after this large bearish daily candle, direction is clear for UJ:

Daily candle chart

geppy - daily: I think we may count todays candle as a shooting star. It is a bearish reversal pattern with low reliability: url

Daily candle chart

after neutral candle on tuesday, we have bearish confirmation for direction on wednesday. watch out for a break of this large triangle. But maybe a bit retrace first, then down again.

Daily candle chart

yes, looks like market has realized, where the trend is . nice breakout of a triangle, maybe targeting fibo extension levels.

Daily candle chart

Oh, Ok. Danke

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

how about a sell limit order at 145 and 145.50 ?

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

doc, what is the correct fibo extension drawing in your opinion, the yellow or the red one ?

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

agreed, imho sell would be not a good idea atm, better: A) no trade B) 5m ema50 retrace C) fibo retrace D) what ever you like if money does not count.

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

If I`am right dow is closed now. I think we may call this a nice bearish daily candle, with nearly no lower wick. Does not look bullish for tomorrow

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

time might save dow...for today. karmo might get his bloody ...whatever he was talking about. retrace after dow close, and turning bearish during asia session again. daily shooting star I hope BOJ will not burn money again: url

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

Dow entering critical level. Time may save it above 8000 for today, but tomorrow will be most importend US session

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

weekly is not closed for geppy, but question: Do we have on weekly geppy a White Opening Marubozu also called as a Bullish Belt Hold ?? url

Daily candle chart

A daily shooting star would be nice, but....well dow is protected at 8100, if we reach there bulls are in play - again Might be another small body - long wicks daily candle. Nice moves atm

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

may I ? Interisting re-test of the monthly 100 % fibo level imho. If price is establishing above 148.20 I would be pretty surprised. We may re-test 148.20 a few more times. But a broken monthly fibo level is a broken monthly fibo level

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

please read url

Daily candle chart

longterm there is still room for GU for 500-1000-1500 PIPS fall, but there is a lot of areas of support (have been in the past). Maybe it will take a lot of time, a lot of ranging and a lot of patience.

Daily candle chart

your are absolutly right, fundamental and pattern. GBP has had very bad CPI numbers, and price has not moved that much. Today we see a lot of neutral high wave candles, which needs confirmation for one way or the other. url My bias is still ...

Daily candle chart

most importend is the trendline break on daily tnx, and weekly 3 bearish crow pattern on tnx. There will be intervention at dow 8000 again, but they are not able to burn money until end of time. I watch TV.

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