really close to strong support.

Dragon Riders GBP/JPY

G/U, G/J, and U/J are testing strong resistance on H4. A confirmed break above 132.50 might lead to 134.00 - 134.40 before retracement. Let's see what will happen...

Dragon Riders GBP/JPY

Careful there. A retracement downward might occur in H1. H4 hasn't shown any break confirmation upward so it might be premature to enter long G/J now.

Dragon Riders GBP/JPY