Maybe the bull run is over, the momentum on all smaler tf is pointing down and we have a triple top on h1 now...

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

so yuo think we have enough fire power to cross 241.7 like I was waiting all this time?

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

mine is at 240.25, so I guess my MT is the problem here

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

Daily is above 100SMA but to wait for that to close, the price will jump up and down many times

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

Go with the 4H trend if it's the same as the 1H, I think...

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

After all the talk earlier and consulting my charts I think: BUY @ 241.7 tp 242.7 sl 240.7 is very likely, what do you think? I know trade at my own risk, but I want your opinion.

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

Yes you undestood perfectly even though I wrote like s***...

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

By A's rules I 4H breaks 242.7 4H turns bullish, VT-level stop reversal has a line exactly there, and maybe SI will crossover 50 line that means 4H,, 1H bullish so by A's rules we another 100-200 pips up till 244.34 which is 50% fibo (237.57 - ...

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

On the daily chart we have an uptrend so it should be High 221.05 Low 251.07 (Daily chart), shoud it not?

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

that makes perfect sense, thank you, so I see you update your fibo.., I'll do that from now on. And another thing, 2H and 1H charts are bullish, and 4H is about to become if it beats that 242.7 so maybe we can see even more upward movement after, ...

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

In fact I forgot what I was doing, not many hours of sleep..., my fibo was for an up trend from 238.28 to 242.90, that's way my levels seemed to work any way you ploted yours for a downtrend, and now I am trying to figure out what that was.., so if ...

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

the only problem is that I had it the other way around and still some levels worked for me, anway..., would you care to tell me the zero level and 100 for the smaller downtrend?

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

I've read on babypics like you told me about fibo and they say that for a down moevement you should place your zero level at a swing high, but if you have your 61,8% fibo at 240.8* area like I presume it to be it means you have taken the swing low ...

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

I noticed that you are right almost all the time in setting levels, could you plese tell me how you got this one, is it a fibo level?

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

Not exactly, 1H very close to turning bullish, dose anyone has a clue what first suport might be? I only see 239.65 61.8 fibo

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

That is even better I would say, but it seems to be hapening faster than expected, is anyone going short?

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

I'll try my first prediction from reading all these days on the forum, after the 1H bar closes if the 1h trend still bearish, that is if QQE crosses the 50 line, and price gets out of the wedge, and 241.15 38.2 fibo, we could go short for 65 pips to ...

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

daily bearish, 1H QQE very close to geting below 50 line, 4H still bulish so maybe some rise to 243 like you say and after that we will see. I just want to know if I got it right with Fibo levels, that I read on babypips. fibo levels for last rally: ...

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

4H isn't bearish yet... QQE is pointing down, but hasn't crrosed it's signal line

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

I have VT now so I can respond..., Daily is still bearish very much QQE = SI below the 50 line and below the signal line

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