My weekly and monthly chart is exactly the same as yours.. all the blue lines you plotted even the one which is crossing Diagonally too. I thought I am the only crazy one here.

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

So technically Price should retest broken trendline on monthly some day..

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

So we should be seeing all blue candles on monthly.. 167xx level is in the cards..I would aim for 61.8% from last years high to this years low .. 61.8%178xx level.. but first 167xx..

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

Thanks for clearing that up about wave count... If wave 4 cannot enter wave 2 .. then this thing is definately going higher..wave 3 higher .. then Wave 4 down .. has to be above 150.90 level.. now you can imagine where wave 5 can end up...high . ...

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

Thanks.. I am glued to the computer for last 2 years. Read books.. tried other peoples strategy..( no definate results) got rid of things that didnot work for me.. only applying what works technically also mentally(psychology of mind) + money ...

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

I know .. I just put it there wave1 and wave 2..just for visual..Like I said before..I am only concerned with wave three..( from 143 to 160.. was definately wave 3.. but I dont think it ended.. should end in 162- to 163 area...IMO) than wave 4.. ...

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

what are you trying to say???

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

Its very difficult to say, what will happen .. from here.. one thing is certain..its gonna be a very choppy Market next week.. We know all the Support levels. What we dont know is Resistence.. 150xx 149xx are the Key levels for down..fake out range ...

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

Just got back... so My this scenario did play out a little earlier than suggested... Hope the rest will happen too. Posted this 14 hours ago.. This scenario is still valid as long as 151xx level holds. Dont know if any one paid attention,, guess I ...

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

Why not.. just gave you a nice chart.. weekly pivot..which is a strong support.. then hopefully up.. well we will get some pips out of that bounce..

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

Here is the wISHFUL tHINKING..200% fIB RETRACE. Inverted Head & shoulder on Hourly.. Daily 61.8% 167.45 retracement from 195xx- 118xx. Note weekly pivot is at 153.08.... 1400 pip is a lot though for 1 day.. might have to wait for a whole month. SEE ...

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

Channel 15 M. with Fibs.. Red lines Resistance.

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

Think price needs to see the daily Pivot today.. hasnot seen it in days... My Daily Pivot is at 153.08

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

The way you do lots trade... thats the way to do it..

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

They all are bunch of crroks..I think CurrencyExchange .. guy had similar problem of 60 pips.

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

Like i said earlier.for reversal on weekly.. We should have a pin bar which should sit between 155- 154 level....or in order to get a reversal Doji.. price should go to 151.53.. then pull back to 154.00.. should happen tonight...if this thing is ...

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

See previous post for daily chart... if that happens..from neckline141xx to 160xx is 2000pips.. give or take... Now for head&shoulder to happen you measure the size of the head which is 2000pips.. reverse it .. Now you have +4000pips give or take.. ...

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

It could . but I am thinking -400 pips or +4000pips( give or take) I see a head & shoulder on 15M.. also 1Hr..

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

I just shorted this ..150xx we might see by friday close..

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

No need to tell what this looks like..

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