Possible SHORT on GBPJPY; creation of Bullish Deep Crab Pattern
Hello everybody!
So, after shorting on daily timeframe, and saving my ass on 4H chart :D I'm again for - shorting. Or buying JPY, whatever sounds better for you!
Thing is, at least how I see it, GBPJPY will soon touch Fibonacci 1.618 (around 144.38). When? Well, it's a billion dollar question. However, I'm convinced that it will happen in the next 5-10 days.
At that point, a Bullish Deep Crab pattern will be formed, and I'm already putting on alarm and pending orders for Buy Limit.
After it reached D-point, next targets are:
T1: X-point aka Fibonacci 1, around 149.50
T2: B-point aka Fibonacci 0.618, around 152.71
T3: this is hardly likely but you never know :D - zone between A-C-points aka Fibonacci 0 between 157-157.80
Let's ride together on these waves!
So, after shorting on daily timeframe, and saving my ass on 4H chart :D I'm again for - shorting. Or buying JPY, whatever sounds better for you!
Thing is, at least how I see it, GBPJPY will soon touch Fibonacci 1.618 (around 144.38). When? Well, it's a billion dollar question. However, I'm convinced that it will happen in the next 5-10 days.
At that point, a Bullish Deep Crab pattern will be formed, and I'm already putting on alarm and pending orders for Buy Limit.
After it reached D-point, next targets are:
T1: X-point aka Fibonacci 1, around 149.50
T2: B-point aka Fibonacci 0.618, around 152.71
T3: this is hardly likely but you never know :D - zone between A-C-points aka Fibonacci 0 between 157-157.80
Let's ride together on these waves!
Nota
It's not Deep Bullish Crab, but ordinary Bullish Crab. My mistake!Nota
Still waiting position to reach Fib 0.618Operación activa
Short position activatedOperación activa
Short is still active. Today's price range is between 151.20-151.50Operación cerrada: precio stop alcanzado
Trailing stop loss reached early in the morning before UK data released.I'm not trading this pair before Monday any more :)
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.