GU is just getting more steam for a final move up before reversal; we might have 1.533 as a final push up IMHO

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

let's see if that pattern will work out

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

it seems that daily points out to bears to prosper now

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

daily volume is declining; price is forming a doji on daily; today PA was just crossed 38.2 fib fan line just to consider

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

that is the question to Elliott wave specialists for it will depend on how to count the waves; if my analysis is correct then we might see geppy close enough to 116 or lower

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

we need to watch out how 4th 4h candle closed to make a decision

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

I'm in the same bear camp with Eulogy, Sycho and Grashid that GJ shall retrace to 144 and probably to 140 area

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

Strong Yen is a big threat which is ready to deflate the Japanese currency and that will lead to collapse of whole market in long term; Central bank is desperate to inflate their currency to support the recovery of economy; we might see Yen weaker ...

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

we might expect second touch of lower band of channel due to symmetry probability IMHO

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

tht was a good advice abt dull mkt

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

on my 4H Stoc is crossed, do you expect gap down?

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

I agree with mima that there is still room for 149 to come but it doesn't mean that geppy will not move down. Anyway RSI is pretty close to overbought

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

GJ reached an important level on 8h channel yesterday and from previous two months PA experience she retraced usually 200-300 pips, so I do expect repetition before final move up will be accomplished but of course I might be wrong

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

Hey, mate, I did not advice anybody to follow me, just am open to discuss the possible future moves

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

I see only double top on 15m and Gann pointed down

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

could be either consolidation or top; PA today looks suspicious and bearish pattern is not very strong too; few other patterns could be considered as played out or not (if not, we might see geppy at 149.2 or 150.3 or as high as 152); any direction ...

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

it is bearish .854 pattern and it shall be cancelled if geppy would be over 149 today

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

agree, we shall see GJ falling down to 143.8 area

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

agree, symmetry does its job at present and we might see the repetition of previous actions if... pls look at my chart

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

the key to distinguish bear/bull flag is PA, momentum and acceleration if there is not any clear evidence of acceleration after broken bull flag then most reason is that assumption for the "bull flag" was wrong IMHO

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