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Olu
Nov 20, 2017 9:39 PM

GbpJpy: One Of The Possibilities 做多

British Pound/Japanese YenFXCM

描述

Comments on the chart

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Price initially fell today but recovered by the 'close' keeping the idea in play. The stock market closed strong today. This 'risk on' environment favors a rise in the UsdJpy which in turn could move the xxxJpy pairs up

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Price retreated today as thee JPY strength was overwhelming. The idea is still on. Only just. A breakdown below the lower border of the structure around 147.65 is not good. This pair is really oversold

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We have upside breakout...

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We are now playing with double top issues here. While I am looking for more upside I decided to cut and run. Idea has played out well
评论
dead2live
yeah baby! I agree on the stops
Olu
Bad outcome for me despite a rise in prices. Trice took out all the stops on the downside before showing its true bullish colors.
WARNING: This price action will occur more often as time goes on and allowance needs to be made for this kind of price action
dead2live
On this one. Maybe turn into a good swing
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