Another example EUR/AUD . 2 more highs hitting the angle and down we go. image

Dragon Riders GBP/JPY

Here we have an angle example USD/CAD. should reach 1.3600 once it broke the angle after 3 lows. image

Dragon Riders GBP/JPY

Long distance is some where around 138.00

Dragon Riders GBP/JPY

image 2 more highs and then when the angle is broken it is a short position traveling quite a long distance

Dragon Riders GBP/JPY

In my opinion 2 more waves after recent high 144.97

Dragon Riders GBP/JPY

New Analysis. Gbp jpy will turn around when angle is broken 3rd time. I´ll keep you upto date. image

Dragon Riders GBP/JPY

Indeed.

Dragon Riders GBP/JPY

I ´ll be selling @ 145.60 just below recent high. I see GBP/CAD making one more high and therefore will use it as a reference. image This is GBP/CAD and i expect it to go down 1600 pips once the angle has been broken but stilll needs to make one ...

Dragon Riders GBP/JPY

Price could go above 148 as Msniper has stated so your target should be ok

Dragon Riders GBP/JPY

image Once reaching 145.69 from 1st angle, possibly target 146.75 from 2nd angle.

Dragon Riders GBP/JPY

All the way down to 126.61

EUR/JPY

Good entry short from here image

EUR/JPY

x

USD/CAD

To me it looks like ending at C. Weakness is now on the Japannese Yen. When CHF is strong against a certain pair that pair will struggle. Look at the daily chart CHF/JPY!! image

Dragon Riders GBP/JPY

In normal circumstances it should have reached 143.80 aprox. had it hit the angle so maybe 143.70 is a safe place to exit.

Dragon Riders GBP/JPY

image This pattern is like 1929 crash. As you can see price has gone out of range but finally come back to rest on angle. So i asume EW can be distorted in this move!!

Dragon Riders GBP/JPY

If you can do it, we are talking about 100 pips, good enough.

Dragon Riders GBP/JPY

Hi Gespri, I believe it will break recent highs 145.69 but probably will sell before and change to other pair that squares the angle. I more or less got the entries quite right but not sure where to exit so 143.9 is good also for me. It depends on ...

Dragon Riders GBP/JPY

image Still holding the angle. I need to improve some aspects but slowly will get there. I have been trading for 17 years and so far all these indicators RSI MACD etc lag. There are just misleading. No good. You get the information from the past ...

Dragon Riders GBP/JPY

Maybe wanna go long now. I believe its ok

Dragon Riders GBP/JPY